Monthly Archives: March 2013

The Economics of Art

Posted on March 28, 2013 by mcculloughllc

By Michael McCullough From the Soft to the Nonexistent Middle Market Andy Warhol is quoted as saying “[a]n artist is someone who produces things that people don’t need to have but that he – for some reason – thinks it … Continue reading →

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Chasing Myanmar

Posted on March 21, 2013 by mcculloughllc

By Michael McCullough The Global Art Market in 2012 I suppose I started to notice it about eight years ago, when art fairs became the major source of income for most new galleries. Before that, collectors were content to visit … Continue reading →

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A Crisis of Confidence?

Posted on March 14, 2013 by mcculloughllc

By Michael McCullough The Economics of Authenticating Art In April of last year, I attended a gathering where Michael Straus of the Andy Warhol Foundation spoke about the foundation’s then recent decision to stop authenticating works by Andy Warhol. It … Continue reading →

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Our Greatness and Our Goods

Posted on March 8, 2013 by mcculloughllc

A Letter from Deep in the Heart By Michael McCullough Most budget debates in the US Congress are conducted on an astonishingly low cultural and intellectual level, marked by both parties claiming clairvoyance over what is required to “make the … Continue reading →

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