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An extra million dollar on the piece get spent by many organizations and people involved and increases the production of the resources they want and decreases the allocation of res…

The difference is the number of people a product or a project will likely help times the ‘utility’ each person receive. > Once you start down the road of being dictotoe of spending…

With a different kind of accounting, people behaviors may change. The wealthy art consumers want status, prestige, and acceptance as one of the ‘cool’ crowd. Or when buying for inv…

Not referring to this specific exhibit but other pieces by a similar artist. Thousands of people can create this kind of paintings for cheap. That it still sells for more than what…