3 ms·
To those might be thinking that demand probably isn't unlimited, it's true. But art is a business where demand doesn't quite work as one would normally understa
by ddebernardy 8y ago
To those might be thinking that demand probably isn't unlimited, it's true. But art is a business where demand doesn't quite work as one would normally understand it.
(Anecdotal.) I once was sitting next to a professional art dealer on a Eurostar. He gave me a hilarious primer on how his business worked as we made our way to Paris. In short, art demand is to a very large extent driven only by what's on display at the art dealers' places during their exclusive parties. A good way to think about this is that art dealers are opinion leaders and create new art trends as they see fit à la Devil Wears Prada.