Art is a terrible investment.
It’s simplistic to say it, but I think the contemporary art market reflects the economy in general. A handful of artists sell work at huge prices, and the others scramble for crumbs. Wealth flows upward. One percent runs it all.
It’s simplistic to say it, but I think the contemporary art market reflects the economy in general. A handful of artists sell work at huge prices, and the others scramble for crumbs. Wealth flows upward. One percent runs it all.