Art is really a lot like money

I don’t know if I find this idea convincing. I certainly find it attractive. If you know of someone who’s tried to argue this way before, or if you have holes to poke in the idea, please have at it. Art Is Like Money Art is an awful lot like money, but fundamentally incommensurate with …

Diamonds, Olive Oil, Champagne and Creativity

Idle thought: It’s not often that the basic value of something changes. There are bubbles and fads, like tulips, mortgage backed securities and snap bracelets. But it’s not often that big changes in the value of something we’ve had all along happen in the minds of whole societies. Champagne It happened with champagne in the …