The book Privatising Culture: Corporate Art Intervention Since the 1980s by Chin-Tao Wu was published in 2001 in New York. One aim of the book is to counter the effect of skinflint policies instituted by Margaret Thatcher and Ronald Reagan that slashed government funding of art, to encourage increased private funding of the arts, and how, for example, the consequent change in membership of trustee boards from academics to corporate executives has inevitably lead to potential conflicts of interest.[29]