 
Abstract:
In a world where contemporary art is bought and sold for millions, it is more difficult than ever to tell the difference between good art and expensive art, but it is possible if we understand the concept of value. In this talk, I will argue that art is valuable as both culture and economics, but these are radically different things and the art market constantly attempts to blur the boundaries. Through a heady mixture of art market news, art criticism and philosophy, I will show that, despite all the money and headlines, art will always survive the ravages of capitalism. High auction prices, billionaire collectors, celebrity endorsements and artists’ publicity stunts only serve to create the myth that the value of art is monetary, but the true value lies in the way that art enriches human existence. '
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