Sep 24, 2024

Why a downturn could be healthy for the art market

Pierre Suu/Getty Images

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 high-end art market is tanking. And that's ... a good thing?

by David Brancaccio , Meredith Garretson and Alex Schroeder

Sep 24, 2024

Yes, according to critic Blake Gopnik. When the market was thriving, he says, "the art was just unbelievably terrible."

The art market is in a correction phase, says critic Blake Gopnik. According to him, price and quality weren't closely related.

Elsa Biyick/Hans Lucas via AFP/AFP via Getty Images

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The team

David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

Ariana Rosas Producer

Nic Perez Director/Producer

Dylan Miettinen Digital Producer

John Bruington Media Producer

Jesson Duller Media Producer

Brian Allison Technical Director

James Graham Producer, BBC

Jo Critcher Producer, BBC

Naomi Rainey Producer, BBC

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