The Medium is the Market
Hal Foster: Business Art, 9 October 2008
“... The coincidence of the megasuccessful auction in London with the metafinancial disaster in New York is striking, and it makes a couple of things clear. First, while the markets burn the art world plays on, and London is now its undisputed capital. Second, even as titans fall, there are still lots of high rollers with money to burn on art, at least outside ... ”