This story originally appeared on the CBS 60 Minutes show that aired April 1, 2012
Did you watch the 60 Minutes report by Morley Safer on the contemporary art scene?
Morley Safer is back on the art beat, and although he doesn’t like much of what he sees at Miami’s Art Basel, there’s no denying that sales are strong.
What does the strength of the contemporary art market tell us? What can we learn from the success of the contemporary art market?