An opaque, dealer-intermediated market whose literature is written by economists and journalists rather than by investors.
Lives of the painters, sculptors and architects of the Italian Renaissance.
“Vasari, Lives of the Artists” — Paul Graham
Source: Rarely-Asked Questions — paulgraham.com
Recommended by: Paul Graham
Ethnography of auctions, fairs and studios.
How prices are set in the contemporary art market, from dealers to auction houses.
Recommended by: Tim Ferriss, Diana Kimball, Vinod Khosla
A dealer separating commercial, social and intrinsic value.
Sequel with more on auction guarantees and price formation.
The rise of the mega-galleries and the money in the contemporary art market.
Money and power inside the Metropolitan Museum.
Paul Grahamrecommends 1 book here