For Some Collectors, Rashid Johnson's Work Has Become a Symbol of Access and Influence. How High Can His Prices Go?
The artist, whose work just sold swiftly at Art Basel, is the subject of an exhibition at Hauser and Wirth in Menorca.
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The artist, whose work just sold swiftly at Art Basel, is the subject of an exhibition at Hauser and Wirth in Menorca.
New York Times detailed the emergence of what he called the “YOLO economy,” as scores of young professionals bust previously unfathomable career U-turns sparked by the realization that “you only live once.” Despite art’s perceived status as one of the ultimate passion-above-all pursuits, however, I’m skeptical that our niche industry will see a huge amount of new participation from this shift in the zeitgeist. Instead, I’m inclined to believe that the epochal upheaval of the past year is less likely to produce a slew of daredevil ventures than a smaller, more consolidated art wo...