Where is value found? Where — if anywhere — can it be located? In an era such as the one we are entering, this becomes more than a philosophical question. After the 2008 crisis, wealth rushed to the topmost end of the art market, in the belief (often correct) that a judiciously chosen canvas could harbor value better than gold.
Yet the rush of money into art always has a distorting effect, further exaggerating the value that auction houses and a tiny group of high-net-worth individuals place on the work of certain artists. And dulling even further our ability to appreciate …
Something to Consider
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