There was an interesting piece on the intangible economics of fine art in this weekend’s NYT Magazine that explains the difference between the markets for art and other luxury goods (like gold and property): “Because the art market isn’t regulated like financial securities, insider dealing is generally not illegal.”
“I’m writing about people. Man involved in the human dilemma, facing the problems bigger than he, whether he licks them or whether they lick him. But man as frail and fragile as he is, yet he will keep on trying to be brave and honest and compassionate, and that, to me, is very fine and very interesting — and that is the reason I think any writer writes.” William Faulkner on why writers write in a rare recording from the University of Virginia, via Brain Pickings.
Even though Harper Lee hasn’t given an interview in 50 years, her letters are an insight into the notoriously reclusive writer.”I simply don’t give interviews, because it takes great skill to ask meaningful questions and very few people in the media have it,” she wrote in a 2005 letter. Two of Lee’s letters will be auctioned today and are expected to go for at least $2,500 a piece. Pair with: Our essay on reclusive authors.