![]() ![]() In "The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art" (Palgrave Macmillan, 272 pages, $24.95), published earlier this year in England, and coming out in America in September, Don Thompson provides the single best guide to both the anthropology and the economics of contemporary art markets. ![]() That process has long been murky to outsiders, but we have a new guide to the exotic world of dead sharks, Brillo boxes, and Jeff Koons puppy sculptures. Remarkably, buyers support the process in the interest of coming out on top, rather than fighting it and trying to get the lower prices. The network of galleries and auction houses spends a lot of its time, money, and energy giving artworks just the right image. ![]() Most art dealers know that art buying is all about what tier of buyers you aspire to join, about establishing a self-identity and, yes, getting some publicity. ![]()
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