Article 39SGP The Economics of Ridiculously Expensive Art

The Economics of Ridiculously Expensive Art

by
from from FEE on (#39SGP)
Story Image

From an economic point of view, art can be an investment. Although the research shows art investing has mixed results. Art also has what economists refer to as "psychic benefits." It is something to be enjoyed, experienced or flaunted, and this may be the key to the high price paid for Salvator Mundi.

External Content
Source RSS or Atom Feed
Feed Location http://feeds.fee.org/FEE-Freeman
Feed Title from FEE
Feed Link https://fee.org/articles/
Reply 0 comments