The orange balloon dog : bubbles, turmoil and avarice in the contemporary art market / Don Thompson.

Format:

Book

Author/Creator:

Thompson, Donald N., author.

Language:

English

Subjects (All):

Art--21st century--Economic aspects.

Art.

Art, Modern--20th century--Economic aspects.

Art, Modern.

Art auctions.

Art dealers.

Art--Economic aspects.

Physical Description:

239 pages, 8 unnumbered pages of plates : color illustrations ; 23 cm

Other Title:

Bubbles, turmoil and avarice in the contemporary art market

Place of Publication:

Madeira Park, BC : Douglas & McIntyre, [2017]

Summary:

"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 analyzes 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."-- Provided by publisher.

Contents:

Art, pay, love

Is value the last paddle raised?

The art of more

Tears in the market fabric

An Uber future

The new world of museums

The bubble.

Notes:

Includes bibliographical references (pages 212-230) and index.

Other Format:

Thompson, Donald N., 1939-, author. Orange balloon dog.:

ISBN:

9781771621526

1771621524

OCLC:

969538467