The problem with this line of reasoning, however, is it has no basis in economic theory. It is a matter of political expediency to afford an industrial sector policy attention in propor- tion to the share of income (or jobs, or foreign exchange) it generates, not a matter of economic logic.9 This is always true in any equilibrium-based (static) argument. Indeed, it is only when considering the failure of an industry that political and economic significance align in this static manner (due to the proportionate and ramifying distortions on other industries). But the creative industries interaction with the aggregate economy is presumed to be positive, not negative. Yet, if so, then the basic economic-political significance may no longer hold.