The Economics Of The Art Market: Why This Painting Isn't Worth $450 Million

The Economics Of The Art Market: Why This Painting Isn't Worth $450 Million

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S2 E44: Art can be used for tax evasion and financial maneuvering; donating to museums as a charitable donation helps avoid taxes on profits. A cost-dense physical asset that can be easily stored and kept for investment purposes, art provides an ideal way for the wealthy to stash their wealth discreetly.