In case you still haven’t heard enough about how collectors like to spend exorbitant sums on works by fashionable artists, the New York Times is soliciting readers’ reactions on the topic for a forthcoming “Sunday Dialogue” section in this weekend’s paper. Respondents are asked to weigh in on a letter that author William Cole sent to the Op-Ed pages yesterday, in which he argues that the media and hype — not connoisseurship — dictate the overinflated prices, and ultimately wonders whether or not we’ve created another art-market bubble.
Historically, time has been very cruel to the reputations of all but the very best artists. But today enormous sums of money are devoted to propping up the star power of a small group of wildly overrated cult figures. Have the masters of the universe created the unpoppable bubble? Or will the child’s voice somehow manage to rise above the buzz and proclaim that the emperor is, as many have suspected all along, buck naked?
On Sunday, the Times will publish its favorite responses — which can be sent to email@example.com — along with a followup from Cole.
— Rachel Corbett