The Economics of Everyday Things 102. “The Starry Night”
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Aug 11, 2025 
Glenn Lowry, director of the Museum of Modern Art, dives into the fascinating world of art valuation. He unpacks how Van Gogh's 'The Starry Night' has evolved into an iconic masterpiece, exploring its historical and emotional significance. The discussion reveals the complexities of pricing priceless art, suggesting a value of around $27 million. Listeners will learn about the meticulous care needed for such works, including advanced protective measures and the challenges of transportation, all while appreciating the painting's powerful cultural impact.
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Starry Night's Unique, Unquantifiable Value
- The Starry Night resists monetary valuation and sits outside normal market categories.
- Glenn D. Lowry says there's "no way to figure that out" precisely.
How MoMA Acquired The Starry Night
- Lily P. Bliss bequeathed works that MoMA exchanged to acquire The Starry Night in 1941.
- Glenn D. Lowry calls Lily P. Bliss "the fairy godmother" who enabled the trade.
Starry Night Drives Millions Of Visits
- MoMA estimates about 3 million visitors annually and credits Starry Night as a major draw among several iconic works.
- Glenn D. Lowry says a significant percentage of visitors come specifically to see Starry Night.