The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art

The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art

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Some comments about this we saw on the web:

* /u/breefield on /r/BurningMan I did some research about the Coloring Book piece by Jeff Koons and found this Gale Hart quote: > Too many artists think the city needs to hand them something,” she said. “A lot of artists have this attitude that they’re special because they make art… There’s not an artist in this town that’s in a place in their career where they deserve $8 million.

https://news.artnet.com/art-world/jeff-koons-coloring-book-sacramento-arena-672608

The value of art is such a perplexing topic to me. For example Matty Mo (LA artist) pulled this stunt at art show: https://www.youtube.com/watch?v=yLcfXo_GRSI

AFAIK in the traditional art world, art is valued based on the value of the artist, not on the art itself, but I bet there is more to this that I don’t understand. If anyone knows of any literature on the subject pls send my way. I’m going to start with this book: https://www.amazon.com/Million-Stuffed-Shark-Economics-Contemporary/dp/0230620590/ref=pd_lpo_sbs_14_t_0?_encoding=UTF8&psc=1&refRID=CMFP4F0AWJAPK06B7EAG

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