3min chapter

Cautionary Tales with Tim Harford cover image

Andy Warhol's Factory of Truth

Cautionary Tales with Tim Harford

CHAPTER

The Paradox of Warhol

People everywhere but particularly in the art market people prize scarcity. Warhol breaks all those rules and yet his works are worth an enormous amount of money. Oil paintings if you like belong to a time where there were fewer objects more time to appreciate layers of subtlety, he says. We live in very crowded times we are assailed by images all the time so resources aren't the scarce thing the real scarcity is our attention say experts.

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