Why wealth, storage and taxes drive art prices
Wendover Productions · Explainer · 23 min · 2021 · YouTube title: The Art Market is a Scam (And Rich People Run It)
Why it's here
Used to explain why contemporary art is expensive for money reasons rather than art reasons.
What it covers
A Wendover Productions video on how the art market works, arguing that prices are driven by wealth, storage and tax mechanics rather than artistic value.