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Much Ado about Nothing in the Art Market

Audio Mises Wire

Tags Media and Culture

06/30/2021Paul A. Cantor

The recent sale of an invisible statue for £13,000 is symptomatic of the thoroughgoing financialization of our economy. Investors have become ever more obsessed with the symbols of economic reality and less concerned with underlying economic facts.

Original Article: "Much Ado about Nothing in the Art Market​"

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Paul A. Cantor

Paul A. Cantor (1945–2022) was Clifton Waller Barrett Professor of English at the University of Virginia and the author of Pop Culture and the Dark Side of the American Dream: Con Men, Gangsters, Drug Lords, and Zombies.