A survey by the Office for National Statistics in May revealed that the British are changing their spending habits. Instead of filling our homes to the rafters with consumer durables and not-so-durables, we’re spending our spare cash on ‘experiences’, including recreation and, yes, culture. “People are interested in servicing a lifestyle rather than buying stuff,” one trend forecaster commented in […]

                          Another month, another book on the contemporary art economy, this time from an overlooked perspective. The New Economy of Art, a joint publication by DACS and Artquest, looks at the art market from the POV of the average artist. Not surprisingly, it finds plenty to puzzle over. […]