art and money


Randy Pausch gave good advice to his computer science students at Carnegie Mellon: When you know you are in pissing contest it, get out of it as fast as you can. So in the Pauschian spirit, I offer this delicious cartoon, sent by Mr. Eyeballs as both a free gift and a chastisement. The previous post grew, in some curious way, out of Arty Bollocks, the earlier waltz over artistic pretension. Just how things sidled into corporate greed, is a bit murky. Continue Reading
Art & Money

HERE I SIT WITH A HORRID LITTLE BOOK. Well, not so little at 300 pages but definitely unlikeable. Fine Art and High Finance by one Clare McAndrew was published this year by Bloomberg Press [yes, that Bloomberg]. Subtitled Expert Advice on the Economics of Ownership, it is a handbook on the global art trade meant for the financial sector. Dr. McAndrew explains:
The international art market is estimated to have turned over more than $60 billion in total sales of fine and decorative art and antiques in 2008, one of its highest-ever recorded totals.
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