Money is a necessary component of any democracy: it enables political participation, campaigning and representation. However, if not effectively regulated, it can undermine the integrity of political processes and institutions and jeopardize the quality of democracy.
Why would a smart New York investment banker pay $12 million for the decaying, stuffed carcass of a shark? By what alchemy does Jackson Pollock’s drip painting No. 5, 1948 sell for $140 million? Economist Don Thompson explores it in his book, tracing the money, lust, and self-aggrandizement of the art world in an attempt … Continue reading The $12 Million Stuffed Shark
This post 's aim is to make it easier to understand why fame & fortune is not easy to manage.