Orange Balloon Dog (eBook)

Bubbles, Turmoil and Avarice in the Contemporary Art Market

Don Thompson (Autor)

eBook Download: EPUB

2017
D & M Publishers (Verlag)
978-1-77162-153-3 (ISBN)

Infos

Within forty-eight hours in the fall of 2014, buyers in the Sotheby's and Christie's New York auction houses spent $1.7 billion on contemporary art. Non-taxed freeport warehouses around the globe are stacked with art held for speculation. One of Jeff Koons' five chromium-plated stainless steel balloon dogs sold for 50 percent more at auction than the previous record for any living artist. A painting by Christopher Wool, featuring four lines from a Francis Ford Coppola movie stencilled in black on a white background, sold for $28 million. In The Orange Balloon Dog, economist and bestselling author Don Thompson cites these and other fascinating examples to explore the sometimes baffling activities of the high-end contemporary art market. He examines what is at play in the exchange of vast amounts of money and what nudges buyers, even on the subconscious level, to imbue a creation with such high commercial value. Thompson analyzes the behaviours of buyers and sellers and delves into the competitions that define and alter the value of art in today s international market, from New York to London, Singapore to Beijing. Take heed if your millions are tied up in stainless steel balloon dogs Thompson also warns of a looming bust of the contemporary art price balloon.

Produkt-Details

• Erscheint lt. Verlag: 8.4.2017
• Sprache: englisch
• Themenwelt: Kunst / Musik / Theater ► Allgemeines / Lexika
• Themenwelt: Sozialwissenschaften ► Politik / Verwaltung
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre
• ISBN-10: 1-77162-153-2 / 1771621532
• ISBN-13: 978-1-77162-153-3 / 9781771621533