Tuesday, January 29, 2013

The urge to regulate runs strong in some circles

The New York Times is discovering that caveat emptor is not yet dead, at least in the art market. Apparently auctioneers use various techniques to push up the bidding for objets, and poor and underprivileged putative purchasers of fine art might not be getting the lowest possible price. I, for one, was shocked to learn that. Naturally, the solution is more government.

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