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Why Is Art So Damned Expensive?

Why Is Art So Damned Expensive?
Dec 5, 2011 12:00 AM EST

A pile of stools for $575,000. A cabinet full of surgical instruments for a cool $2.5 million. The global economy’s in a tailspin, but among the world’s elite collectors, works are selling for record prices.

http://www.thedailybeast.com/newsweek/2011/12/04/why-is-art-so-damned-expensive.
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