Tag: Art market

  • Art Activity but No Art Business

    This text is the third of three that reviews the first World Art Market Conference, held in 1976. Read the first and second reports.

    First World Art Market Conference
    Friday and Saturday, October 29–30, 1976
    New School of Social Research, New York

    Artworkers News also covered the Art Market Conference. Its report [from Gerald Marzorati] featured other speakers and issues, while showing that what seems witty to one reporter may appear distraught to another—although a bounder is still a bounder.

    Speakers: Milton Esterow, Thomas Hoving, Thomas Messer, Clyde Newhouse, Leo Castelli, Ivan Karp, Ruth Braunstein, George LeMaistre, Rubin Gorewitz, Deborah Remington, Robert Indiana, and others

    “Works of art of course cannot be compared to stocks and bonds,” warned Milton Esterow as he opened the first day’s events.

    The keynote address, delivered by Thomas Hoving, director of the Metropolitan Museum of Art, bounded quickly across the history of museum art buying in the United States and settled on the future role of the art museum. According to Hoving, whose own museum has escaped the financial crunch plaguing art institutions in the 1970s (the Met budget showed a modest surplus this year), all is changing for the better. He foresees an emerging “technotronic era” which will not, as Orwell warned, snuff out creativity, but enhance it.

    “Our Western artistic manifestations will tend to diminish in importance, and we will begin to recognize a multiplicity of centers and styles,” he said, adding that the tastes of a few critics and a small group of curators won’t wield the power they do today. Hoving, whose cry for a larger art public and “museum without walls” seemed to leave many in the audience cold, concluded by predicting a greater role for art museums, proclaiming that art could become “the broadest and most powerful communicator” in history.

    His exuberant optimism was countered later in the day by the somewhat distraught remarks of Thomas Messer, director of the Guggenheim Museum, who noted that if the economy remains in its present condition, museums might have to forego collecting and concentrate their energies on conservation. “Museum directors may well be institutionalized dealers in the future, trading and deaccessioning to get new works and funds,” Messer said. He has guided all buying and selling at the Guggenheim since the early ’60s and promised to remain “an activist,” seeking services and funds from all available sources.

    For the remainder of the opening-day session, two panels discussed specifics of the art market. Though all the dealers agreed that the boom in art buying of the 1960s is over, most hastened to add that the present mood of the market is a healthy one. Members of the panel, who collectively make up what one reporter termed “the sheiks of the oil-on-canvas market,” emphasized the importance of the quality dealer (usually pointing to each other), the seller with a good reputation, and the importance of the dealer to the history of art. “Every great collection has been formed by a dealer,” boasted Clyde Newhouse, president of the Art Dealers Association and third-generation gallery owner.

    “They’re a monopoly—it’s that simple,” commented a young art consultant attending the conference as a reporter for Wall Street Weekly. “Price fixing is a given and 100 percent profits are commonplace.”

    At the afternoon panel, “What’s Happening in Contemporary Art,” discussion once again centered on the difference between the market of the 1960s and 1970s. “I’m pessimistic,” offered Leo Castelli, who amassed a fortune over the last decade through the sale of works by such contemporary heavyweights as Jasper Johns and Robert Rauschenberg. “There is art activity,” he added, ignoring the audience’s mock sympathy, “but no art business.”

    Ivan Karp, calling himself the only “downtown” gallery owner on the panel, accused fellow dealers of ignoring the surge of creativity among younger, lesser-known artists, whose work Karp claimed to spend “four hours a day” examining. The most outspoken member of the panel, Karp also denounced the auctioning of art (“the process distorts prices”), the role of critics, and the validity of the conference itself, since, in his words “there is no art market—my artists don’t sell a thing.” Karp, unlike many of his peers, didn’t reap a fortune in Abstract Expressionism and Pop art and therefore had no reason to bemoan the current scene.

    The four out-of-town dealers from Chicago, Dallas, Boston, and San Francisco made few comments, as talk centered on New York gossip. The one issue which finally involved the entire group stemmed from Castelli’s assertion that it remains “essential” for all artists who take their work seriously to come to Manhattan.

    “Nonsense. I just don’t believe that,” snapped Ruth Braunstein of San Francisco, who had drawn applause for noting the lack of women speakers. “If an artist feels he should be in New York, then he should be. If not, that’s fine too.”

    The audience seemed more interested in hot tips and inside information than discussion of trends and comparisons. “What’s the best buy in modern American Art?” read one question put to Castelli, who refused to respond to that and others he said could only be answered speculatively. Most dealers noted, however, that such advice is usually given to customers as part of the rationale for buying a particular work.

    “Let’s face it,” said a young Parsons art student working as an usher. “These characters paid a couple hundred bucks to learn how to make more. It’s no different from buying a scratch sheet at the racetrack.”

    The second day began with an address by George A. LeMaistre, director of the Federal Deposit Insurance Corporation. Outlining the expanding role of banks in the art market, he said most banks remain hesitant to loan money for purchasing art. He listed some ways bankers’ fears might be assuaged. For instance, one Chicago bank, rather than lending exclusively to collectors, extends credit to artists themselves, usually to sculptors for cost of materials.

    In the afternoon panel on artists’ rights, discussion, heated at times, focused on recent legislation in California guaranteeing artists a 5 percent royalty on work resold for over $1,000. Rubin Gorewitz, accountant and adviser to artists and art groups, said the law, which he helped draft, “will help the artist and help everyone else five times more.”

    Artist Deborah Remington doubted this, pointing out that there is no mechanism for enforcement. ‘‘I’d have to sue for my money,” she said, adding angrily, “It’s an elitist law anyway.” Only artists of great stature, “the Chagalls and Mirós,” would benefit, because only they have “secondary markets.” “Where we need help is when the artist is young and struggling,” Remington said, “not after he’s getting six figures.”

    Robert Indiana, who spoke little during the royalty law discussion, emphasized that the real issue is the status of the artist in America. “An artist is a nonperson, a nonentity—just look at a museum board and see if you can find an artist. They’re not even accepted by those in the art world.” Indiana also was critical of American copyright laws, which, he said, are the primary hazard for visual artists. “The copyright laws have been the tragedy of my own life,” he lamented, referring to his LOVE painting, which was reproduced in thousands of posters without his permission and without royalties.

    Both artists agreed that the country needs a federal “cabinet level” department of cultural affairs to give art a higher priority in the national life.

    In Terms Of count: unknown

    Source

    Written by Gerald Marzorati, this review appeared in Artworkers News 6, no. 7 (November 1976); and reprinted in Judy Seigel, ed., Mutiny and the Mainstream: Talk That Changed Art, 1975–1990 (New York: Midmarch Arts Press, 1992), 49–50. In Terms Of thanks Midmarch Arts Press for permission to republish this review.

  • Art Market Booming, Dealers Say

    This text is the second of three that reviews the first World Art Market Conference, held in 1976. Read the first and third reports.

    First World Art Market Conference
    Friday and Saturday, October 29–30, 1976
    New School of Social Research, New York

    Not only is art alive, it is thriving, was the assessment given by some of the nation’s foremost museum officials, art dealers, and artists to some four hundred persons at the first World Art Market Conference over the weekend. “Far from being less pertinent, the fine arts and the art museum will become more important,” Director Thomas P. F. Hoving of the Metropolitan Museum of Art declared.

    “If the art museum does harness the contemporary tools, techniques, and aesthetics of the very best aspects of communications, it can go beyond art education, art appreciation, and art history and can become the broadest and most powerful communicator in visual history,” Hoving continued. “This will most assuredly be the next great epoch of the art museum.

    However, Director Thomas Messer of the Guggenheim Museum said it will be possible only if museums get enough money to make acquisitions. They are made now, he added, mostly through borrowing, trading, and begging.

    One panel disagreed about the extent of artistic creativity, while another attributed the slump in the art market following the booming 1960s to a return to realistic prices. “I can say the market is on a solid trend now,” John Marlon, president of the prestigious Sotheby Parke Bernet auction house, reported at the New School for Social Research, which sponsored the conference with the ARTnewsletter periodical.

    Speaking of a surge of art interest in the South, dealer Louis Goldenberg, president of Wildenstein & Co., said he was “very, very surprised” at the growing number in the last half-year of private individuals’ buying art destined just for museums. “The market, the future for those museums, is absolutely enormous,” Clyde Newhouse, president of the Art Dealers Association of America, added.

    In another panel discussion, there was accord on New York City as the world’s art capital. But the prominent dealers who participated—among them New York’s Leo Castelli, Chicago’s Richard Gray, Houston’s Meredith Long, and Boston’s Portia Harcus—debated whether it was an art collecting center as well. “Where are the new collectors, then?” Castelli demanded. “Well, there aren’t any. They are mostly elsewhere.” Countered dealer André Emmerich of Manhattan and Zurich: “I think there still are collectors around, perhaps not as spectacularly as there once were.”

    As for new movements in art, Lawrence Rubin, codirector of M. Knoedler & Co., said, “It may very well be that the creation of art in the ’70s is slower, less dramatic.” It would not be the first time, he continued, that creation was at a pause. “The reason the ’70s look slower, it’s because they are slower,” Rubin said. Said Ruth Braunstein, director of San Francisco’s Quay Gallery, today’s artists “will emerge as strong a group as [those which] came out of the ’50s and ’60s.”

    Other panelists included artists Robert Indiana and Deborah Remington, plus George A. LeMaistre, director of the Federal Deposit Insurance Corporation (FDIC), who foresaw an expanding, profitable role for banks in financing art.

    In Terms Of count: unknown.

    Source

    Written by Malcolm N. Carter, “Art Market Booming, Dealers Say” was published in the Morning Record, a newspaper based in Meriden-Wallingford, Connecticut, on November 1, 1976. The article was distributed nationwide through the Associated Press and appeared in numerous other dailies with headlines such as “Experts Feel Art Thriving,” “Conference Concludes Art Is Alive and Thriving,” and “World Art Conference Paints Rosy Picture.”

  • Speculate in Art? Not Us!

    This text is the first of three that reviews the first World Art Market Conference, held in 1976. Read the second and third reports.

    First World Art Market Conference
    Friday and Saturday, October 29–30, 1976
    New School of Social Research, New York

    Rereading this report [from Lynden B. Miller] in 1990, the notion of a “Last World Art Market Conference” comes to mind—what to do while the value of your collection bottoms out. Of course all this took place at the onset of gold fever, when it did not do to admit, at least in public, that one might indeed “speculate in art.”

    Speakers: Thomas Hoving, Milton Esterow, Thomas Messer, Leo Castelli, Ivan Karp, Ruth Braunstein, others, dealers

    Billed as “The First World Art Market Conference,” coproduced by the New School and ARTnewsletter—a biweekly hot-tip dispenser that you can pick up for a mere $60 a year—the show was, as John Everett, president of the New School, said in his opening remarks, about the “business of art.” It appeared to be mostly a media event. The press was given the three front rows, fussed over with TLC. Some four hundred others, dealers, and collectors from around the country, and a few artists hoping to learn about “business,” paid $200 each to see and hear the superstars of the art market. Those expecting a clear view of the crystal ball—specific investment advice—were disappointed. But they got lots of encouragement and word that the art market is very good these days.

    After the “welcoming continental breakfast,” Everett told us there’s money “itching” to be spent in art. Next, Milton Esterow, publisher of ARTnewsletter and ARTnews, cosponsor, and comoderator, earnestly assured us that those who make money on art buy for aesthetic reasons only—that you can’t make money speculating on art. Then we got down to the serious business of trying to find out how to do just that.

    Keynote speaker Thomas Hoving, director of the Metropolitan Museum of Art, bounded onstage for a rapid-fire delivery of his optimistic view of the future of museums, now changing, he said, from passive displayers of art to active educators and conservators of art and culture (thus, not surprisingly, making a case for many of his own controversial changes at the Met).

    Then the august directors of such institutions as Wildenstein, Parke Bernet, and Christie’s sedately discussed trends in art-buying around the world, with an emphasis on pre-twentieth-century painting and sculpture and other art objects of increasing rarity, which, they agreed, will become even more expensive. Despite several years’ slump, it seems there is still a lot of money around for art, particularly in the US Southwest, Europe, and, more recently, Iran and the oil-producing countries. Esterow tried manfully to elicit some inside information on specific items or periods for investment, but to no avail.

    castellikarpwarhol
    The dealers Leo Castelli (left) and Ivan Karp (center) with Andy Warhol in 1966 (photograph by Sam Falk/New York Times)

    After lunch, Thomas Messer [of the Solomon R. Guggenheim Museum] spoke wittily of the museum director’s difficulties in maintaining the excellence of a collection without money, and his efforts to get same.

    The 2:30 PM panel discussion—with Leo Castelli, André Emmerich, Lawrence Rubin, and Ivan Karp of New York; Portia Harcus of Harcus-Krakow, Boston; Ruth Braunstein of Quay Gallery, San Francisco; Richard Gray of Gray Gallery, Chicago; and Meredith Long of Meredith Long & Co., Houston—was considerably livelier than the morning’s, and of greater interest to contemporary artists.

    Karp, in flame-red open-necked shirt and black leather jacket, a well-calculated contrast to the banker’s attire of his colleagues, began with a lament on the dearth of big-spending collectors while a wealth of exciting new art fails to sell, which brought howls of laughter and appreciation from the audience. Rubin, of Knoedler Gallery, and Emmerich said they found no exciting new art beating down their doors. There was also disagreement about the number of collectors, but it was clear from the discussion that there is a lot of money and art activity in what Castelli, with a wave of his hand toward the out-of-towners, referred to as “the provinces.” He said he himself is looking for “stars, not activity.”

    Ms. Braunstein noted that the New York dealers on the panel, except for Karp, are the “establishment,” so that perhaps little exciting new work comes to them. She said she finds much thrilling new work with new materials. She also asked Esterow why there were so few women participating, which drew applause from the audience, particularly the press section, which was predominantly female. Esterow was ready for that: “25 percent of art dealers are women; two out of eight panelists equals 25 percent.” (However he wasn’t quite so careful introducing the panel, having named first all the men in order down the table, and then the two women seated among them. It also bears noting that no woman artist was mentioned by name in the entire day, though Karp did use the phrase “his or her artistic temperament” to indicate that the artist is of two possible sexes.)

    The dealers seemed to agree that their major function is educational, as big sales are few and far between. All day there were pious protests from speakers that one would not, heaven forbid, speculate in art. Castelli finally reminded his fellow dealers that such folk do exist.

    The discussions would all have been more relevant and informative if moderators Esterow and Donald Goddard, managing editor of ARTnews, had asked better questions, or been more alert and articulate, or allowed some exchange with the audience. Nevertheless, Castelli’s reminiscences of the ’60s, when he was a kingmaker, were colorful; Rubin’s and Emmerich’s snobbery was piquant; Karp was hilarious, irreverent, and delightful, as when describing the “Hirshhorn Waltz”—an embrace from Mr. H. at the conclusion of a bargaining session. (All agreed that Joseph Hirshhorn was a keen bargainer.)

    What did the audience, exceeding in numbers [greater than] the sponsors’ fondest hopes, get for their tax-deductible $200? A simulated leather portfolio, suitably inscribed, crammed with promotional material for the New School and Parsons (now part of the New School), literature about New York City museums, advance copies of ARTnews, and, of course, ARTnewsletter, which, begun one year ago, circulates to one thousand dealers and collectors. A catered buffet, where perhaps the concrete information about investments and the market not coughed up by panelists and speakers was exchanged off the record. And a glimpse of the movers and shakers of the art market world.

    What did the sponsors get? $80,000 less costs. A lot of promotion with collectors and dealers, and, potentially, in forty-three organs of the press. Confirmation that there is indeed a lot of money “itching” to be spent on art, although perhaps not much in New York as there used to be. And proof that there are a lot of people itching to make money off the people making money off art.

    In Terms Of count: unknown.

    Source

    Written by Lynden B. Miller, “Speculate in Art? Not Us!” was originally published as “Art Business at the New School: World Art Market Conference” in Women Artists Newsletter 2, no. 7 (January 1977): 1, 4; and reprinted in Judy Seigel, ed., Mutiny and the Mainstream: Talk That Changed Art, 1975–1990 (New York: Midmarch Arts Press, 1992), 47–48. In Terms Of thanks Midmarch Arts Press for permission to republish this review.

  • What Price Art? A Market of Mirrors

    The paper [by Alexandra Anderson-Spivy] excerpted below, an explanation of how to “make a market in a living artist’s work,” was a highlight of the [What Price Art?”] conference. Further details appear in Ronald Feldman’s truth-in-jest advice later in the year.

    “What Price Art? A Market of Mirrors”
    Friday, April 26, 1985
    What Price Art? The Economics of Art: An Agenda for the Future
    New York University, Graduate School of Business Administration, New York

    The art world in the 1980s at Mr. Chow (photograph by Michael Halsband)
    The art world in 1985 at Mr. Chow (photograph by Michael Halsband)

    Art is a conveyer of status, a vocabulary of power. Men and women of wealth and influence, after they have acquired their money and power, need signs and symbols of their importance. Collecting art is often a way to gain entry into a desired social stratum….

    How do dealers “make a market” in a living artist’s work? With virtually any new painting commanding an entry gallery price of $1,200 to $2,550 (sculpture begins a bit higher), there are price thresholds that a new or unrecognized artist must break through as he or she goes up the ladder. Assuming the dealer truly believes in the quality of the work, he [sic] must publicize this belief through exhibitions, critical reviews, word-of-mouth….

    Dealers try to get their artists’ work seen by museum curators [and get] well-known, serious collectors to buy. Many galleries will only release works by certain artists to certain collectors, recognizing the Doppler effect of those collections. These collectors are also likely to be on museum boards and to encourage recognition of artists they favor at those institutions. Ten percent or 20 percent discounts [or more] off quoted prices to valued customers are common. (I have heard it rumored that some sales are made at up to 80 percent off quoted gallery prices.) Sales to museums at far-below-market prices will permit the dealer to jack up subsequent prices. The aura of market activity can also enhance an artist’s reputation and build market interest. There is a high risk-high reward factor…. Collectors respond to the idea of buying a hot young artist’s work at prices which will escalate rapidly. The idea of investing in contemporary art is rather new, and one which reputable dealers claim they do not use as a sales tool. But the media attention given such artists makes that kind of hard sell almost unnecessary, since speculation becomes a tacit factor in everyone’s mind.

    About three years ago, I noticed a brand new painting by Jean-Michel Basquiat hung in the loft of a famous artist. He said, “This time I wanted to get in at the beginning. I’m tired of seeing the collectors make all the profits.” In three years, Basquiat’s prices have risen precipitously. Sales to major collectors also build an artist’s image and thus allow his prices to rise. Once an artist’s reputation is established, the auction house may play a part. Sales at auction are not only important exposure … they publicly ratify prices. Dealers have been known to put up a work at auction and buy it back themselves simply to establish a price…. If works are “bought in” (i.e., do not reach their reserve price), a certain superficial credibility of price still remains to the public at large. However, savvy collectors who follow auctions closely may then consider a picture “burned,” thus making it harder to sell subsequently….

    Because the “value” of a new work is in fact so much a matter of opinion, those who wish to participate in the game soon discover that becoming an insider, i.e., having access to the informal as well as the formal network of information about the art, is crucial…. In the oddest way, works of art achieve value because certain individuals in certain sectors of the system decide they are valuable, but much of what goes on goes on behind the scenes…. An artist whose production is very small or who shuns the publicity machine [may not achieve] “brand name” status. [Yet] in the long run … mediocre pieces bring mediocre prices and great works bring ever-greater prices.

    warholbasquiatboxing
    Andy Warhol and Jean-Michel Basquiat (photograph by Michael Halsband)

    Another market factor is the “auction ring.” A group of dealers interested in the same material agree not to bid against one another, assigning one to bid unopposed. After the sale they reauction the things among themselves. [This] is strictly illegal. But, when done skillfully, it is almost impossible to uncover. Auctions have also been manipulated in another way. Dealers bid up prices of their own artists even if they themselves have to buy the work. Then they call claim the auction price as ratifier of prices in the gallery. Or it may be arranged in advance to have people (assigned to go up to a certain price) bid on a work, thus pushing up the price.

    In recent years, auction houses have attracted a much wider public, often competing with the dealer for the collector’s dollars, so that antagonisms between the two have surfaced. Large advertising budgets, increasing media publicity, glossy catalogues, and an aura of theatrical glamour attract high rollers to the auction rooms (recently refurbished) of Sotheby’s and Christie’s. [R]ecord-breaking prices are touted widely, while heavily bought-in sales are played down whenever possible. Auction houses have learned how to use the tools of modern marketing. Michael Thomas, a former investment banker, in a column about the forthcoming Sotheby’s sale of pictures owned by the late Florence Gould, [wrote that] “advance publicity would have us believe that the equivalent of the Jeu de Paume or the Phillips Collection are being disgorged at auction, but by and large … the pictures are pretty and accessible, just the kind of thing with which rich Arabs like to decorate their Home County mansions.”

    The combination of hype to create demand that takes advantage of ignorant, cash-heavy, status-hungry consumers of art is hardly a new one, though it may operate more widely and efficiently than in the days of Joseph Duveen and Bernard Berenson. Policies of full disclosure for critics, scholars, and curators (to reveal any vested interest in art they write about or curate) and for dealers and auction houses might go a long way towards correcting the abuses of the art market as we know it. Meanwhile, caveat emptor remains sound advice.

    In Terms Of count: 0.

    Source

    Written by Alexandra Anderson-Spivy, “What Price Art? A Market of Mirrors” was originally published within Cynthia Navaretta’s “Conference: What Price Art?” in Women Artists News 10, no. 4 (June 1985): 5; and reprinted in Judy Seigel, ed., Mutiny and the Mainstream: Talk That Changed Art, 1975–1990 (New York: Midmarch Arts Press, 1992), 237–38. In Terms Of thanks Midmarch Arts Press for permission to republish this review.

  • The Art Talk That Ate New York

    What Price Art? The Economics of Art: An Agenda for the Future
    Friday, April 26, 1985
    New York University, Graduate School of Business Administration, New York

    Another ’80s workshop on spinning art into gold—and as motley a collection of speakers as one could imagine, even on such a fey topic. As it happens, my community and I recently had dealings with one of them—the representative from the Port Authority—only instead of “Arts as an Industry,” she detailed why our historic district should be trashed for the benefit of the Port Authority. That report, with figures and measurements and citations, was, as we proved in court, a complete fiction, but it served the purposes of those receiving it and became fact. Such diddling is of course hardly news in city politics—or in business and real estate either, as we see increasingly in the papers these days. But in art? Let’s just say the figures here sound official, for what that’s worth, but don’t bet the farm.

    On the other hand, at least from my limited experience, Alexandra Anderson-Spivy’s rundown on the workings of the art market can be taken as a marvel of acute reporting. That is, you’ll love it—and relish the hindsight.

    Cochairs: Kenneth Friedman, publisher of The Art Economist; and Oscar Ornati, professor of management, New York University

    Speakers: Noel Steinberger, Rosemary Scanlon, William Baumol, Michael Montias, A. D. Coleman, Dick Higgins, Ed McGuire, Martin Ackerman, Marshall Kogan, Alexandra Anderson-Spivy, and John Czepiel

    Cynthia Navaretta, “Conference: What Price Art?” Women Artists News 10, no. 4 (June 1985): 4.

    Titled “What Price Art,” and provocatively subtitled “The Economics of Art: An Agenda for the Future,” the conference promised to explore the economics of the visual arts market, with practical details on costs and price structure provided by “national experts in economics, finance, law, public policy, art and journalism.”

    Noel Steinberger, vice president of marketing at Sotheby’s, the world’s oldest auction firm, identified key players in the art game as the media, banks, auction houses, and galleries (notice omission of the artist).

    Rosemary Scanlon, a discussant and chief economist of the New York–New Jersey Port Authority, described her recent study, The Arts as an Industry, made to determine value and economic impact of cultural industries (including theater, dance, music, film, television, and visitors to New York City, but not the city’s art sales or art inventory) on the metropolitan area. Her “conservative” estimate was $5.6 billion. Although hard data is lacking, worldwide transactions in the visual art market are estimated at over $25 billion annually.

    Scanlon’s presentation was followed by floor discussion of the art customer. The important role of the press was briefly touched on as “shaping tastes and spending habits.” Recent studies estimate the number of US art critics at over 2,500; Art in America has counted more than 2,600 critics among its own subscribers. Assuming an equal number might not read AiA could bring the total number of art critics to more than 5,000.

    Dr. William Baumol, professor of economics at Princeton University, and a collector himself, described the art market as an “imperfect market,” i.e., not behaving in a predictable manner, as financial markets sometimes do not. Therefore, he said, “there is no rational way to assign value or to invest” (except, of course, on an aesthetic level). Price information, he said, is beside the point. An unidentified speaker contradicted him on that claim, asserting that price information is “needed for literacy and curiosity.” Baumol added that “the elasticity of supply” is zero for deceased artists and “the holder of a single piece of art has a monopoly on that item,” so the supply of art is fixed.

    Michael Montias, professor of economics at Yale University, rejected the inelasticity theory, claiming existence of a “large supply of paintings on walls, in attics, and museum basements.” New interests (and rising prices) in specific periods cause hitherto unknown works to surface.

    Cynthia Navaretta, “Conference: What Price Art?” Women Artists News 10, no. 4 (June 1985): 5.

    A. D. Coleman, photography critic, added that values change, using as example that van Gogh’s painting (auctioned the previous evening for $9.9 million) was no longer what van Gogh had painted; it has since been certified as a work of art.

    Dick Higgins, writer and artist, noted that “art is one of the only commodities routinely produced at a loss.”

    Ed McGuire added, “The artist does not profit by art, galleries do, museums do, and the collector who uses it as a tax shelter does.”

    Then the topic of whether or not art business and art galleries are profitable, or doing better than in previous years, was tossed around for a while. The editor of City Business quoted a dealer as saying, “A good dealer is one who breaks even and puts in his basement what he thinks will increase in value.” The director of the Berry-Hill Gallery dismissed this as nonsense, saying “any serious gallery” does very well financially.

    Martin Ackerman, attorney, addressed tax policies and changes in tax law by which the Internal Revenue Code says, in effect, that “in death the work of an artist is valued at appreciated retail value, but in life it is valued at the cost of material. This, obviously, has caused artists and their estates to liquidate or even destroy large portions of their work to avoid these unwarranted and unfair tax burdens.”

    With allowable tax deductions for donations of art restricted to “adjusted costs,” museums report drastic reductions in gifts from artists. The Whitney received 142 works in 1969 and 17 (of which 13 were prints) in 1970; MoMA received 47 in 1969, none in 1970. Although art collectors have not yet lost the privilege of this contribution, they frequently encounter hostile questioning by the IRS as to “fair market value.” (Ackerman believes this stems from a probably well-founded IRS belief that all contributions are overvalued.)

    Marshall Cogan, chief executive officer of GFI/Knoll Industries and noted collector, mentioned the amazing growth in museum attendance since the ’70s. He also pointed out that 875,000 people earned over one million dollars in 1985, suggesting that, as income rises, the value of art rises too. Cogan’s recommendation to collectors was to buy “the most extraordinary piece of work available.” He saw a decline in good works of art, attributing current “extreme increases in price” to this scarcity.

    John Czepiel, associate professor of marketing at New York University, quoted something he had read: “It ain’t art unless you have the urge to possess it.”

    Kenneth Friedman, cochair of the conference, summed up: “The art market is poised on the edge of profound change. This is a market moving from its cottage industry phase into something radically different. All other factors in the economy being equal, I predict that the dollar volume of the art market will increase at a rate far better than inflation during the next decade. If this is so, we’re going to need—and we’re going to see—studies in everything from client service by art dealers to credit financing for consumers, from information services, to investment opportunities in the art industry.”

    Perhaps, however, the clearest indicator of art’s new financial status is simply this conference itself. New York University’s School of Business hosted a conference on “art.” Footing all bills, it invited press, dealers, consultants, lawyers, collectors, and bankers to attend as its guests—but no artists.

    In Terms Of count: unknown.

    Source

    Written by Cynthia Navaretta, “The Art Talk That Ate New York” was originally published as “Conference: What Price Art?” in Women Artists News 10, no. 4 (June 1985): 4–5; and reprinted in Judy Seigel, ed., Mutiny and the Mainstream: Talk That Changed Art, 1975–1990 (New York: Midmarch Arts Press, 1992), 236–37. In Terms Of thanks Midmarch Arts Press for permission to republish this review.

  • Hitting Rock Bottom

    From the Bottom Up: Rethinking Art Galleries in a Commodity- and Event-Dominated Ecosystem
    Friday, March 7, 2014
    Armory Show, Open Forum, New York, NY

    “Welcome to the Armory Show TED Talks,” joked Christian Viveros-Fauné, a New York–based art critic who was the moderator of today’s panel. He said that everyone onstage for “From the Bottom Up: Rethinking Art Galleries in a Commodity and Event Dominated Ecosystem” is or was involved in exhibiting in a gallery situation or with an art fair, except for Georgina Adam, a columnist for the Financial Times and BBC.com and an editor-at-large for the Art Newspaper.[1] If only the panel had been, like a TED Talk, uplifting and inspirational. When the dust settled, the speakers neither established a historical assessment of the art fair’s ascendance over the past twenty years, nor did they interrogate—and I choose this word purposefully because of Viveros-Fauné recent cynical, under researched rants—the perceived state of the art market and art world.[2] While I recognize the panelists witnessed the rise of the art fair firsthand, their recollections of the recent past were grounded in anecdote, hearsay, and received wisdom.

    History of Art Fairs

    In 1970 art fairs took place in Cologne, Basel, and Antwerp, Viveros-Fauné claimed. By Viveros-Fauné’s count, 55 art fairs were held in 2001, 68 in 2005, 189 in 2011, and 300 in 2014. Galleries, which he said now number about 300,000 worldwide, need the art fair to sell work. I wondered where these figures came from and how a “gallery” is defined. The first Art Basel Miami Beach would have been held in December 2001, Viveros-Fauné recalled, but it was canceled because of September 11–related complications. An upstart group called Fast Forward couldn’t afford to back down that year and consequently hosted the “first” art fair in south Florida.[3] Viveros-Fauné and Kavi Gupta, director and owner of Kavi Gupta Gallery in Chicago and Berlin, participated in Fast Forward that year. “It grew exponentially overnight,” Gupta remarked. Collectors back then, he noted, were more enthused about finding new art than in securing investments. Adam said that she attended her first Miami art-fair week in 2003, watching from the sidelines as a reporter. The art-market boom, when collectors ran like greyhounds to the hot booths immediately after the fair gates opened to meet their prearranged five-minute reserve, took place through 2007. The Great Recession curtailed this heated contest, temporarily.

    Golden Years

    Viveros-Fauné asked the panelists to talk about those golden years. Darren Flook, cofounder of the Independent Art Fair and formerly director of HOTEL, a gallery he operated with Christabel Stewart, made his first appearance at Zoo Art Fair in 2004. His London gallery, located in a first-floor apartment, was visited only by other artists and magazine people. He did not meet collectors with cash until he showed at Zoo: “We didn’t know those kinds of people—doctors in Cologne, [various types of professionals] in Los Angeles—that didn’t come to East London.” Carlos Durán, the director and owner of Galeria Senda and a cofounder of LOOP, a fair for video art, entered the art world in Barcelona in 1992. His gallery eventually moved into the German and French art-fair circuit. “I’ve been watching this monster grow,” he said. “I’m part of the monster[’s] … foot.” The joke fell flat footed.

    The growth of art fairs has been rapid and marvelous over the first decade of the twenty-first century. Viveros-Fauné described the bidding wars over works of art, with people shouting higher prices over other people’s shoulders. “It was ridiculous—but it felt good at the time,” he said as he reminisced about his past life as an art dealer for Roebling Hall. He turned to Gupta and asked, “When did the idea for Volta come on?” After doing his first NADA fair, the Chicagoan replied. (They are talking about Volta in Basel, founded in 2005, not the New York event, first held in 2008. Volta in both cities focus on solo and two-person booths.) Gupta felt he was filling a need for galleries that were doing important things but hadn’t flagged the attention of patrons and museums. Viveros-Fauné asked him to describe the environment for galleries. At the time, Gupta responded, there was no Frieze Art Fair, and Art Basel was very small—primarily New York galleries showed there. Apartment galleries were gaining traction and attention, he remembered, as well as young galleries in Chelsea, Los Angeles, and London.

    Despite this first-hand knowledge of recent history, Viveros-Fauné and his speakers did little to establish the basic facts or a straight chronology for art fairs, pulling counts of galleries and fairs from thin air. Perhaps an intrepid scholar will take up the task, connecting our current situation to the Parisian salons and Refusé exhibitions of the late nineteenth century and to the Salon and Gallery Cubists of the early twentieth.

    Helen Allen, the founder and principal of Allen/Cooper Enterprises and Site/109, grounded her observations in the 1990s, an era when [younger] galleries were getting locked out of the bigger fairs. The Armory Show was founded by dealers rejected by the Art Dealers Association of America’s annual Art Show. The process is cyclical, and everyone tells the same story. The received wisdom is that galleries prove their reliability by showing up at art fairs for three consecutive years for face time with collectors. The art-fair model resembles the farm system of professional baseball: dealers play in several tiers of minor leagues before hitting the majors. Flook shared his experience putting together the Independent Art Fair, which he founded with the New York dealer Elizabeth Dee in 2009. Their approach was stripped down: Independent got rid of the sales catalogue (with phone numbers for galleries), the VIP benefits, and the walled booths and worked backward. The focus was on exhibiting art, and people like the approach and format.

    Viveros-Fauné asked his panelists about sales. How do they look now compared to 2002 or 2003? Flook said he sold work at the fairs but not from the gallery’s physical location. But, he added, dealers who sold out their booth were “talking about a mystical city far away,” as if this kind of economic success were a myth. “An El Dorado,” replied Viveros-Fauné. “With bad food,” Flook continued. “Rice and beans,” topped the critic. I understood this exchange to mean that dealers inflate their business activity at art fairs—they fake it till they make it. Half of Durán’s sales in 2008 came from his gallery, he said, and the other half from fairs. Now the percentage is 85/15—the fairs dominate. He mysteriously thinks this tendency will change, or he hopes it will change. Regardless, Durán has become more selective about the fairs he participates in, and further hones his program. Adam believes that art fairs should serve the dealer but that dealers cannot sustain the rigorous schedule of international events. “I’ve been told that galleries are pulling back,” she said. Flook knew that New York didn’t need another art fair but felt he had something to add to the dialogue. Allen pointed out the obvious: artists are pressured to produce work for fairs—gasp!

    Brick and Mortar Spaces

    Are we in the twilight of the brick-and-mortar gallery? Not yet. Allen confirmed that art fairs don’t accept exhibitors that don’t maintain a physical space. Flook argued that galleries are social, conversational, and idea-charged spaces that foreground the “placement of certain objects by individuals,” or something like that. When pressed by Viveros-Fauné, Flook said that the Independent would accept a group without a gallery as long as that group had a social structure, whether online or off, that generated dialogue.

    At fairs, art is seen for four days, or as a JPEG, Viveros-Fauné disclosed, before it enters the collector’s castle. He wondered where if dialogue is happening there. As a journalist, Adam doesn’t write about art fairs, whose crowded booth format and brief encounters with objects “put enormous demands on viewers.” Perhaps she hasn’t been to Chelsea lately, where visitors may spend all of two minutes viewing a show before strolling to the next gallery. The most important aspect of fairs, she concluded, is a dealer choosing to represent an artist shown by another dealer. Unpacking this echo chamber of consensus would take some time. Flook made an asinine claim that “art is an expensive product no one really needs,” taking an incredibly narrow view of art.

    Most people would agree that art fairs are hamster wheels—so much energy is expended for so little yield. Someone brought up an article by Adam Gopnik—actually written by his brother Blake—that quoted the former art dealer Nicole Klagsbrun: “stop it.”[4] What can the lovers and sellers of art do? Allen described friends who are closing their gallery to start a residency (and also placing their artists with other galleries). Artists are getting into museum shows as a result. Flook witnessed the spectacular bust of a gallery (what it his own?). But with “a certain affection for empty buildings,” he cannot help but to fantasize about their potential when looking through the windows of them when walking by them. He pondered aloud about running a business without making money. “I wish,” fawned Viveros-Fauné wistfully, “there were more of you.”

    Financial Speculation

    Allen commented (again) on the love of art versus buying for investment, but there is money to be made and attention to seek. Art magazines have advertisements from not only galleries but also “BMW commercials and fashion commodity,” she said. Publications, however, have accepted publicity dollars from nonart business for decades. Viveros-Fauné affirmed Allen’s notion of art as financial instrument, finding a correlation between the financial and art worlds, which is “the huge, massive elephant” in the room. Adam linked luxury goods such as haute couture to the top end of the art market, where “there you’ve got commodification—there’s no doubt. The question is how you deal with it.” Viveros-Fauné also cited a rise in art crime as an indication of pecuniary worth, without providing police reports. Adam noted an increase in art litigation. Viveros-Fauné said that the public looks at us [who?] as the 1 percent, no matter how wonderful everyone on the panel is. Speculation has been an art-world subject for over sixty years—if not longer—and the panelists talk about it as if it were something new.

    The panel has identified the problematic areas—really!—and then discussed the changes that must be made. A recent Huffington Post article “paints a really bleak picture,” Viveros-Fauné cried. We complain about a model that works, Gupta said. What about a return to art for art’s sake? “I don’t know,” Gupta conceded. Viveros-Fauné demanded that art should not be sold to speculators or to people younger than thirty-five years of age. What a meanie he is, with all those rules!

    Durán said there are significant issues with big galleries, when an artist’s career rises. Viveros-Fauné wondered what happens to the middle tier, as if he was a politician wooing middle-class votes. Allen said that middle-tier galleries close when bigger galleries poach their artists. What happens, she asked, when artists are asked to represent a country [in an international biennial]? Can a small or mid-sized gallery come up with $300,000 to fund the project? I wonder why an invitation to exhibit in a major international showcase doesn’t come with funding for the artist, or if artists at such a high level must still work for exposure.

    In many businesses in America, people change jobs regularly. Say I work for a company for five years and get a better offer for my services somewhere else. Do I take that job, which has more money and better opportunities? Why is it an ethical issue when an artist jumps ship? Does employment by art galleries offer the same kind of job security and opportunities for promotion that a corporation does? When you think about it, have artists ever been company or union men? Flook said job-hopping happens so quickly, so often, and that younger artists just don’t understand why some old guy would have a moral or ethical issue with this. Artists have a “corporation me” attitude that was unthinkable twenty years ago. Yet, Flook conceded, “You can’t really argue against it.” Applications for art fairs cost big bucks, which steer the odds toward the bigger gallery, which will win. Again, a myopic understanding of business world that pretty much anyone with a job is a part of fails because the art-world folks can’t see beyond their little sphere.

    A self-identified businessman and art collector in the audience said whether it was art or a cheeseburger, he wants “relative value” for his money. The art fair, he continued, is a remarkably inefficient way to acquire art—but didn’t explain why. He wants art and access to artists (I think), but he doesn’t want to run in and out of galleries. It seemed like collecting wasn’t exactly a leisure activity for him. Gupta said that fairs are filtering systems run by the people who spend time with art twenty-four/seven. But he also encouraged collectors to visit alternative and artist-run spaces. Keeping up with contemporary art takes a lot of time.

    Possible Solutions (Again)

    Flook wondered what success is and how do we measure it. Value self-corrects itself, he said. Okay. The artist Theaster Gates does marvelous things with money, Viveros-Fauné said, working on projects that don’t always produce objects for sale via Gupta’s gallery. It’s an interesting model for people to wrap their head around, he marveled, seemingly unaware of the rich history of dealers, gallerists, and curators, from Seth Siegelaub to Robert Nickas, who have long operated as art dealers without a gallery. Others, such as Virginia Dwan, John Gibson, and Howard Wise, have found a way to sell art made outside, and can’t be presented in, the white cube. Progressive minds in the early 1970s were predicting the end of brick-and-mortar spaces, yet today’s dealers continue to marvel at the potential of the idea.[5] I am not suggesting that an art dealer needs to know the history of the business, but commercial art galleries are not terribly old—one hundred years or so, right? The historical amnesia exhibited by the panelists was astounding.

    Durán said Brazilian galleries are sharing costs instead competing against each other. Perhaps galleries can run careers like the music industry, he offered, presumably like agents and managers instead of record companies, whose twentieth-century business models have floundered over the past fifteen years. In a conservative move, Durán suggested people become antiglobal and get back to their roots, cultivating audiences for your shows, returning to the good old days of slow culture that had disappeared with the rise of the art-fair monster. Allen mumbled something about travel, the internet, phones, always being connected, and having to respond immediately. People today don’t experience experiences in person: “They’re looking at sunsets through the Instagram app,” she astutely and stunningly observed. Flook countered by saying that, in his personal survey, people won’t pay for songs and films but will shell out $200 for a live show. Or $40 for an art fair, which is this year’s admission for the Armory Show.

    In Terms Of count: 3.


    [1] The panel was presented by an organization called Talking Galleries, the International Platform for Gallerists.

    [2] See, for example, Christian Viveros-Fauné, “How Uptown Money Kills Downtown Art,” Village Voice, February 6, 2013; and “Art’s Big, Dirty Secret,” Village Voice, January 1, 2014.

    [3] Fast Forward, Kavi Gupta and Viveros-Fauné claimed, evolved into the New Art Dealers Association, or NADA.

    [4] Blake Gopnik, “Great Art Needs an Audience,” Art Newspaper, February 13, 2014. For more on Nicole Klagsbrun closing her gallery, see Charlotte Burns, “Nicole Klagsbrun to Close Gallery after 30 Years in the Business,” Art Newspaper, March 28, 2013.

    [5] The April 1971 issue of Arts magazine devoted its entire editorial content to galleries to describe their approach, strategies, and thoughts.

    Read

    Charlie Finch, “Survival Strategies,” Artnet, January 12, 2009.

    Steven Zevitas, “The Things We Think and Do Not Say, or Why the Art World Is in Trouble,” Huffington Post, February 28, 2014.

  • The Market Is the Moment

    How the Marketplace Gives Form to Art
    Friday, December 6, 1985
    Artists Talk on Art, New York

    This serious-humorous examination of the art and craft of art marketing clearly engaged the panelists, who frequently all talked at once, as well as the audience, which laughed and applauded, and asked some questions, not because it didn’t know the answers, but because it did. Ronald Feldman rendered a wicked riff on how the art market, nefariously, operates. But Leon Golub, self-styled “old timer,” who ought to have been the most cynical of the lot, hinted at possible “substance,” or other mysterious factors that defy market manipulation, or even analysis.

    And let the record show that the woman in the audience who asked if anyone besides Women Artists News ever looked into which artists got reviewed, and why, was not known to us—although we’re glad she noticed.

    Moderator: Lynn Zelevansky
    Panelists: Dara Birnbaum, Ronald Feldman, Leon Golub, Richard Kostelanetz, and Amy Newman

    Moderator Lynn Zelevansky introduced panelists as follows: Ronald Feldman, codirector of Ronald Feldman Fine Arts Gallery in New York since 1971; Dara Birnbaum, artist and independent producer, the only video artist in the Carnegie International; Leon Golub, well-known painter; Richard Kostelanetz, essayist, anthologist, and multidisciplinary artist engaged in the worlds of both literature and fine arts; and Amy Newman, managing editor of ARTnews.

    Lynn Zelevansky: The question “How the Market Gives Form to Art” is one I ask not at all cynically. I think it’s the question of the ’80s and a difficult one to answer. My premise is that the drastic change in the art market over the last twenty years has effected a change in the condition of the artist as modernism defined it, that is, as outsider. The artist’s life is still difficult, the speculative nature of his or her work remains the same, generating insecurity and so providing a continuum with earlier times. However, today, opportunities are far more numerous than they were two decades ago and this seems to have reduced the artist’s identification with the marginal.

    In a period like this one, which is basically tolerant of all kinds of different styles, things like pink hair are vestigial references to antibourgeois lifestyles, rather than a real affiliation with marginality. The adoption of more conventional material values must affect the form of 1980s art, just as the artist’s oppositional stance impacted on the form of earlier work. Today, references to comics, movies, and cartoons ally current art with mainstream culture, rather than functioning as social commentary, or denoting an anti-high-art position as they might have in the past. Another example of contemporary art’s alliance with the mainstream is the reemergence of large painting, an emphatically material form of art, as a central issue of the art world at the beginning of the Reagan era.

    I assume that the huge growth in the marketplace influences all of us, regardless of our values or the form of our work.

    Amy Newman: I think the issue is to a certain extent specious, for two main reasons. First, artists have always produced for a market of one sort or another. Nearly without exception, art aspires to a condition of creating an impact, whether commercial or ideological. I don’t think the marketplace for ideas is any less tyrannical than the financial market. Just as many people are willing to be corrupted for reasons of moral, ideological, and philosophical influence and stature, [many] are willing to be corrupted for financial reasons. How extraordinarily rare is the artist, and I don’t think I’ve ever encountered one, who works without concern for whether the work is recognized or discussed, even if he or she doesn’t care whether it’s sold.

    The second reason I think the issue is specious is that for art to be interesting, the work must have something to do with its historical moment—distill or crystalize, reflect or reject, embrace or expose it. The presence of one of these facets doesn’t necessarily make the art good, but the absence makes it vapid. And today, certainly in the West, the market is the moment. The culture is surely permeated with conditions of the marketplace, as the fourteenth century was conditioned by belief in the power of religion, and the sixteenth century by belief in the power of man, and the nineteenth century by belief in the power of science.

    That said, certain factors are troubling about this relationship and I do have some random thoughts on the issue. Our culture, and increasingly that of the rest of the world, revolves around information, image, and effect. This is what the marketplace trades in and what consumers consume today, even more than tangible goods. And this is why, with the frequently (but not always) ingenuous collaboration of the media, the market is so all-pervasive, and why I consider the market is the moment.

    We hear frequent complaints that information, image, and effect can be conveyed and purveyed with very little substance, but “substance” is a [tricky] concept in this context. Does it have any meaning beyond a certain nostalgia? Substance has profoundly different meanings in different eras, and we’re now in a different era. What we can perhaps say is that “substance” in some way confronts the questions of the human condition, and that is in fact what the best contemporary art still does—precisely when it is shaped in some way by the marketplace.

    Certainly the rampant insecurity of taste and the nefarious atmosphere of financial speculation that characterize the market moment can be devastating and abusing to the artist’s ego. We sometimes forget when we talk about abstractions of the marketplace that we’re talking about people, and I guess the audience does frequently have unfair, heroic expectations for artists. [But] we all have to face moral dilemmas and make moral decisions, no matter what profession we’re in.

    What the marketplace is giving shape to is not the physical aspects of art, as frequently happened in previous eras, or not as much, but the more general conception of art. Art has become a generic catchall term. It has never before subsumed so many different forms and ambitions…. Today we erase almost all distinctions of purpose and ambition and that [affects] the function of the market.

    Creativity goes along in its myriad ways, as it always has, with different ambitions as to psychological profundity, cultural profundity, humor, decorativeness, ability to communicate, ability to intervene in contemporary life. The market tries to erase all distinctions. The leveling is certainly also an outgrowth of the ’60s and ’70s challenge to so-called fine art, which should have been and in many ways was a very valuable and beneficial process.

    The challenge to rigid definitions opened a wide spectrum of experience to a new level of contemplation. [It also] had not only the effect of making alternative investigations and manifestations more meaningful; contradictions of the original impulse made them more valuable…. We found that the status quo of the market culture was more powerful than the challenge. So while it’s certainly true, as Carter Ratcliff says, that the market is instrumental in forming the image of the artist, and that has to do with celebrity and fashion and speculation, we also can say that many of today’s serious artists do have an adversarial position to the prevailing mainstream culture—the market—in that they are trying to reassert the distinctions among kinds of goals and ambitions.

    Kruger, Holzer, Borofsky, Haring, Scharf, Greenblat, Salle, Longo, Clemente—they’re not all aiming for the same place in our minds and our lives, as much as the market would like to purvey them all as an homogenous product.

    Leon Golub: The art market depends on glamor and scarcity, particularly today. The two work together—you can almost identify one with the other. Scarcity means that if someone wants to collect something, he or she is told there aren’t too many of them. “This is a prime optic of a prime artist, and you may have to wait in order to get it.” But scarcity makes us avid. We want it. If there’s too much of something, we don’t need it. Glamor is the same thing, because glamor says that some people have it and some people don’t.

    Certain old-fashioned romantic artists [projected] talent or genius, but today we depend on glamor. So artists outshine movie stars…. They become, more than movie stars, people to get to know, to associate with. There are artist groupies for that gold dust, which is sprinkled on them in a psychological sense. I once tried to call Roy Lichtenstein about a project and I got the wrong number. I said, “Is this Roy Lichtenstein’s home?” and the woman said, “I wish it was!”

    This is not necessarily a new phenomenon…. Art was taken up by the popes and the Medici—and they gave it glamor, too. Art was extremely glamorous in the Renaissance. And that aristocratic aura, that notion of serving public power at the highest level, is translated into the peculiar forms of our day.

    But art has always served power. Whether you serve the Roman emperor, or the church, you’re still serving power. Image-makers make the kind of pictures, signs, and symbols that are called for. If they get out of line, they won’t get commissions…. Most artists eventually fall into line.

    The avant-garde was able to move the struggle away from the political and social aspects, which got mixed up in the nineteenth century, into another sphere, the so-called autonomous sphere. You could be allowed an aesthetic transgression, even if you were not allowed a political, social, or public transgression. [Think of] the history of Courbet or against the history of an artist who changes the sense of form. Not that the change of the sense of form doesn’t have political aspects as well, but it’s more abstracted. Which is why we have abstract art….

    Under modernism, you get all kinds of accruals and additions, from technology, for example, TV, telephones, film, photography, satellites. These change imaging. All these accruals bounce against each other, which is part of the atomization. You get a kind of open-ended market, which does permit a certain kind of—a word a lot of people don’t like—pluralism….

    You can take different aspects of the modern world, whereas in the medieval period, the world was one direction and developed more or less in a vertical or linear fashion. So the market today is a special kind of market, but the conditions of control and power are still there. [T]hese accruals have weights, entropy; they all disperse at the same time. All this is going on, and may even give you some elbow room.

    Ronald Feldman: I have two sets of slides to show two aspects of the marketplace. First, the work of a particular artist. I will read criticism he has had over the years to show the conflicting nature of art opinion and the incredible perversity of the marketplace. The artist is Joseph Beuys.

    Quote: “It would be strenuous to explain to museum goers that Abbie Hoffman was the most brilliant performance artist of the ’60s and ’70s and it is equally difficult to explain the similar genius of Joseph Beuys.”

    Another reviewer: “If there were an American artist as political as Beuys in his activities, would an American museum turn over almost its entire exhibition space to him or her? I doubt it.”

    Another declared a Beuys show the “worst European modern master retrospective,” saying, “Beuys is in the business of selling himself. He really doesn’t do anything. So his career boils down to public relations, but he has no point of view to express.

    Another quote: “But when all that is said, Joseph Beuys is at the very least a valuable absurdity in a world that is locked into the status quo. As an artist, as a performer, as a politician, and as an irreducible individual, he has tried all his life long to extend our notion of what it means to be a human being.”

    Another quote: “Nobody who understands any contemporary science, politics, or aesthetics, for that matter, could see in Joseph Beuys’s proposal for an integration of art, sciences, and politics, as his program for the free international university demands, anything more than simpleminded utopian drivel lacking elementary political and educational practicality.”

    Audience: Was that [inaudible]?

    Feldman: No, that was Benjamin Buchloh…. But if you were reading these, and didn’t know anything [else], you’d be in a lot of trouble in the marketplace.

    The next set of slides has to do with corporate sponsorship of the arts. This is a brochure the Metropolitan Museum provides for corporations to encourage them to sponsor shows in the museum. Some quotes from this brochure:

    Many public-relations opportunities are available through the sponsorship of programs, special exhibitions, and services. These can often provide a creative and cost-effective answer to a specific marketing objective, particularly where international, governmental, or consumer relations may be of fundamental concern.

    David Rockefeller says, “Involvement in the arts can give direct and tangible benefits. It can build better customer relations, a readier acceptance of company products, and a superior appraisal of their quality.”

    Herb Schmertz, chairman of Mobil: “We believe our involvement with PBS has persuaded an important segment of our society to look at Mobil in a new light, to be more open minded when we speak out on issues.”

    Tom Messer at the Guggenheim said, “You approach corporations with projects you believe are acceptable in the first place. These tend to be the safer projects. The avant-garde stance of museums is somewhat weakened by the need to seek outside funding.”

    [This is a picture of] the Whitney Museum and ITT in bed together. Tom Armstrong said about the Ellsworth Kelly show: “American businesses are calking themselves into new reasons for supporting the arts….” Here’s George Washington of Philip Morris: “We are in an unpopular industry. While our support of the arts is not directed toward that problem, it has given us a better image in the financial and general community than had we not done this.”

    These are two different cross currents in the marketplace, quite a diverse and exciting place.

    Dara Birnbaum: At the recent Carnegie International, not only was I the only video artist, I was one of only four women—and probably the only person there without a gallery…. I represent the position of many people in my peer group making an attempt to get out of the gallery system, to reach a larger public.

    I did a video show, Wonder Woman, of totally popular imagery, and put it in the window of [a commercial space]…. After 1979, it was shown in the first film and video room at P.S.1…. This was the opening at the Mudd Club, ’79 to ’80. The Mudd Club was one of the first places to open up to video. For a year, a group of us had an independent space there, to sit upstairs and talk about video. It gave you a very local feeling for a medium usually transported out of your hands almost immediately after you’ve created your statement…. The Mudd Club was one of the places where this art [reached the public].

    This is Grand Central Station. In 1980, ten artists were commissioned, other people being like Jenny Holzer, to do works in the station waiting room. [At the time] it was very difficult for people in video arts to exhibit in museums or any kind of art spaces. The galleries were not really supportive except Castelli Sonnabend. Museum funding for these works had been cut. [You had to] become your own package deal. You had to make a work that, no matter where it was, the statement still read, that, like a trade show, could be put up anywhere, At Documenta 7, again, I was the only video installation…. Here’s the Art Institute of Chicago 74th American Art Exhibition. Mine is the only video work inside the show—at least in a partly connected space, a cul de sac. Usually it’s completely shut off, in an independent room with the separate designation “Film” or “Video,” rather than saying it still belongs to the arts.

    [But] at the ICA in Boston, for the first time, video was displayed on the upper floor, taking over the space, unheard of before. Another display, twenty-one different installations of video work, was at the Stedelijk in 1984, the first time a major world museum opened up to the public the language involved in a new form of art making.

    The intentions of my peer group, working either electronically or through music, are to make art as a purposeful challenge to mainstream culture…. This is the Whitney Biennial this past year, the first time a video installation was allowed out in the open on the fourth floor. This is the 1985 Carnegie International Exposition that just opened in Pittsburgh, again the only video in the show allowed out in the open, so the vocabulary can be associated with the other forms of work.

    Richard Kostelanetz: There’s a difference between literature marketing and visual-arts marketing—visual arts is retail, and literature is wholesale…. When you take a work to a dealer, he knows his regular customers. He’ll make a calculation [about marketing] that is obviously kind of subtle. When you bring work to a publisher, all he knows is bookstore managers—the bookstore managers sell books. And this means lots of differences.

    First of all, art is sold [one at a time] and reviews criticize it. Reviews sell literature because they publicize it to ten thousand to one hundred thousand customers. Art is basically sold to individual rich people who can afford to pay for large units. Literature is sold to the masses…. The thing about contemporary visual art is that very little sells; it’s remarkable that it sells at all, which makes the operation of selling visual arts in our time very naïve…. So the major phenomenon of contemporary art in our time is the development of an extravagant market. Second is the development of an unprecedented support system for artists who don’t sell. They live on jobs and grants….

    Another development of the past two decades is the increasing gap between the commercial world and the noncommercial world. Particularly in literature, we have commercial presses and small presses. And the small press is a cultural entity whose particular function is to do what the commercial press doesn’t do—but also to continue literature, which has been abandoned by commercial presses in favor of best sellers. The same thing happened in music, with the record companies getting more and more commercial…. So [people set up] alternative music spaces, like the Kitchen. I think you get this in visual art as well….

    It was traditionally thought that if someone succeeded in the noncommercial world, he would jump into the commercial world. The gap has become so great that, in literature and music, I can think of only two people who have made that leap in the past decade—Philip Glass in music and Walter Abish in literature. So we have not just the development of that which is commercial, but [also the] development of institutions and a means of dissemination of that which is not commercial.

    [I]t’s really hard to sell out nowadays, in part because the gap between commercial art and art is so great…. And because of selling ten thousand versus selling one, eccentricity is far more cultivated in the retail [visual] arts.

    Zelevansky: I think I was misunderstood by both you and Amy. I never used the term selling out. I was interested in what Amy said, that the marketplace is the moment, and there’s no way somebody, whether they’re rebelling against it or not, can fail in some way to reflect that fact. I can’t imagine taking the position that the marketplace does not give form to art.

    Now a question to the panel: how do you create a market for an artist’s work?

    Feldman: I don’t know—I’m waiting for the Mary Boone book. [Laughter, applause] Actually, I could give you a lot of ways. First, you have to pick a very nice art form: painting would be number one, absolute top-of-the-list. Paint! If one of my kids [were] going to be an architect, I’d say don’t do that strange thing. Paint! (Well, I wouldn’t say that, but I would say paint.) What you have to do is paint something really kind of attractive aesthetically right off the bat. It can be strange, but it should be really nice looking. It shouldn’t be too, too big, because then it can’t get into the museum. When you’re a little more known, you can make really big things—they’ll find room. To market that work, as a strategy, one should have a few sold-out shows. Before they open is the best way, really, but even during would be good. Or even after, you can state that that happened. Even if it didn’t. That word “out” is really good. When dolls are hard to get, they can run into thousands of dollars. If you sell out ten to twelve paintings, that’s peanuts really—but big news in the art world.

    Secondly, in order to sell out, one should pepper the art world with paintings at very low prices that no one quite knows what price they were sold for. But a high price is told to the public! That also helps—a lot of PR that this sold out at “x” high price. It’s not true, but it helps a lot.

    Newman: In other words, people think other people paid more?

    Feldman: Yes. Very good strategy. Let them get on the waiting list.

    Newman: You get one person to say, yes I paid…?

    Feldman: You don’t have to lie, just [say] this is the price and everything is sold out! Nobody really quite asks, did they pay what I’m paying. The best thing, then, would be to have a waiting list. Scarcity is really good. A sold-out show gives the glamor and the scarcity at one time. If you can do that a few times in a row, that’s really good. Another aspect would be to find some critics that really, genuinely like the work. They may be misguided, they may be correct, but they really have to like it, and they really have to want to plug it. Then you have to get some curators to decide they want to have it, that they really like it, or stampede [them] into liking it.

    Panel: How often does this happen in your business?

    Feldman: Not to me! I can make it for any artist here if you want to just follow some simple rules. I don’t know how to make it if you make anything strange. I know how to live with you and show the work; but I don’t know how to make it for you.

    The art has to be in a form that sells. I can’t stress that enough. One of my artists is now painting and I am absolutely overjoyed, because I know that I can sell it, and both of us can have a little money…. I don’t push them to paint. They paint because that naturally becomes the form they’ve chosen—thank god!

    But recently I spoke to a New York curator, very high up, very important—who for years has been playing this cat and mouse game with me, like, I really would like to know about all your artists, and how important they are, and what they’re about. I’d like you to set up a slide show and I could come down and look at everything at one time…. So one day I made a phone call and asked, if the art I show you is not stretched or a little difficult to store or curate or put on the wall, or you have to worry about the temperature a little more, or whatever, do you want to see it, can you curate it, can you collect it? Oh no, of course not! We didn’t make the slide presentation.

    And that fact does not change. So when Dara said, it was the first time

    this way, that’s very important. Of course, that doesn’t mean she sold it.

    Golub: I don’t think you can tell anybody how to make it in the marketplace. I’ve been in the art world a long time, I’m an old timer, and I still don’t know how the art world works. I try to be very analytical [but] I can never figure out what’s corruption and what’s not corruption. I know what I like and don’t like, although I’m often unsure about that, too. You made a comment about Mary Boone. Of course she’s very successful. But she’s riding a bronco, she’s not riding a horse. And she doesn’t know herself, I would guess, when she’s going to get thrown off. [Meanwhile, other people are] saying, if I could only I get to Ron Feldman!

    I was just told about a show in a very well known gallery. The show sold out. A man I know very well had a show at that same gallery not long ago and sold nothing. What made the difference? I can’t figure it out.

    Feldman: I wouldn’t want you to confuse “how to make it” by a formula, in certain steps, with really making it because your art is terrific. I personally don’t equate being famous and in many art museums and collections, and [having] private collectors stampeding [to collect work], with really making it, really being talented, really being what I would consider successful, whether that gets commercial recognition or not.

    Zelevansky: Amy, how important are the magazines? How powerful are they in selling artwork?

    Newman: I think magazines are, um….

    Golub: Crucial.

    Kostelanetz: In comparison to literature they are inconsequential.

    Newman: They’re important because they get the ideas in the work out. I don’t think that necessarily influences what sells. I think what influences what sells is what other people are buying. There’s a kind of snowball effect and I don’t think that starts with the magazines. In fact I think the magazines are the coattails, because if someone is selling, then the magazines put that person on the cover.

    The problem that has stymied me the most is reproducibility. You reproduce art that can be reproduced in a magazine. There are very strict limits to what comes across. Where you have twenty artists and can reproduce five works, you don’t choose something very delicate, pale, subtle, or conceptual, or a certain kind of manipulated photography. You can’t have sort of a vague blur on the page. The only way around that is to have art magazines that don’t run pictures. That’s unfortunate, but it is sort of pure.

    Golub: I would think that given good-quality reproductions and sufficient attention to paper, there’s almost nothing that can’t be reproduced. But there are always questions of the relative importance of people in the back of one’s mind. I don’t think the criteria are technical. If you have a big enough page, you can reproduce anything.

    Feldman: As far as strategy is concerned, Amy is right. As far as being right, Leon is right.

    Newman: There’s one thing I want to add—the influence magazine or newspaper critics have, I think, is not based on the magazine or newspaper. It’s based on the reputation the critic has built up. I don’t think that simply by reviewing for a magazine you have the power to make or break an artist’s career. I don’t think those reviews and articles have that kind of importance. But if a critic has built up an independent reputation and been intelligent and consistently written about artists that people agree have emerged as significant voices, then I think the critic has a certain amount of power.

    Kostelanetz: I can think of only one way reviews function in selling art, and that’s if someone has to justify a purchase. When I tour universities, and I go to the art museum and see a Philip Pearlstein, I know there’s only one way that could happen. The curator wanted to buy it and he came up with the Hilton Kramer review from the New York Times and went to his board of directors with it, and between the curator and the subsidiary support of the review, they bought it.

    Zelevansky: Reviews are very important for artists applying for grants.

    Golub: It’s more crucial than that. I’d say there are one hundred people who are important to artists—collectors, critics, museum people. They all have a shifting relation to each other; they all have certain tensions of their own [and] different kinds of nervous dependencies…. Nobody has one hundred. If you have, say, 60 percent of this informed opinion behind you, you have a worldwide reputation. If you have 40 percent, you have a national reputation. If you have 20 percent, you have a New York reputation. If you have 5 percent, maybe a few people have heard of you. If you don’t have any of these people, you don’t exist—except to your friends.

    What this means is that influential people out there, artists too, are determining the course of events. Now these people are not so sure in their own mind. They watch each other. Collectors watch collectors. Collectors watch dealers. Critics watch other critics. They’re always ready either to jump on a new ship or leave a sinking ship. And everybody does it, just the way I do…. In the middle of all this, the agency that influences people are the critics. They influence the people who influence the people.

    Kostelanetz: The New York Times theater critic can make or break a Broadway production with that wholesale audience. The New York Times art critic cannot break a production….

    Golub: You know why? They have devalued themselves. When Kramer and [John] Russell run off in a kind of generalized way they devalue themselves, but they still have a very powerful influence.

    Kostelanetz: Is there any example of a critic demolishing an artist’s reputation?

    Newman: No.

    Golub: I’m not going to name them, but there are artists I know who have been attacked publicly who had a very strong reputation in the ’70s and who have suffered from it. It doesn’t mean they don’t have support, but part of the aura around them has been dissolved.

    Newman: I think what we’re talking about is the marketplace of ideas, and I do believe critics have a lot of influence there, but I don’t think they have that kind of influence in the financial marketplace. If you have 4 or 5 percent of art-world-informed position behind you, that’s fine. I know artists nobody knows who are selling their work better than artists who get reviewed. They have their parents’ neighbors [and] doctor’s offices….  If you’re talking about the financial market, I don’t think critics have a lot of influence. They have influence in the exchange of ideas.

    Zelevansky: Most critics have to review what the publication is interested in. As a critic who did a lot of photography reviews, I can say there was a time suddenly you could not place photography….

    Audience: Who, besides Women Artists News, looks at who is reviewed? Where do those decisions get made?

    Newman: It’s different at all the magazines. At ARTnews I would generally assign critics to the gallery. If the critic didn’t think the show was worth reviewing, that stood; we didn’t try to get the show a good review, or get a review at all. If I sent someone to a show and they wrote a bad review, we printed the bad review.

    Audience: What about advertisers?

    Newman: It’s pretty well known which magazines have a policy [of reviewing advertisers].

    Audience: It’s well known in the trade….

    Newman: The magazines that [cater to advertisers] don’t have as good a reputation with the general public. They don’t have the same authority.

    Kostelanetz: Are you saying you can buy a review?

    Newman: Yes.

    Golub: You can get in one or two magazines, maybe. If you take a medium-sized ad and your gallery has done this for a while, then there’s a good chance you are in the swim and the shows will be reviewed. But you’re not necessarily buying a review. I don’t think you are.

    Audience: How do you measure what’s real and what’s just people giving their opinion?

    Golub: That’s the biggest question in the art world! If you read the history of American art from, say, Abstract Expressionism on, you get a certain picture from one critic or historian, and someone else may give a related picture, but [neither one] is necessarily true. What we see as “history” has been taken for granted because of usage. We’re told certain things and eventually we learn them. But there is such a thing as revisionism—the history of art can change….

    But instead of going from one thing to another, we have catastrophes. Pop art was a catastrophe for Abstract Expressionism. Minimalism was a catastrophe for so on and so forth…. The catastrophe interrupts the assumptions of artists that things are going to continue as they are. But how you get to that new point doesn’t come from paying off critics and reviewers.

    Birnbaum: This is taking a very mainstream course, for me at least. We’re really in very conservative times. Leon has now at least said things can change. But I haven’t heard any specifics. For example, publications such as Flash Art on an international level support certain art. It is nearly impossible as an independent to be reviewed by Flash Art. And if you don’t have a gallery it is next to absolutely impossible to get into Flash Art in a color photo print. Many times works—performance art, film, and video—that had their seedbed in the ’70s haven’t been able to continue in the mainstream of talk and articulation because they aren’t reproduced in any form; they’ve been suffocated. There are a few small incidences of change, but change hasn’t so far affected the dominant marketplace.

    When I first looked toward video art [at] Castelli Sonnabend, as a youngster hanging out in the gallery, I would hear meetings on how does one sell a video disk—and are there precedents in printmaking or photography or any mechanically reproducible form. There was this idea of production in a limited number. But video to me is like literature: it should be in unlimited number…. The reason I stayed in art making [despite having other] skills was because I felt art could be valid as a challenge inside society.

    At Castelli Sonnabend, selling video tapes, they found they couldn’t do a limited edition. Can an artist sign a video tape? Where? Does regular pen work? Can you write on video tape? It’ll ruin the deck you play it on….

    So eventually they had to make a very expensive-looking package and, in the case of Joseph Beuys, a lithograph by Beuys, signed by him, to market these tapes.

    Now a group of artists decided in the ’70s and ’80s not to go with that part of the market. So while I’m very glad I have tapes selling in the art market for two hundred, two hundred fifty dollars. You can buy them for a dollar ninety-five at Video Shack. The same tapes. I’m not saying it’s an answer, but it opens up issues.

    Golub: It works for you. You have developed a philosophy and a technique to get out to this kind of public.

    Birnbaum: Well, I’m one of those who has deliberately chosen a form of expression that leaves them outside the dominant marketplace.

    Audience [to Newman]: On what basis do you select a gallery or show for review?

    Newman: I see the show myself. (I used to see an enormous percentage of shows). Or, if I don’t see the show, [I select] based on the announcement, or something I know or [that] somebody told me. In other cities I rely exclusively on the critic in that city.

    Audience: Is it true that if a gallery or an artist took a full-page….

    Newman: Not at ARTnews.

    Audience: You say not at ARTnews, but that means somewhere else. Is it fair….

    Panel: What’s fair?

    Kostelanetz: A critical reputation is debased if it’s so obviously, blatantly for sale. But there’s more subtly for sale. For example, take the New York Times Book Review. I did an analysis where I discovered that the reviews were apportioned to publishers in direct proportion to how much advertising they took over a period of time.

    Golub: That was deliberate, you think?

    Feldman: You made this survey yourself? When?

    Koslelanetz: Yes, I made the survey. It’s published in a book of mine called The End of Intelligent Writing.1

    Newman: And was it reviewed in the Times?

    Kostelanetz: Yeah, sure. [Laughter] That’s a longer story.

    Golub: He ran a big ad!

    Kostelanetz: Their rationale is, we exist to review what’s in the bookstores, and we know what’s in the bookstores by what’s advertised in our pages! … Here’s a funny story. [An editor at the Book Review], whom I happen to know, told me, the art world’s all money. I said, Oh? When you put a book on the cover of your review, what does it sell? He said ten thousand copies. And that’s worth how much? Obviously a twenty-dollar book is worth two hundred grand gross. So I said there’s no way an art reviewer can sell two hundred grand of anything! That’s the nature of wholesale versus retail. Bookstores are much bigger business than art business.

    Feldman: But an art review appears after the exhibition is closed.

    Zelevansky: That doesn’t matter—it’s for the next exhibition.

    Kostelanetz: That’s still different from a book review when the book is in the stores.

    Golub: The New York Times comes out coincident with the exhibition when they do review something. And they do influence….

    Zelevansky: And the accrued prestige is definitely part of the package.

    Newman: But you’re suggesting that the work shouldn’t be talked about.

    Golub: Nobody’s 100 percent pure and nobody’s 100 percent corrupt…. Everybody tries to manipulate the situation to their advantage, one way or another.

    Audience: Reviews are an extremely sensitive issue for the artist because reviews are sometimes the only payment you get. You can go a long time on a review. [Applause] Dara mentioned showing video in an alternative situation … at Castelli and then at the Palladium and selling work at the Palladium and other clubs. I wonder whether you can take a work which involves thought and contemplation and put it just anywhere and expect it’s not going to change.

    Birnbaum: It depends on the work. I was one of the first people into the clubs and one of the first out of the clubs—because it didn’t suit the content I wanted to get across. Lately I’ve decided to go back into the clubs at chosen times, because there’s an audience there I wanted to address, and I wouldn’t be able to get to those people if I didn’t find a vehicle that had a certain kind of immediacy…. The people I’ve worked most closely with felt it essential to find temporary relief from the dominant marketplace, which had been highly, highly conservative.

    Kostelanetz: I have a question about selling photography. You saw it and now….

    Zelevansky: Now there’s no market. Photographers can make—it in an art-world context, but the photography community at this point can no longer promote photography. The reason they make it in an art-world context is that they make very large images in color, so they can be sold for a lot more money.

    Feldman: I’ve been on several panels [on this topic]. Every five years it convenes and appears in Print Collector’s Newsletter…. Some artists working with photography will not show in a straight photography gallery. It’s demeaning, or it’s craft, or too traditional. Others want to show or will show anywhere. This thinking is the fault of museums, because they’re curated by departments.

    Edited from tape.

    Post Script: In case anyone missed Feldman’s irony, as some seemed to, it should be added that his advice on “making it” was tongue-in-cheek, and that his reputation among artists for support of non-money-making, especially artists’ political, causes, is unsurpassed. However, the New York City Department of Consumer Affairs may have taken his remarks at face value. One official, apparently hearing about hanky panky in the art world sufficiently in advance of an election to take forceful action, decreed that art, like other merchandise for sale in the city, must have all prices clearly marked. As the press played the story with great glee and keen appreciation of the ingenuousness (or disingenuousness) of the ruling, Ronald Feldman was among those singled out for several hundred dollars in fines—caught by an inspector without his prices posted. The regulation was subsequently contested. The denouement is not on record.

    In Terms Of count: 0.


    1 Now out of print. However, an abridged version, “The End” Appendix/“The End” Essentials (RK Editions, 1979), is still available.

    Source

    “The Market Is the Moment” was originally published in Judy Seigel, ed., Mutiny and the Mainstream: Talk That Changed Art, 1975–1990 (New York: Midmarch Arts Press, 1992), 241–47. In Terms Of thanks Midmarch Arts Press for permission to republish this review.

  • First, Do No Harm

    Randy Cohen: The Ethics of Being an Artist
    Thursday, October 10, 2013
    Professional Practices Series
    New York Academy of Art, New York, NY

    “Is it ethical for an artist to make work that sells?” was the first question asked of Randy Cohen, who responded by saying that terms like “sincerity” and “ethics” do not apply in aesthetic situations—you judge an artwork on its own merits. Drawing a distinction between creating good art and being a good (or bad) person, he argued that the racism and anti-Semitism of nineteenth-century authors shouldn’t discount the quality or importance of their novels. Cohen then asked the room, “Is it shameful to produce work that people enjoy?” If a person has an urge to make money, he mused, then art is a quirky field in which to earn a million.

    Cohen, who wrote “The Ethicist” column for the New York Times from 1999 to 2011 and the book Be Good: How to Navigate the Ethics of Everything (2012), took a few questions from the conversation’s moderator, Sharon Louden, an artist and a faculty member at the New York Academy of Art, for a half hour before fielding queries from the audience, comprising mostly MFA students. An art-world outsider, Cohen drew from knowledge gained over his diverse career path, which includes writing for Late Night with David Letterman—he is usually credited as inventing the Top Ten List—during the 1980s and hosting a radio show, Person, Place, Thing, in which his guests, often celebrities, talk not about themselves but about something else that interests them.

    Randy Cohen talks with Sharon Louden (photograph by Christopher Howard)

    Cohen went into the talk cold, specifically requesting that Louden withhold the topics of discussion. He handled the questions extremely well, and his responses were refreshingly atypical from the usual chatter regarding business and education in the arts. Cohen decreed it unethical for professors to accept gifts from students, even on graduation day, because doing so may establish a dubious precedent, “a way of doing things,” he said, in which intentions and responses are unclear. No more apples for the teacher!

    Can an artist sell work from his or her studio when represented by a gallery? Both artists and dealers have good arguments for and against the practice. Early in an artist’s career, dealers have power and can bully the artist, not unlike the music industry in the 1970s in which record companies took advantage of bands. These relationships concern power, Cohen said, not justice. But the right call usually comes down to what’s permissible according to the written agreement between both parties.

    Presuming an artist and dealer agree to split the sale of artwork fifty-fifty, is it ethical for a dealer to sell a work originally priced at $10,000 for $15,000 and then pay the artist the expected $5,000 instead of the higher $7,500? Again, he said, it depends on the written agreement, he said, though I believe that he hinted at the artist receiving his or her equal share of the sale. Can an artist or dealer sell a work to one person for $10,000 and offer a similar work to another person for twice that amount? Cohen found no fault in variable pricing, as airlines practice it on a daily basis. A smart buyer will ask what a work like this typically sells for. But if a buyer agreed to the seller’s asking price, there’s no harm.

    William Eggleston, Memphis (Tricycle), ca. 1969–70, medium uncertain, dimensions variable (artwork © William Eggleston)

    Balancing ethical obligations against legal responsibilities was an unexpected theme during the conversation, with the law often superseding ethical notions of right and wrong. For example, an artist sells a painting to Person A, and Person B wants the same work. Can the artist make an identical piece to sell to Person B? As an example, Cohen brought up recent litigation between the financier and collector Jonathan Sobel and the photographer William Eggleston, who sold one darkroom print of a limited edition to Sobel but later made a new edition of the same image at a larger size and printed it digitally. A judge dismissed the lawsuit in March 2013, according to the Art Newspaper, in favor of Eggleston. Apart from the court’s decision, it is “subjective and unmeasurable,” Cohen said, if the second work were similar, identical, or new. Does Balthus have a monopoly on cats and little girls, he speculated, referencing the recently opened exhibition at the Metropolitan Museum of Art. I thought of Claude Monet’s twenty-five paintings of Haystacks and the thirty-plus Rouen Cathedral series found in museum collections across the world.

    Considering ethics in teaching, Cohen felt teachers have an obligation to tell students the truth, to deepen their understanding of a subject. Nevertheless, he has identified an ongoing tension between a solid education and giving good grades. Educators, he said, no longer fail students for fear of a lawsuits (presumably from parents). In art school, the “pernicious effect of grades” happens when a teacher all but requires his students to paint like him in order to pass the class. Prompted by Louden, Cohen talked about how teachers should provide realistic postgraduate expectations for students in MFA programs: “Here’s what art might offer when you get out,” he suggested they say. Further, teachers should address questions—in professional practices or more generally—that students did not know they needed to ask.

    An audience member asked, “If you inhabit an utterly corrupt society,” do you have an obligation to be ethical? Cohen brought up a recent scandal at Stuyvesant High School, a top-notch public school in Manhattan with an accelerated college-prep curriculum, in which cheaters make it difficult for honest students to compete. When the stakes for Ivy League admission are high, he seemed to say, sometimes it’s okay to bend the rules.

    An apple pie with a lattice upper crust (photograph by Dan Parsons and in the public domain)

    Should critics collect art? Cohen emphatically said no, and they should also refrain from writing about artists who they’ve seen naked or who invited them for dinner at their house. Writing about friends in whatever capacity, he said, will yield a skewed or uncontrollable perception. While I agree that knowing an artist may influence a critic’s perspective, I scarcely believe that the effect is ethically detrimental to the writing. Often knowing an artist personally, as a friend or as an acquaintance, can produce unique insight valuable to viewers and readers—which may not be an ethical dilemma since art criticism can be highly subjective. Critics should nevertheless refrain from accepting gifts from artist friends, Cohen said, whether the gift is a $50 pie from the bakery or one lovingly made at home. No apples for teachers and no apple pies for critics? Rats! The perceived problem of writing about artist friends needs closer examination, as important distinctions can be made between the appearance of a conflict of interest and an actual conflict of interest.

    Cohen’s approach to appropriation and copyright was less strict. “We have a narrow definition of plagiarism,” he said, “that protects commercial interests.” Yet it’s okay for him when the guitarist Eric Clapton lifts a lick from the blues man Robert Johnson. Whether it’s Led Zeppelin or Richard Prince, the practice of borrowing encourages artistic progress but often runs foul when the original creator fails to be credited or compensated. Certainly copyright laws in the United States are overburdened and outdated, but invoking the irresolutely defined word “transformative” as a cure-all solution obscures a complex, contentious issue. But tonight wasn’t the place for such a discussion.

    Throughout the conversation Cohen referenced his unusual career path. He attended California Institute of Arts in the 1970s for electronic music composition and knew David Salle, Eric Fischl, and other members of the CalArts Mafia. After finishing the degree, he realized that he couldn’t think musically or with sound—though he is proud of the score he composed for a Prell Shampoo commercial. From music to comedy to writing, Cohen’s living consisted of “stumbling from thing to thing.” He has experienced failure but time was never wasted. “You’re not paying attention,” he said, if you’d live your life in the same way if you could do it all over again. Cohen’s life changed tremendously over the years, but for every big break he got, fifty other options were unsuccessful.

    In Terms Of count: 0.