The Price of Art

Paper Summary:

There are almost as many ways to argue that the price of a work of art does not necessarily reflect its aesthetic value, as there are artists and buyers, market forces and market constraints. Having said that, however, the paper shows that there are also significant and variable forces determining the prices of art; a short listing of just some of these and their probable effects in this paper make it clear that there can almost never, in fact, be a perfect marriage between a work of art and its price.

Paper Outline:
Introduction
The Arab Factor
The Propaganda Factor
Post-, post-, post -modernism and the Price Point
Two Paths to Price/Aesthetic Disparity
Conclusion
Works Cited

From the Paper:

"Whether the government was attempting to prevent the item from leaving the country, the entire event-from the Sheikh's purchase and subsequent hoarding, to the government's art/antiquities market manipulation via legalistic means, at best, certainly would indicate that the price of this object, at least, can have little to do with its aesthetic value, but speaks more to national pride and pride of ownership. (One has not even considered either the ethics of the government in seeking to use its power in the art/antiquities market in this way, or of the Sheikh for using his own trump card-the ability to warehouse such pricey objects with no discernible harm to him.)"

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