Within forty-eight hours in the fall of 2014, buyers in the Sotheby's and Christie's New York auction houses spent $1.7 billion on contemporary art. Non-taxed freeport warehouses around the globe are stacked with art held for speculation. One of Jeff Koons' five chromium-plated stainless steel balloon dogs sold for 50 percent more at auction than t



ISBN: 9781771621526
Audience: General
Format: Paperback
Number of Pages: 224
Publication Date: 28 Sep 2017
Publisher: Douglas & McIntyre
Publication City, Country: Toronto, Canada
Dimensions (cm): 22.6(H) x 15.2(L) x 2.3(W)
Weight (gm): 386


Author Biography

Don Thompson is an economist, and emeritus Nabisco Brands Professor of marketing and strategy at the Schulich School of Business at York University in Toronto. He has an MBA and Ph.D. from the University of California, Berkeley, and has taught at Harvard Business School and the London School of Economics. He is the author of twelve books, including the internationally bestselling The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art (St. Martin's Griffin, 2010) and The Supermodel and the Brillo Box: Back Stories and Peculiar Economics from the World of Contemporary Art (St. Martin's Griffin, 2014). He has written on the economics of the art market for publications as diverse as The Times (London), Harper's, Fortune and Apollo. He lives in Toronto.
Orange Balloon Dog: Bubbles, Turmoil and Avarice in the Contemporary Art Market

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