The Evolution of Contemporary Arts Markets: Aesthetics, Money and Turbulence (Routledge Studies in the Economics of Business and Industry) (Hardcover)

The Evolution of Contemporary Arts Markets: Aesthetics, Money and Turbulence (Routledge Studies in the Economics of Business and Industry) By Andrés Solimano Cover Image

Description


The Evolution of Contemporary Arts Markets looks at the historical evolution of the art market from the 15th century to the present day. Art is both an expression of human creativity and an object of economic value and financial refuge at times of economic turbulence. Historically, the art market evolved with the development of capitalism, finance and technical change, and art schools responded to social events such as wars, revolutions and waves of democratization.

The author discusses the main features of modern art markets such as complexity in art valuation, globalism, segmentation, financialization, indivisibility, liquidity and provenance issues. The book studies the impact of wealth inequality and economic cycles and crises on the art market and features a chapter focusing specifically on the art market in China.

This accessible publication is ideal for a broad, interdisciplinary audience including those involved in the economic and financial fields as well as art lovers, art market participants and social and cultural scholars.

Product Details
ISBN: 9781032103938
ISBN-10: 1032103930
Publisher: Routledge
Publication Date: October 1st, 2021
Pages: 12
Language: English
Series: Routledge Studies in the Economics of Business and Industry