Art and the Recession

Marilyn K. Yee/The New York Times

Roland Augustine, Tracy Williams and Chuck Close comment on how the economy is affecting the art world.  It is an interesting take on how the art market will change.

NY Times Discussion

Here is the related article:

This Summer Some Gallieries are Sweating

By DOROTHY SPEARS

Published: June 19, 2009

IT’S hard to believe that only nine months ago art dealers everywhere were still dreaming up plans for vast multinational expansions. Since September, however, the contemporary art market has careened from boom to bust. Nowhere has that reversal of fortune been more sharply felt than in New York, whose galleries represent the full spectrum of the art world’s pecking order.

Full Article Here