Art of the Deal: Contemporary Art in a Global Financial Market

Author:   Noah Horowitz ,  Noah Horowitz
Publisher:   Princeton University Press
Edition:   Revised edition
ISBN:  

9780691157887


Pages:   400
Publication Date:   31 August 2014
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Art of the Deal: Contemporary Art in a Global Financial Market


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Overview

Art today is defined by its relationship to money as never before. Prices have been driven to unprecedented heights, conventional boundaries within the art world have collapsed, and artists think ever more strategically about how to advance their careers. Art is no longer simply made, but packaged, sold, and branded. In Art of the Deal, Noah Horowitz exposes the inner workings of the contemporary art market, explaining how this unique economy came to be, how it works, and where it's headed. In a new postscript, Horowitz reflects on the evolution of the trade since the book's original release in 2011, shining light on the market's continued ascent as well as its most urgent challenges.

Full Product Details

Author:   Noah Horowitz ,  Noah Horowitz
Publisher:   Princeton University Press
Imprint:   Princeton University Press
Edition:   Revised edition
Dimensions:   Width: 15.20cm , Height: 2.30cm , Length: 23.50cm
Weight:   0.765kg
ISBN:  

9780691157887


ISBN 10:   069115788
Pages:   400
Publication Date:   31 August 2014
Audience:   College/higher education ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.
Language:   English

Table of Contents

List of Illustrations xi Preface xiii Acknowledgments xix Notes on Sources xxi Introduction 1 Chapter 1: Video Art 26 Chapter 2: Experiential Art 87 Chapter 3: Art Investment Funds 143 Conclusion 188 Postscript to the Paperback Edition 215 Appendix A: Record Prices for Video Art at Auction, December 2009 229 Appendix B: The Film and Video Collections of Tate and the Whitney Museum of American Art 232 Appendix C: Art Investment Fund Universe 271 Notes 295 Selected Bibliography 347 Index 365

Reviews

Art of the Deal is a crucial book on art and finance. -- Blake Gopnik Daily Beast [T]he precision and lucidity with which Mr. Horowitz describes the commercialization of art should garner appeal for his book across a broad swath of market participants. For the rest of us, it is an enjoyable glimpse into the opaque corners of the art community. -- Benjamin R. Mandel Journal of Cultural Economics Horowitz has provided readers with a very thorough and wide-ranging analysis of the contemporary art market that brings an unprecedented complexity to this discussion. His synthesis of the literature on the topic is sophisticated yet lucid and the book is exceptionally well researched, supported by countless citations. -- John Zarobell Tabula Quarterly I thoroughly enjoyed this critical account of the global contemporary art economy; Noah Horowitz has a real understanding of the inner workings of the market. The fact that he chose to focus on video and experiential art renders his account unique and gives even the seasoned reader interesting insights. I appreciated his analysis of the markets for these practices, which is unusual in this sort of literature. -- Thaddaeus Ropac Art Newspaper


Art of the Deal is a crucial book on art and finance. --Blake Gopnik, Daily Beast [T]he precision and lucidity with which Mr. Horowitz describes the commercialization of art should garner appeal for his book across a broad swath of market participants. For the rest of us, it is an enjoyable glimpse into the opaque corners of the art community. --Benjamin R. Mandel, Journal of Cultural Economics Horowitz has provided readers with a very thorough and wide-ranging analysis of the contemporary art market that brings an unprecedented complexity to this discussion. His synthesis of the literature on the topic is sophisticated yet lucid and the book is exceptionally well researched, supported by countless citations. --John Zarobell, Tabula Quarterly I thoroughly enjoyed this critical account of the global contemporary art economy; Noah Horowitz has a real understanding of the inner workings of the market. The fact that he chose to focus on video and experiential art renders his account unique and gives even the seasoned reader interesting insights. I appreciated his analysis of the markets for these practices, which is unusual in this sort of literature. --Thaddaeus Ropac, Art Newspaper


Author Information

Noah Horowitz holds a PhD in art history from the Courtauld Institute of Art, London. He currently lives in New York, where he is a member of the faculty of the Sotheby's Institute of Art and executive director of The Armory Show.

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