The Art Market Crash and the Global Economy

The Lehman Brothers corporate sign enters Christie's, London for a September 29, 2010 sale. Image via the NY Times.

DAY 18 Today is Friday, January 20,^th and we close with the art market crash of 2008. Examine the posted readings, especially

the issue of ArtForum International dedicated to discussing the art market crash. Choose one essay from this publication to

discuss with regards to its assessment of the crash and/or projection for the future.

Readings

AO Auction Results: Christie's sale of Artwork and Ephemera from Lehman Brothers fetches a further $2.6 million for the collapsed bank's creditors in London, September 29th, 2010

http://www.zoodisk.com/ao-auction-results-christie-rsquo-s-sale-of-artwork-and-ephemera-from-lehman-brothers-fetches-a/174180

Art and Its Markets, ArtForum International, April 2008

http://www.e-flux.com/shows/view/5288

Accounting for Taste: Olav Velthuis on the Economics of Art, ArtForum International, April 2008

http://find.galegroup.com/gtx/retrieve.do?contentSet=IAC-Documents&resultListType=RESULT_LIST&qrySerId=Locale%28en%2CUS%2C%29%3AFQE%3D%28JN%2CNone%2C24%29%22Artforum+International%22%3AAnd%3ALQE%3D%28DA%2CNone%2C8%2920080401%24&sgHitCountType=None&inPS=true&sort=DateDescend&searchType=PublicationSearchForm&tabID=T002&prodId=AONE&searchId=R1&currentPosition=12&userGroupName=nysl_sc_cornl&docId=A178085088&docType=IAC

Individual Contributions

 
 
Consider & comment:
Please use this space to respond to your classmates' work and to engage in lively discussions on the day's topic. Keep your comments concise and conversational by responding to others, rebutting or supporting their ideas. Use the comment box below for these observations.