Description
Book Synopsis: Why would a smart New York investment banker pay $12 million for the decaying, stuffed carcass of a shark? By what alchemy does Jackson Pollock's drip painting No. 5, 1948 sell for $140 million? Intriguing and entertaining, The $12 Million Stuffed Shark is a Freakonomics approach to the economics and psychology of the contemporary art world. Why were record prices achieved at auction for works by 131 contemporary artists in 2006 alone, with astonishing new heights reached in 2007? Don Thompson explores the money, lust, and self-aggrandizement of the art world in an attempt to determine what makes a particular work valuable while others are ignored.This book is the first to look at the economics and the marketing strategies that enable the modern art market to generate such astronomical prices. Drawing on interviews with past and present executives of auction houses and art dealerships, artists, and the buyers who move the market, Thompson launches the reader on a journey of discovery through the peculiar world of modern art. Surprising, passionate, gossipy, revelatory, The $12 Million Stuffed Shark reveals a great deal that even experienced auction purchasers do not know.
Details
Are you curious about the mysterious and lucrative world of contemporary art? Look no further than "The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art." This captivating book takes you on a journey behind the scenes of the art market, revealing the secrets and strategies that drive prices sky-high. Written by renowned economist and art market expert, Don Thompson, this is not just another book about art – it's a must-read for anyone looking to understand the economics behind this fascinating industry.
What sets "The $12 Million Stuffed Shark" apart from other books on contemporary art is its unique blend of expert analysis and captivating storytelling. Thompson takes complex economic theories and breaks them down into digestible insights, making it accessible for both art enthusiasts and those new to the subject. Whether you're an art collector, investor, or simply curious about the art world, this book is a valuable resource that will enhance your understanding and appreciation of contemporary art.
Not only does "The $12 Million Stuffed Shark" provide valuable insights into the art market, but it also delves into the stories behind some of the most iconic and controversial artworks of our time. From Damien Hirst's infamous shark suspended in formaldehyde to Jeff Koons' balloon animals, Thompson unravels the tales of these groundbreaking pieces and the economic forces that propelled them to staggering valuations. Immerse yourself in the fascinating narratives and gain a deeper understanding of the artists and artworks that have shaped the contemporary art landscape.
Ready to discover the intriguing world of contemporary art economics? Grab your copy of "The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art" today and embark on a journey that will forever change the way you perceive and appreciate art. Don't miss out on this valuable opportunity to gain insider knowledge and unlock the secrets of the art market. Get your copy now!
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