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Question of the Day | 03/11/2009 11:00 pm

Is Mona Lisa frowning? How do you think the current recession will affect the art world?

No more buyers? An influx of creative types? Artists and dealers underselling to make fast money? Candice Bergen, Judith Martin and the wOw women share their thoughts.
© Shutterstock
Joan Ganz Cooney

Joan Ganz Cooney | 03/11/2009 11:00 pm

Joan Ganz Cooney's Hopes for the Art World

So far, I think the market is holding but who knows what the future will bring if this recession drags on. I hope there is an influx of creative types but I don’t know why a severe recession would cause a flowering of creative activity.
Liz Smith

Liz Smith | 03/11/2009 11:00 pm

Liz Smith: These Artists Ain't Starving

Oh, please – the art world will recover. It has endured famines, floods, volcanoes, wars and earthquakes but people won’t stop creating art and eventually others will come back to buying, collecting or rejecting it.

It’s not just artists and dealers who are underselling to make fast money. And, anyway, what a great ride they had for about 30 years! I can’t stand all this griping now that we are out of an immoral, greedy, money-exalting economy.

Candice Bergen

Candice Bergen | 03/11/2009 11:00 pm

Candice Bergen: Art World Has the 'Moral Compass of a Mobster'

Art world, schmart world. This depression is causing so many people to suffer that the art world, which has the moral compass of a mobster, is the least of our concerns. We have a house in France near the great cave paintings and people can always go back to something more primitive since the urge to create is primal anyway.
Judith Martin

Judith Martin | 03/11/2009 11:00 pm

Judith Martin's Concern About the Performing Arts

It’s the performing arts that I worry about. Those folks don’t have the cold comfort of believing that posterity will appreciate them.

Joan Juliet Buck

Joan Juliet Buck | 03/13/2009 7:10 am

Joan Juliet Buck Knows a Secret

I know how this recession is affecting the art world and I’m not allowed to say.

But Picasso and Rembrandt are good bets.

Jane Wagner

Jane Wagner | 03/13/2009 7:30 am

Jane Wagner on the Rise, 'Bubble' and Fall in the Art World

Now that so many rich people suddenly feel nouveau pauvre, yes, the art world is being affected. I was talking with a gallery owner in New York about the recent art fairs in New York and Miami. There has been a big bubble on exhibit in the art world for some time, and this one wasn’t made by Jeff Koons — or maybe when you think of his prices and other brilliant artists like Murakami, they had a hand in it. When you think of the art market itself, I have sometimes wondered if there wasn’t more creativity in art dealers and gallery owners than in the artists themselves. But the art market will bounce back and maybe one or two new "isms" will emerge, like "relativism." Maybe one or two movements will end, but that, ironically, seems only to strengthen a movement — when you can look back and say that’s the end of that movement — it just seems to solidify its importance.

When I go to galleries or museums now, I see the usual people wandering around wondering what it’s all about. The rich people are there, but with Madoff on their minds as if, perhaps, Madoff made off with their money — or they feel squeamish at the thought — it could have been them!

Things will be normal again, even in the art world. There will always be collectors with OCD compelled to buy, buy, buy, buy, and genuine art lovers. Thank God for the "Art Appreciators." And the good art dealers — all codependents of the artists.

There are no foreclosure signs in the art world — although, this wouldn’t be a bad idea for Ed Ruscha. I can see it now, can’t you?

In the March issue of Art News, there’s an article that may be of interest: "Where Is Art Going."

Read more about: Arts, Culture, Economy, Recession

51 Reader Comments (so far…) Sign In or Register to comment

Rainbow Power

Art balances a person’s education and well being.  Gazing upon a great piece of art can bring tranquility to one’s troubles.  It can also brighten your day and can make you wish you were rich enough to buy the very piece of artwork which attracts your attention.  Personally I have always loved the Mona Lisa.  I have a similar piece with a very tranquil woman but the eyes tend to follow …. my kids were deathly afraid of this piece and I had to store it until they left the nest.

The current dealers and art entrepreneurs have made millions in the economy’s Glory Days.  Now that those days have dwindled, they are singing the "woe is me" song.  Art is important in this world, but the stability of our country and of our citizens is more important right now.  The art world will recover as will our economy but it will take time.  Then again millions will be made in the art world.  Time will go on and so will art.

By Rainbow Power on 03/12/2009 7:13 am
Jeannot Kensinger

 for 4 decades now we have lived the life of art.

Husband was/is a painter (before the dreaded Alz.) he painted from age 6 to about 8 years ago.

He was wining ribbons in all major shows, had a gallery in San Francisco, won the title Commandeur in Brussels, yet it was a life of feast and famine. No regrets here. That is what he wanted to do and I supported him 100 %.
He never went commercial when most went into prints. He saw no value in a print with a signature with high prices. He only sold originals. 

The artist will ALWAYS stay an artist and create, they can’t help it BUT it is up to the rest of us to try and support an artist especially in this economy. 

Check out a gallery this week end, find something which will get your soul fed , see if you can squeeze it into your budget.

Support the arts. Never give up on that. Go see a ballet, an opera, a local production with a new show. Support the arts, I beg you.
By Jeannot Kensinger on 03/12/2009 8:43 am
Green Tears

Jeannot, is your husband expressing himself at all creatively anymore?

 My father has never been artistically creative, but with the severe impairment to his short-term memory from Alzheimers he is so stimulated by bright colors and window displays! A routine trip to the market has become more interesting with his fascination with colors and the beauty he now perceives. He  is still singing more - yesterday he performed a little duet with Dean Martin on the way to the barbershop!

By Green Tears on 03/12/2009 1:01 pm
Jeannot Kensinger

Green Tears, Unfortunately the answer is No. He no longer knows colors by name nor does he know the differences.

His last painting , about 8 years ago he got stuck on the background and I had to help him, the lines on that work are rigid (a floral) yet ehe kids all want that "goodbye painting".

I asked him to draw the other day and it is all scribbles when he was done he said: DOg. Of course he also calls the cat "a dog". Music was the last thing for him to go. I have found over 1000 recordings. Not to mention the records.

He was an opera fan , knew all the librettos and favored "Carmen" but then he went to Milan to hear "Medea" with la Callas. He was very serious about opera. He painted at night with artificial light, ear plugs and an opera. He would not stop working until the opera was over. 

What Bob now sees is magic in the clouds and the movement of trees. He loves the clouds, he always did.

By Jeannot Kensinger on 03/12/2009 6:16 pm
C jay
Jeannot, I am in tears. Hug him tightly, and hug yourself, too - for me! Please!
By C jay on 03/13/2009 8:21 am
Diana T

I have never known a moment of my life without the Arts being part of it.  And, my late husband, who was a Depression kid, would often speak of the fact that when he was a boy in the school system, it never occurred to them to cut back Arts in the schools.  It was considered much too important.  And, as a result of that basic exposure to them, he went on to become one of Ky’s most beloved performers in Musical Theatre.

Our symphonies and opera companies all over the country are in terrible trouble.  The Metropolitan Opera, the National Symphony are cutting back their schedules.  Orchestras are cutting back their salaries.  Even the Philadelphia Philarmonic is having grave problems.  I sit on a board of directors of a development organization for the Uof Ky School of Music, and just yesterday, we were being told of the serious, critical trouble our scholarship programs are in. 

When we had the Depression, FDR was very aware of the important role that the Arts play in the American Life and Conscience.  And, that is why, when he signed in the New Deal, the Arts were upheld in it.  They provide us our balance and civility.  I would hope that as we progress with this economic package that the Arts are remembered.

By Diana T on 03/12/2009 9:34 am
beverly linens

Diana T.

 We here in Oregon are the beneficiaries of many of FDR’s art works.  ——wrote songs about the Columbia River and it’s dams.  [I can’t remember his name.] Timberline Lodge is full of paintings, sculpture and fabrics done for the WPA I think.  Our courthouses and schools all over the state have paintings done the same way.  Just recently one of our art schools held a showing of  WPA work.

By beverly linens on 03/12/2009 6:04 pm
Diana T

Beverly, what hurts me so much is that so many Americans have no clue about the artists’ movements during the Great Depression, and the talent which it spawned, and also the architecture.  It kept many companies afloat so they could recover in time.  Can you imagine life without the Philadelphia or New York Philarmonic, the New York City Opera or the National Ballet Company?  Yet, these organizations are feeling the full pinch of the economic downturn; for one thing their endowments (just like those of universities) have been invested in equity funds for the purpose of growing over time.

By Diana T on 03/12/2009 6:53 pm
Mike Hunt
Diana…I’m sorry to say nobody cares about the Arts during the depression. Its insignificant. What would happen if the NY Philharmonic closed its doors? Nothing.
By Mike Hunt on 03/12/2009 11:14 pm
Diana T
Sir, everytime you post to me, you are a distraction and have nothing positive or of value to say.  Leave me alone and cease posting to me, whomever you really are…
By Diana T on 03/13/2009 7:54 am
rocky rocky
The arts @ hundreds of dollars per ticket isn’t the only or even the best way to get an audience. Artists—whether roving bands of actors or acrobats or portraitists or potters or poets or whatever—are needed in human society and as long as there is bread to share and a clean space to rest they will be with us … prolific, wonder-inspiring, enlightening.
By rocky rocky on 03/12/2009 9:47 am
Diana T
Thank you, Rocky, for bringing up this very important point.  Most companies are small, struggling under the best of circumstances.  Most artists, both visual & performing, are doing these things because of their gifts granted to them by God, and with their inspiration to know they must create…
By Diana T on 03/12/2009 6:56 pm
C jay

One of America’s greatest arts programs is Artrain (based on Ann Arbor, MI).  www.artrainusa.org 

With the railroads CEOs contributing track, the Artrain rolls into small communites that want to lauch an arts program, with their annual exhibit on board, and provide tours for students, and the community, and artists on board to mentor students. 

Communities line up at the "tracks" in a location few knew existed to be, perhaps, exposed to an art form for the first time.

 

By C jay on 03/13/2009 8:33 am
rocky rocky
What a terrific idea! Thank you for sharing that link, C jay. I believe in the necessity of art in the human community. Whatever we can do so support all forms of creative and interpretive expression, IMO we must. There is never a situation that a bit of beauty or light cannot improve. Those who bring that light deserve our support.
By rocky rocky on 03/13/2009 10:06 am
nanchan u

SO: when I started work at a very high level company several years ago, which has an extensive and fantastic art collection, I was waiting for the elevator and there were three framed peices of what appeared to be white paper, with the artist’s name in the little box on the side.  I made the comment at that point to my boss that I probably could have done the same thing by just heading out to Michael’s for about $50 (frame included).  She told me those pictures had been bought for well over $10K each!

I don’t pretend to understand art all that well, I’m more into music.  But c’mon!  $30K for peices of white paper?

That being said (and again, maybe I just don’t understand art), the arts will survive.  Pablo Picasso painted extensively not only during the Depression but WWII as well.  And as EKA mentioned, we have a treasure trove of work from the Depression in all forms of art.

We need our arts now more than ever… I’m off to Michael’s :)!

By nanchan u on 03/12/2009 10:18 am