2min chapter

Freakonomics Radio cover image

484. “A Fascinating, Sexy, Intellectually Compelling, Unregulated Global Market.”

Freakonomics Radio

CHAPTER

What's the Difference Between a Pacasso and an 85 Million Dollar Painting?

Modern capitalism is predicated in the idea that you would take one raw material and transform it into another more valuable material. "I's primarily a one off object that we're trading," says David Hihhand, gallerist of david's werner hihhand. The late alice neal came out of obscurity to be shown at New York's Metropolitan Museum of art.

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