Warhol: The Bellwether of the Art Market

The Economist has just released a nice photo slideshow looking back at the transformative work of Andy Warhol. In five quick minutes, Sarah Thornton (the co-author of The Economist’s new report on the art market) gives you a quick feel for how Warhol changed the contemporary art scene, the role of the artist, and the size/mechanics of the lucrative art market. In 2007, at the height of the art boom, Warhol remained the highest grossing artist at auction, a testament to his lasting influence on the art world. Thanks Chris for the tip!

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