Collecting – Expertise – Art Market
(field of studies: Cultural Studies)

I am willing to let it rest on the determination of every reader, whether the pleasure which he has received from these effects of calm and luminous distance be not the most singular and memorable of which he has been conscious... It is not then by nobler form, it is not by positiveness of hue, it is not by intensity of light... that this strange distant space possesses its attractive power. But there is one thing that it has, or suggests, which no other object of sight suggests in equal degree, and that is—Infinity. ...No work of any art, in which this expression of infinity is possible, can be perfect or supremely elevated, without it.

Usually the work of several generations is needed to develop that formal system which later is called the style of the art, from its simple beginning to the wealth of elaborate forms... The interest of the artist is concentrated on this crystallization, where the material... takes, through his action, the various forms that are initiated by the first formal concepts of this style. After completion the interest must fade again, because... "interest" means... to be with... to take part in a process of life... [H]ow far the formal rules of style represent that reality of life which is meant by the art cannot be decided from the formal rules.

If an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.