'Don't fear recession—it could create the art market’s next revolution'

Jane Kallir, The Art Newspaper, April 14, 2023

A color photograph showing an elevated view of an auction room. An auctioneer stands at a podium before a room of seated individuals, oil paintings adorning a green-walled room with multiple chandeliers hanging down

A Sotheby’s sale in London in 1986; rising inflation in the 1970s led to art being viewed in the same way as traditional investment assets, and auction results as a market barometers. Photo: Marc Deville/ Gamma-Rapho via Getty Images

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Link: The Art Newspaper

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'Don't fear recession—it could create the art market’s next revolution'

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