Read Allison Schrager's new NY Times op-ed
Allison Schrager on how even the art world is being warped by our unequal economy.
❝ Art collecting has always been an exclusive activity, but the world of contemporary art, in particular, has become dominated in recent years not by the 1 percent — the millionaires — but by the super-wealthy billionaires of the 0.01 percent.
This growing inequality threatens to upend how the market works. The small and midsize galleries that have long supported and nurtured unknown artists are finding it difficult to survive in the winner-take-all economy of contemporary art, meaning the next Andy Warhol or Donald Judd, who rose through the ranks of the gallery system, might never be discovered. … [QZ.com]
| ALLISON SCHRAGER is an award-winning journalist at Quartz & author of An Economist Walks into a Brothel.. Watch her discuss "Taking Risks in a Changing Economy" below, and learn more about booking Allison for your next event today. |
