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Sep 24, 2024

Why a downturn could be healthy for the art market

While artists may be feeling the pain of low demand right now, art critic Blake Gopnik argues a correction in the art market will ultimately improve quality.

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"The Music Of Color" Exhibition At Musee D'Orsay. According to art critic Blake Gopnik, the recent "correction" in the art market may be a painful but ultimately welcome change for the industry.
"The Music Of Color" Exhibition At Musee D'Orsay. According to art critic Blake Gopnik, the recent "correction" in the art market may be a painful but ultimately welcome change for the industry.
Pierre Suu/Getty Images

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The Team

Why a downturn could be healthy for the art market