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Why Is Art So Damned Expensive? →
youmightfindyourself: “If I can’t sell something, I just double the price.” That’s what Ernst Beyeler, the great Swiss dealer who helped found Art Basel, reportedly said. Some people actually prefer to pay more than makes sense. Zelizer explains that, in all walks of life, we treat the biggest sums -differently, with special respect or even awe, than more-everyday money. “I think very often the...