Artwork

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No. 53: Is the Art Market Irrational?

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Manage episode 190372961 series 1105036
Content provided by The Artsy Podcast and Artsy Editors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Artsy Podcast and Artsy Editors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Who decides how much an artwork is worth? And is that price tag rational? On this episode, we’re joined by economist Don Thompson, whose latest book The Orange Balloon Dog explores the inner workings of the contemporary art market. From Jeff Koons’s monumental sculpture that set auction records in 2013 to the upcoming sale of Leonardo da Vinci’s Salvator Mundi, we discuss how the massive sums paid for artworks are determined across auction houses, art fairs, and private deals.
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91 episodes

Artwork

No. 53: Is the Art Market Irrational?

Artsy

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Manage episode 190372961 series 1105036
Content provided by The Artsy Podcast and Artsy Editors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Artsy Podcast and Artsy Editors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Who decides how much an artwork is worth? And is that price tag rational? On this episode, we’re joined by economist Don Thompson, whose latest book The Orange Balloon Dog explores the inner workings of the contemporary art market. From Jeff Koons’s monumental sculpture that set auction records in 2013 to the upcoming sale of Leonardo da Vinci’s Salvator Mundi, we discuss how the massive sums paid for artworks are determined across auction houses, art fairs, and private deals.
  continue reading

91 episodes

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