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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