It's interesting that Jason just mentioned Scandinavia. I have been studying an example of a very interesting practice from Norway. The Norwegian equivalent of CARFAC has been financing for many years a system of long-term income supplements to established and senior artists. Basically, the way the system works is this. Recognizing that the public funding system does have some blind spots and some gaps, specifically with respect to practising artists who are in their senior years, they've instituted a very rigorous system for awarding stable, long-term funding to artists for five- or seven-year periods, I believe, so that they can continue with their practice at a time when perhaps their production is less attractive to the flavour-of-the-month art market.
If I'm not mistaken—