The Orange Balloon Dog: Bubbles, Turmoil and Avarice in the Contemporary Art Market
Don Thompson
The Orange Balloon Dog: Bubbles, Turmoil and Avarice in the Contemporary Art Market
Don Thompson
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
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