I’ve had several conversations with arts folk lately. Talk quickly turns to the economy.

Like everyone else, art organizations are feeling the pinch of a collapsed housing market, high fuel costs, and what feels like a recession even if we’re not calling it that.

It’s likely ticket prices to go up slightly, if at all. What’s certain is that philanthropy has taken a hit, with patron’s investment portfolio’s looking leaner than in years past.

I was reminded of all this by a report yesterday on Marketplace, the business news show produced by American Public Media.

There’s a name for what we’ve been feeling lately — inflation.

Inflation