The Medium is the Market
Hal Foster: Business Art, 9 October 2008
“... made evident by the rise of high-return auctions, the most infamous being the 1973 sale of the Robert and Ethel Scull collection, which centred on Pop. Enraged artists saw none of the profits (with Hirst, in this respect, there has been a complete turnabout). After the recessionary 1970s, the anti-regulatory policies of Reagan and Thatcher promoted a new ... ”