tag:blogger.com,1999:blog-9146215066182995239.post8182954552846240688..comments2024-03-27T22:25:44.006-05:00Comments on Ennyman's Territory: Back to the Age Old Question: What Is Art?Ed Newmanhttp://www.blogger.com/profile/12703797864648081829noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-9146215066182995239.post-75733608379746088712017-08-07T02:34:24.173-05:002017-08-07T02:34:24.173-05:00Interesting. Yes, the more money floating around t...Interesting. Yes, the more money floating around the higher people can bid up prices in the art auction scene. It would be nice for more of that money to filter down to the grass roots where most artists are fairly poor.<br />Ed Newmanhttps://www.blogger.com/profile/12703797864648081829noreply@blogger.comtag:blogger.com,1999:blog-9146215066182995239.post-42677467240121022702017-08-07T00:16:17.444-05:002017-08-07T00:16:17.444-05:00When some 2nd-grade-level scribbling sells for a m...When some 2nd-grade-level scribbling sells for a million dollars, it could well involve money-laundering.<br /><br />http://www.hopesandfears.com/hopes/culture/art/214699-guide-to-laundering-money-art <br /><br />"For those looking for a good money laundering scheme, you might want to consider becoming an art collector. Sure, art looks nice, but it’s also a great place for rich folks to park their money. The market is relatively stable and it’s pretty easy to avoid paying taxes on art with a few insider tricks and a good accountant.<br />The wealthy figured this out in a big way back in the 1980s, giving rise to ‘art stars’ valued in the millions. And with the increasing popularity and geographical scope of biennials and art fairs in the 1990s, rich people all over the world now have access to seas of multi-million dollar investments that can be rolled up and stored just about anywhere."<br />LEWagnerhttps://www.blogger.com/profile/12438484007896207869noreply@blogger.comtag:blogger.com,1999:blog-9146215066182995239.post-11047355276072471342017-08-06T08:46:37.261-05:002017-08-06T08:46:37.261-05:00Check out the Mental Floss page of quotes in respo...Check out the Mental Floss page of quotes in response to this question. <br />http://mentalfloss.com/article/57501/27-responses-question-what-artEd Newmanhttps://www.blogger.com/profile/12703797864648081829noreply@blogger.com