The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art
Palgrave Macmillan (2010), ISBN-10: 0230620590, ISBN-13: 978-0230620599
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 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. (Description taken from amazon.com.)
Thursday, July 11
Curatorial Program by Miranda Lash, Curator of Modern and Contemporary Art
Thursday, July 25
Book Discussion Group
All book club discussion groups and special programs start promptly at noon. Please come at 11:30 a.m. if you would like to eat a sack lunch and chat with friends. NOMA provides soft drinks and water.
To join the NOMA Book Club and to RSVP for meetings call Sheila Cork at (504) 658-4117 or email at email@example.com.
The Museum Shop offers a 20% discount on NOMA Book Club items when you show your Book Club card.