The Melt Down And The Art World

I haven’t spoken much about the current economic meltdown, even though it does pertain to art very much.

The reason why I have chosen to ignore it was it seemed to me to an hysterical chain reaction that was completely blown out of proportion. That the whole financial world is based on speculation and therefor much more emotion than fact really blows me away.

Obviously people are more conservative with there money spending patterns and wild investments that would grow really well in good times are not really embraced right now.

The art world had also become a place for speculators over the passed few years, but probably by now, very little of that is going on.

The Chronicle of Artistic Failures in America posted a list of links discussing the economic melt down and its connection to the art world - some interesting reading is all I’m saying.