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Artist Profit-Sharing: Another Example of How California Is Like Europe
Photo: furnstein How is California more like Europe than the United States? We can think of a few ways, but one of the most interesting involves the rights of artists. As this recent New York Times...
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The World’s Most Expensive Photograph
(Hemera) A photograph of a river, some grass, and sky was auctioned at Christie’s in New York last week for a record-setting $4,338,500 to an unknown buyer. “Rhein II,” created in 1999 by German artist...
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Artist Resale Royalties: Do They Help or Hurt?
George Condo's The Apparition. (Photo: Andrew Russeth) In America, it’s sometime said, all big trends start in California. That’s true for great things like hot tubs, the iPod, and Pinkberry. It’s...
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The Unequal Couple
(Photo: Kunstpalast Duesseldorf) Lucas Cranach the Elder’s painting The Unequal Couple (Old Man in Love) illustrates exchange in the marriage market. An unusually looks-challenged old man, holding a...
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Question of the Day: Does a Lack of Exposure to the Arts Lead to Disaster?
(Photo: Eric Parker) A reader named Matt Radcliffe writes: I’ve been working on a project concerning musical theater performance. I have a hypothesis which seems intuitive enough to me — that a lack of...
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More Demand, More Paintings
(Photo: Alexis Zegers) A sign on the wall at an exhibit of René Magritte paintings noted, “Magritte repeatedly painted variants of his subjects, mostly to satisfy demand in the art market.” Even...
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When Graffiti Strikes Back
We’ve written a few times about what we call reverse incentives: comedian and activist Dick Gregory‘s use of the N word; Planned Parenthood turning abortion protestors into a fund-raising scheme; and...
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Excerpt from The Knockoff Economy: Tweakonomics
Here is an excerpt from The Knockoff Economy: How Imitation Sparks Innovation, which has just been published by Oxford University Press. Over the next few weeks, we’ll be running 2 excerpts from the...
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Fear Thy Nature: A New Freakonomics Radio Podcast
Masked audience members lurk behind "Sleep No More" performer Matthew Oaks. (Photo: Yaniv Schulman) What do you do when you experience something — an immersive, interactive theatrical performance, say...
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The Authors of The Knockoff Economy Answer Your Questions
We want to thank everyone for their questions — it’s great to see people responding to, critiquing and, in some cases, tweaking, the ideas we set out in The Knockoff Economy. We are fascinated by the...
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When a Fake Banksy Is a Real Banksy
(Photo: Tim Fuller) Many news outlets this week carried the story that Banksy, the celebrated British street artist, had set up an innocuous-looking booth near Central Park that offered original signed...
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The Real Fake
(Photo: Kenneth Lyngaas) Last week, we described how the famed U.K. street artist Banksy had set up a stand in New York’s Central Park selling real Banksy pieces – stenciled figures spray-painted on...
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CSI: Art Edition
(Photo: John Morgan) Forensic scientist Nicholas Petraco, who analyzed ashes in our podcast “The Troubled Cremation of Stevie the Cat,” is currently embroiled in a debate about a Jackson Pollock...
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Fear Thy Nature: A Freakonomics Radio Rebroadcast
(Photo: Robin Roemer for Sleep No More) This week’s podcast is a rebroadcast of a show about human nature and circumstance, “Fear Thy Nature.” (You can subscribe to the podcast at iTunes, get the RSS...
View ArticleDoes Eccentricity Raise the Value of Art?
Artists may often be eccentric, but does eccentricity increase the worth of an artist’s work? That’s the question asked by psychologists Wijnand van Tilburg and Eric Igou in a new paper on...
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The Unequal Couple
(Photo: Kunstpalast Duesseldorf) Lucas Cranach the Elder’s painting The Unequal Couple (Old Man in Love) illustrates exchange in the marriage market. An unusually looks-challenged old man, holding a...
View ArticleClik here to view.
Question of the Day: Does a Lack of Exposure to the Arts Lead to Disaster?
(Photo: Eric Parker) A reader named Matt Radcliffe writes: I’ve been working on a project concerning musical theater performance. I have a hypothesis which seems intuitive enough to me — that a lack of...
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FREAK Shots: Business Cards of the Unemployed
The Cardsofchange website posts photos of revamped business cards sent in by the recently laid-off. The cards, most of which are marked up in pen or marker, reflect what each person has done since...
View ArticleIt Takes a Free Market to Build a Toaster
It takes a lot of people to manufacture even the simplest products, so making a household appliance on your own shouldn’t be expected to be easy. It may even be impossible. That’s what the artist...
View ArticleStat Candy
A new site by the Organization for Economic Co-Operation and Development presents statistics in an animated and interactive fashion. Similarly, Gapminder features eye-catching data images that capture...
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