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    The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art (Paperback) By (author) Don Thompson

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    DescriptionWhy would a smart New York investment banker pay twelve million dollars for the decaying, stuffed carcass of a shark? By what alchemy does Jackson Pollock's drip painting No.5 1948 sell for $140 million? 'The $12 Million Dollar Stuffed Shar'k is the first book to look at the economics of the modern art world, and the marketing strategies that power the market to produce such astronomical prices. Don Thompson talks to auction houses, dealers, and collectors to find out the source of Charles Saatchi's Midas touch, and how far a gallery like White Cube has contributed to Damien Hirst becoming one of the highest-earning artists in the world.

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  • Full bibliographic data for The $12 Million Stuffed Shark

    The $12 Million Stuffed Shark
    The Curious Economics of Contemporary Art
    Authors and contributors
    By (author) Don Thompson
    Physical properties
    Format: Paperback
    Number of pages: 304
    Width: 128 mm
    Height: 196 mm
    Thickness: 22 mm
    Weight: 281 g
    ISBN 13: 9781845134075
    ISBN 10: 1845134079

    BIC E4L: ART
    BIC subject category V2: KC
    Nielsen BookScan Product Class 3: T1.0
    BIC subject category V2: KCA, ABQ
    BISAC V2.8: ART000000
    Warengruppen-Systematik des deutschen Buchhandels: 27830
    DC22: 338.477
    Thema V1.0: KC, ABQ
    Illustrations note
    colour illustrations
    Aurum Press Ltd
    Imprint name
    Aurum Press Ltd
    Publication date
    18 March 2012
    Publication City/Country
    Author Information
    Don Thompson is an economist and professor of business who has taught at the LSE and Harvard Business School. He lives in Toronto.
    Review quote
    'If you read no other book about art in your life, read the one that's gripped me like a thriller for the past two days.' - Richard Morisson The Times 'This enthralling, revelation-rich trip through the "money game" of the art market brings an economist's eye - and a dry, sceptical wit- to its absurdities.' Independent 'Intriguing and readable' Sunday Express 'Don Thompson is an entertaining sceptic when it comes to contemporary art...a much-needed attempt to get to grips with the mysteries of the art market...Thompson's knowledge of markets and law is a convincing and informative read.' Art Review magazine