
Understanding today's wild art market with journalist and author Georgina Adam
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Join me as I chat with the incomparable journalist and author, Georgina Adam.
This episode explores the evolving dynamics of the art market, focusing on the misconceptions surrounding art as merely an investment. We discuss the roles of galleries, auction houses, and the overall impact of economic and geopolitical factors on art appreciation and valuation.
• Discussion of various models and analogues for the art market
• Why is the current art market lethargic, or floppy?
• The growing trend of viewing art as a mere investment
• The state of art galleries today - their challenges and opportunities
• How auctions have grown, and how they are driving the market
• Art fairs as galleries’ way to compete with auction houses
• How to understand artists careers over time, as journey-driven
• Emphasis on the accessibility of art experiences for all
Georgina Adam has written about the art market and the arts in general for over 30 years, starting in Paris where she studied Islamic art at the Ecole du Louvre. After that she lived in London before spending five years in Japan, where she wrote on a freelance basis for a number of arts publications – The Art Newspaper, The Asian Art Newspaper, Art and Auction and Artnews - as well as Nikkei publishing.
She was art market editor at The Art Newspaper in London on her return from Tokyo, and remains art market editor-at-large for that publication. She wrote the art market column for the Financial Times for eight years and continues to contribute collector profiles to the newspaper. She is currently working on a new book.
Be sure to check out my two favorite books of Georgina's:
Big Bucks
The Dark Side of the Boom
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This episode is brought to you by SeeSaw - the best way to learn about gallery exhibitions in five cities: New York, Los Angeles, London, Paris, and Berlin. Pick your shows, map your route, and take off!
(the art map app, not the elementary school app!)
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Credits:
Music: Jon Calhoun
Editor: Jozlyn Rocki