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by campbellmorgan
3071 days ago
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Most people tend to dismiss the wide-range manipulation of high-end art as an irrelevant problem that only affects millionaires and a tiny subsection of "commercial artists". A point worth making is that more often than not, it is taxpayers who end up footing the bill when public museums purchase wildly expensive work whose price has been driven up by the processes described in the article. While museums may get a discount for being important "taste-makers", I can't believe that that makes up for the crazy overvaluation. This alone should make the case for better regulation as difficult as it must be across international borders. |
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So while it is nice for the public to be able to see a certain original, I can think of millions of better ways to spend that money and then just see a replica.