3. Les valeurs contre les prix. L’art contemporain à l’épreuve du marché

Nathalie Heinich

Regards croisés sur l'économie, 2019, vol. n° 24, issue 1, 53-63

Abstract: While commercial success in art is regarded with suspicion, the latest generation of the contemporary art market has been characterized by a dramatic increase in prices and an overt financialization. Understanding this apparent contradiction requires a shift from reflecting on a singular ?value,? as determined by price, to reflecting on multiple ?values,? as expressed by value-judgements. Indeed, the increase in price of contemporary artworks reveals an axiological inconsistency with the modern paradigm that still determines much of the general public?s expectations.

Date: 2019
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