The $12 Million Stuffed Shark
The Curious Economics of Contemporary Art
Recommended by Georgina Adam, and 1 others. See all reviewsRanked #69 in Art, Ranked #73 in Art History
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... more
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... more
Reviews and Recommendations
We've comprehensively compiled reviews of The $12 Million Stuffed Shark from the world's leading experts.
Georgina Adam There’s more demand for contemporary art—no doubt about it. And that encourages more supply in the marketplace. However, in his book, Don Thompson points out that most contemporary art will not be resalable at any price. (Source)
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