Posted inOpinion

Art Is the New Gold

Channeling the conspiratorially unhinged salesmanship of a Cash 4 Gold pitchman, the New York Times ran a hilariously bad art market trend piece today — a story titled “As Money Props Up Art World, Prospects Are Mixed,” which portends to link macroeconomic trends with demand for art market investment vehicles. In its own imbecility it reveals a different sort of trend: the perpetual shortcomings in art market coverage, an area that often sees a minimum of rigor and a maximum of price-tag sensationalism at major newspapers.