4min chapter

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485. “I’ve Been Working My Ass Off for You to Make that Profit?”

Freakonomics Radio

CHAPTER

Sax Is a Jewish Carpenter

The art market is one of the strangest markets that i have ever seen. The primary market where most of the odd works are sold is aom black box. How do artists get paid? Truthfully, it's feaster famine. We also learned last week about the unlikely rise of alice neil, an artist who died in 19 84. She had been a prolific painter, but she never sold much, and she spent years on welfare. But to day, her paintings sell for millions, at two million, 500 thousand,. selling to alex's telephone for two million five. They go to the family of the man who acquired the painting back in the 19 sixties, he

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