1 HN user recommended this explainer1 month2021–2022score 1
Years with an HN recommendation, 2007–2026
Used to explain why contemporary art is expensive for money reasons rather than art reasons.
A Wendover Productions video on how the art market works, arguing that prices are driven by wealth, storage and tax mechanics rather than artistic value.
“Good time as ever to plug Wendover's recent video about how the art world works.” (HN, 2021)
Good time as ever to plug Wendover's recent video about how the art world works. [this video] Seeing Sotheby's attach its name to NFTs confirms every suspicion i ever had about NFTs.
Explains how the art world works and why prices are inflated.
I mean you are right, but that texture is doing a lot of work, since the Mona Lisa is about $850 million, and my solution is $0.0001 million, and indistinguishable at 15 meters. But either way, this doesn't distract from the main thrust of my point. Art is expensive for Money reasons, not art reasons. [this video] [link]
Supports argument that art prices reflect money, not art.
> The people doing contemporary fine art with their audience are unaffected. It's not a particularly well hidden secret that the contemporary fine art is really not about the art or the artist. [this video]
Cited for claim that contemporary fine art is not about art.
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