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A behind-the-scenes look at a century of high art and high-stakes commerce, fluently narrated and spiced with backstage gossip. This captivating history brings to life the connoisseurs and market makers, artists and swindlers who have shaped our tastes and driven the price of masterpieces into the stratosphere. Photographs, caricatures, and pictures of famous paintings.
This book explores the organization of creative industries, including the visual and performing arts, movies, theater, sound recordings, and book publishing. In each, artistic inputs are combined with other, "humdrum" inputs. But the deals that bring these inputs together are inherently problematic: artists have strong views; the muse whispers erratically; and consumer approval remains highly uncertain until all costs have been incurred. To assemble, distribute, and store creative products, business firms are organized, some employing creative personnel on long-term contracts, others dealing with them as outside contractors; agents emerge as intermediaries, negotiating contracts and matching creative talents with employers. Firms in creative industries are either small-scale pickers that concentrate on the selection and development of new creative talents or large-scale promoters that undertake the packaging and widespread distribution of established creative goods. In some activities, such as the performing arts, creative ventures facing high fixed costs turn to nonprofit firms. To explain the logic of these arrangements, the author draws on the analytical resources of industrial economics and the theory of contracts. He addresses the winner-take-all character of many creative activities that brings wealth and renown to some artists while dooming others to frustration; why the "option" form of contract is so prevalent; and why even savvy producers get sucked into making "ten-ton turkeys," such as Heaven's Gate. However different their superficial organization and aesthetic properties, whether high or low in cultural ranking, creative industries share the same underlying organizational logic.
"A tale brimming over with secrets, betrayals and redemption. Burdick keeps readers riveted." -RT Book Reviews (4 Stars HOT) "Moving, surprising, and thought-provoking." -The Emerald City Book Review "Burdick brings the sights and sounds of the Paris of the Impressionists to life." -Historical Novel Society “A provocative tale of family secrets, betrayal, and the renewal of self-discovery.” -Heather Webb, author of Rodin's Lover "Girl in the Afternoon is a love story, a mystery, a tragedy, and a moving study of the human capacity to contain both reckless error and surprising redemption.” -Carrie Brown, author of The Stargazer's Sister Born into a wealthy Parisian family at the center of Belle Epoque society, 18-year-old Aimée Savaray dreams of becoming a respected painter in the male-dominated art world; and secretly, she also dreams of being loved by Henri, the boy her parents took in as a child and raised alongside her. But when Henri inexplicably disappears, in the midst of the Franco-Prussian war, the Savarays’ privileged lives begin to unravel. Heartbroken, Aimée tries to find him, but Henri doesn’t want to be found—and only one member of the family knows why. As Aimée seeks refuge in the art world, mentored by the Impressionist Édouard Manet, she unwittingly finds her way back to Henri. With so many years gone by and secrets buried, their eventual reunion unmasks the lies that once held the family together, but now threaten to tear them apart. A rich and opulent saga, Girl in the Afternoon brings the Impressionists to life in this portrait of scandal, fortune, and unrequited love.
An ambitious and revelatory investigation of the black female figure in modern art, tracing the legacy of Manet through to contemporary art This revelatory study investigates how changing modes of representing the black female figure were foundational to the development of modern art. Posing Modernity examines the legacy of Édouard Manet's Olympia (1863), arguing that this radical painting marked a fitfully evolving shift toward modernist portrayals of the black figure as an active participant in everyday life rather than as an exotic "other." Denise Murrell explores the little-known interfaces between the avant-gardists of nineteenth-century Paris and the post-abolition community of free black Parisians. She traces the impact of Manet's reconsideration of the black model into the twentieth century and across the Atlantic, where Henri Matisse visited Harlem jazz clubs and later produced transformative portraits of black dancers as icons of modern beauty. These and other works by the artist are set in dialogue with the urbane "New Negro" portraiture style with which Harlem Renaissance artists including Charles Alston and Laura Wheeler Waring defied racial stereotypes. The book concludes with a look at how Manet's and Matisse's depictions influenced Romare Bearden and continue to reverberate in the work of such global contemporary artists as Faith Ringgold, Aimé Mpane, Maud Sulter, and Mickalene Thomas, who draw on art history to explore its multiple voices. Featuring over 175 illustrations and profiles of several models, Posing Modernity illuminates long-obscured figures and proposes that a history of modernism cannot be complete until it examines the vital role of the black female muse within it. Published in association with the Miriam and Ira D. Wallach Art Gallery, Columbia University in the City of New York Exhibition Schedule: Miriam and Ira D. Wallach Art Gallery, Columbia University, New York (10/24/18-02/10/19) Musée d'Orsay (03/25/19-07/14/19)
Manet and the Execution of Emperor Maximillian ISBN 0-87070-423-0 / 978-0-87070-423-9 Paperback, 7.5 x 9.25 in. / 120 pgs / 35 color and 45 b&w. / U.S. $29.95 CDN $36.00 November / Nonfiction and Criticism
In this utterly immersive volume, Mike Wallace captures the swings of prosperity and downturn, from the 1898 skyscraper-driven boom to the Bankers' Panic of 1907, the labor upheaval, and violent repression during and after the First World War. Here is New York on a whole new scale, moving from national to global prominence -- an urban dynamo driven by restless ambition, boundless energy, immigrant dreams, and Wall Street greed. Within the first two decades of the twentieth century, a newly consolidated New York grew exponentially. The city exploded into the air, with skyscrapers jostling for prominence, and dove deep into the bedrock where massive underground networks of subways, water pipes, and electrical conduits sprawled beneath the city to serve a surging population of New Yorkers from all walks of life. New York was transformed in these two decades as the world's second-largest city and now its financial capital, thriving and sustained by the city's seemingly unlimited potential. Wallace's new book matches its predecessor in pure page-turning appeal and takes America's greatest city to new heights.
An original and cutting commentary on the bad side of the good life.
Foreign Currency Volatility and the Market for French Modernist Art examines how the collapse of the French franc in the decades following the First World War impacted the supply and demand dynamics of the market for French modernist art.
The great processes reshaping our world today can be summed up by the term "globalisation". Together with the communications revolution and massive urbanisation, it is reshaping theorganisation of global space. It is illustrated by technological change, pronounced economic growth, the dominance of giant corporations, ever more open markets and universal consumption. Dramatic developments have occurred in Asia-Pacific trade, investment, labour movements and political cooperation, marked for example by APEC, a giant free-trade area designed to encompass about 60% of the world's population and half the world's economy.
The rapidly changing and evolving art market might appear to be chaotic to the casual observer, with new highs, potential lows, and tastes and fashions changing season to season. Economists, however, view the actions of buyers and sellers as constituting an identifiable market. They have, for some decades, studied such issues as artistic productivity and "death effects" on prices, investment returns, and on the basis of the behavior and estimated prices in auction markets. The Economics of American Art analyzes the most pervasive economic issues facing the art world, applied to the whole spectrum of American art. The book begins by looking at how a market for American art developed, how the politics of the post-war era shaped, at least in large part, the direction of American art, and how this legacy continues into contemporary art today. The book then tackles several salient, integral questions animating the American art world: Are age and "type" of artist (i.e. traditional or "innovative") related and, if so, how might they be related to productivity? Is investment in American art a remunerative endeavor compared to other investment possibilities? Do economic insights provide understanding of fakes, fraud and theft of art, particularly American art, and is it possible to prevent art crime? Is there is a boom (or a bust) in the market for contemporary American art as might be found in other markets? The ongoing evolution of American art is attended by a massive number of influences, and the economic concepts employed in this volume will complement other critical and important cultural studies of art. Both practical and accessible, The Economics of American Art will be essential for collectors, auction houses, American art experts of all kinds, museums, gallery owners and, not least, by economists with continuing scholarly interests in these matters.