TIME Magazine: Culture Club. 2008-Jan-17, by Richard Lacayo: In 2005 the Center for an Urban Future, a Manhattan-based think tank, issued a study of the city's cultural sector, which it defined broadly to include art, design, music, theater and dance, as well as TV and film production, architecture, publishing, fashion and even advertising. It found that taken together those professions were second only to financial services as an economic force, employing 309,000 people, or more than 8% of the New York City work force....New York can cultivate the arts as an industry sector for the same reason that Detroit can support the production of cars: because it offers a powerful infrastructure, a network of suppliers, expertise and kindred spirits....The real estate crunch is a potential calamity for the arts economy.