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Paperback208 PagesSize: 234 x 153 mm
ISBN: 9781848222205Publication: October 27, 2017

Dark Side of the Boom

The Excesses of the Art Market in the 21st Century

Georgina Adam

£19.99 GBP

Available for preorder: this book will be shipped on its publication date of October 27, 2017

  • From the author of the bestselling Big Bucks: The Explosion of the Art Market in the 21st Century
  • This sequel volume focuses on the negative impact of the contemporary art market's rapid boom
  • A timely investigation into the excesses at the top of the art market in the wake of the Panama Papers revelations

Description

This book lifts the lid on some of the excesses that the 21st-century explosion of the contemporary art market
brought in its wake, notably at its very top end. The buying of art as an
investment, temptations to forgery, tax evasion, money laundering and pressure
to produce more and more art all form part of this story, as do issues over
authentication and the impact of the enhanced use of financial instruments on
art transactions.




Drawing on a series of revealing interviews with artists,
lawyers, dealers, law-enforcement agents, tax specialists and collectors, the
author charts the voracious commodification of artists and art objects, and
art's position in the clandestine puzzle of the highest echelons of global
capital. Adam's revelations appear even timelier in the wake of the Panama
Papers disclosures, for example incorporating examples of the way tax havens
have been used to stash art transactions – and ownership – away from public
scrutiny.




With the same captivating style of her bestselling Big Bucks: The Explosion of the Art Market in the 21st Century, Georgina Adam casts her judicious glance over a section of the art market whose controversies and intrigues will be of
eye-opening interest to both art-world players and observers.

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