State of the Arts
The art market is booming, but most people can’t afford Picasso or a Basquiat. Here’s why they should pay attention anyway.
Don’t worry about understanding abstract paintings or learning to appreciate sculptures. Just think of
the high-end art market as an economic indicator that no one really talks about.
Indifference to the niche market isn’t wholly unreasonable. Less than a quarter of U.S. adults visited art exhibits five years ago, according to the National Endowment for the Arts. Considerably fewer ever get the...
