The Future of Art Is Decorative

摘要

The art market is a very small place. Even the most optimistic rough estimate pegs last year's global art sales at about $64 billion, or about half of the 2017 revenue of Walgreens's parent company.Of course, Walgreens sells necessities, and it sells them cheaply. Art, in contrast, is a very expensive, nonessential luxury good. Works in the industry considered "entry level" top out at about $60,000, which is what the Bureau of Labor Statistics lists as the average for total American household expenditures per year.