{"product_id":"the-economics-of-american-art-issues-artists-and-market-institutions","title":"The Economics of American Art: Issues  Artists and Market Institutions","description":"\u003cp\u003eThe rapidly changing and evolving art market might appear to be chaotic to the casual observer  with new highs  potential lows  and tastes and fashions changing season to season. Economists  however  view the actions of buyers and sellers as constituting an identifiable market. They have  for some decades  studied such issues as artistic productivity and \"death effects\" on prices  investment returns  and on the basis of the behavior and estimated prices in auction markets.  The Economics of American Art analyzes the most pervasive economic issues facing the art world  applied to the whole spectrum of American art. The book begins by looking at how a market for American art developed  how the politics of the post-war era shaped  at least in large part  the direction of American art  and how this legacy continues into contemporary art today. The book then tackles several salient  integral questions animating the American art world: Are age and \"type\" of artist (i.e. traditional or \"innovative\") related and  if so  how might they be related to productivity? Is investment in American art a remunerative endeavor compared to other investment possibilities? Do economic insights provide understanding of fakes  fraud and theft of art  particularly American art  and is it possible to prevent art crime? Is there is a boom (or a bust) in the market for contemporary American art as might be found in other markets?  The ongoing evolution of American art is attended by a massive number of influences  and the economic concepts employed in this volume will complement other critical and important cultural studies of art. Both practical and accessible  The Economics of American Art will be essential for collectors  auction houses  American art experts of all kinds  museums  gallery owners and  not least  by economists with continuing scholarly interests in these matters.\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":44987188248629,"sku":"ByrdShop_0190657898","price":217.89,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780190657895.jpg?v=1770928369","url":"https:\/\/atxbooks.com\/products\/the-economics-of-american-art-issues-artists-and-market-institutions","provider":"ATX Books","version":"1.0","type":"link"}