The Curious Economics of Contemporary Art
by Don Thompson
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Ukrainian-American venture capitalist and angel investor
Recommended by 3 notable people, including Vinod Khosla and Linda Xie
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See customer reviews on Amazon →Recommended by 3 sources and appears in Art History, Finance, and Art.
Why would a smart New York investment banker pay $12 million for the decaying, stuffed carcass of a shark By what alchemy does Jackson Pollock's drip painting No. 5, 1948 sell for $140 millionIntriguing and entertaining, The $12 Million Stuffed Shark is a Freakonomics approach to the economics and psychology of the contemporary art world. Why wer...
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Recommended by 3 sources and appears in Art History, Finance, and Art.
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Consider The Undoing Project by Michael Lewis. Recommended by 15 sources.
“Michael Lewis chronicles the friendship and intellectual partnership of Daniel Kahneman and Amos Tversky, who championed the idea that cognitive biases shape our choices. The narrative reads like a buddy story, weaving their discoveries into personal anecdotes and the drama of their collaboration. You'll grasp key ideas—loss aversion, framing—through their story, but the book focuses on biography, not application. Helpful for understanding behavioral economics' origins; less useful if you want actionable advice. The emotional arc of their relationship can overshadow the science.”
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