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Re: the fragile art market

From: CAP
Date: 30 Jun 2010
Time: 19:28:44 -0500


It's not so different from other markets. Supply/demand have little to do with intrinsic quality. Look at the arms industry or raw materials. Who cares what a work means, so long as others want it? Just because works succeed or fail at auction has nothing to do with what they mean or how well they say it. Phillips dP live by the sword, die by the sword.