The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art

Why would a smart New York investment banker pay $12 million for the decaying, stuffed carcass of a shark? By what alchemy does Jackson Pollock’s drip painting No. 5, 1948 sell for $140 million?

Intriguing and entertaining, The $12 Million Stuffed Shark is a Freakonomics approach to the economics and psychology of the contemporary art world. Why were record prices achieved at auction for works by 131 contemporary artists in 2006 alone, with astonishing new heights reached in 2007? Don Thompson explores the money, lust, and self-aggrandizement of the art world in an attempt to determine what makes a particular work valuable while others are ignored.

This book is the first to look at the economics and the marketing strategies that enable the modern art market to generate such astronomical prices. Drawing on  interviews with both past and present executives of auction houses and art dealerships, artists, and the buyers who move the market, Thompson launches the reader on a journey of discovery through the peculiar world of modern art. Surprising, passionate, gossipy, revelatory, The $12 Million Stuffed Shark reveals a great deal that even experienced  auction purchasers do not know.

Finding high-quality digital editions shouldn't be a challenge. With instant access to our curated library, you can start your journey with Aftermath immediately. Whether on your phone, tablet, or e-reader, the story of Raleigh's life is presented in a format designed for modern readers.

To get started finding The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art, you are right to find our website which has a comprehensive collection of titles listed. Our library is one of the most comprehensive resources for free digital reading materials, providing verified and safe content for book lovers worldwide.