Self-deceit often goes hand-in-hand with misinformation. For instance, it is a popular belief among artists that ‘doing art is a learning process without end’, meaning that those who persevere will in out in the end. This kind of ‘information’ encourages … Continue reading →
Just because top incomes in the arts exceed those in other professions does not mean that the average income of artists is also higher. On the contrary, evidence indicates that the average income among artists is lower than in comparable … Continue reading →
The visual art market is a deep-pocket market. It offers a good opportunity for us to discuss the possible deviations between aesthetic and market value. In numerous countries over the last decades, a divergence between market and aesthetic value has … Continue reading →
Is it possible that the powers of the social group that leading experts belong to are different from those of consumers? On average art consumers are part of a social group that has relatively more economic capital (wealth) and income … Continue reading →
There is no reward for good art in the market. And it’s not just artists and art lovers who go around saying this. The notion that artistic quality does not ‘pay’ permeates every level of society. The cleaning woman and … Continue reading →