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date: 27 October 2021

p. 604. Money, markets, museumslocked

p. 604. Money, markets, museumslocked

  • Cynthia Freeland


‘Money, markets, museums’ explores relations among artistic, educational, civic, commercial, and spiritual values and the impact of corporations, groups, nations, and wealthy individuals upon the art market. Art and money interact in many institutions — in particular, museums. Museums preserve, collect, and educate the public and convey standards about art's value and quality, but changing patterns of funding have combined with the competing claims of ‘tribal’ groups to challenge the aims and values of art museums. However, museums are only a part of the current story of the art market, because wealthy collectors worldwide have greater buying power.

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