Art and the Economy
September 15th, 2008 10:39pm by John MaedaI thought this story in the NYT was an interesting point of light today amidst the rollercoaster ride in today’s stock market. I was reminded of inauguration speaker MIT Prof. Nicholas Negroponte’s point during his keynote at RISD that, “Hundreds of years from now we will not remember our corporations of today or even prominent politicians.” Instead we will be remembered for the great art that our society will leave for future generations. It follows that great art is a great loooooooong-term investment. So if you’re going to invest, think about investing in art.
PS My blogging teacher Mike Lee posted a web video of my inauguration speech and some of the day’s festivities. Thanks Mike!