The Value Industry: Reflections on Art, Money and Celebrity

Have you ever wondered how a work of art could be worth millions? Has the world gone mad when Damien Hirst sells a dead shark for $12 million or a Picasso painting goes for £20 million? Some people think that art has nothing to do with money, that true art does not have a price tag, but it is really difficult to believe this in a world where the contemporary art market is worth $62 billion a year. The problem, says philosopher Daniel Barnes, is that nowadays it is more difficult than ever t...