"Olav Velthuis has built a graceful, sturdy bridge across a
torrent: the turbulent flow of art markets. On one side we have the
supposition that art and money follow incompatible principles; on
the other, the claim that markets reduce all commodities to
creatures of supply and demand. By looking closely at the actual
culture and social connections of art markets in New York and
Amsterdam, he arrives at insight after insight into a
meaning-drenched form of commerce, and by extension into the place
of meanings in markets of every kind. This bridge stands
firm."--Viviana A. Zelizer, author of "The Purchase of Intimacy"
and "The Social Meaning of Money"
"A superb book! "Talking Prices" is the best thing I have yet to
read on the way art markets-in any period-work. Written in the most
fluid style, it is a pleasure to read and contains a great many
juicy details that shed light on the inner workings of dealers and
sellers and artists. Furthermore, it will carve out a space in the
economic sociology of art that is occupied, at present, by nobody.
Without question, it will leap across disciplinary boundaries,
especially that huge and often ugly one between 'sociologists' and
'economists.' What tops it all off is that Velthuis is also an
expert in art history and understands the aesthetic values and
norms of composing art that matter not only to the artists who are
selling to galleries, but also to the way in which artworks are
sold and to the culture that shapes the way art markets operate.
This is a major accomplishment."--Jack Amariglio, Merrimack
College, coauthor of "Postmodern Moments in Modern Economics"
"A brilliant piece of work. Velthuis has taken the hardest case,
and gottenout of it the best laws: about pricing, which the
economist wants to read as prudence and the anthropologist wants to
leave to the economist; and about high art, which the
anthropologist wants to read as power and the economist wants to
leave to the anthropologist. It's a brave book, and accomplishes
what it ventures."--Deirdre McCloskey, University of Illinois,
Chicago, author of "Knowledge and Persuasion in Economics"
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