SOURCE: The Art Economist

The Art Economist

March 02, 2011 12:02 ET

The Art Economist at the ADAA and Armory Shows

WEST PALM BEACH, FL and NEW YORK, NY--(Marketwire - March 2, 2011) - The Art Economist, a global publication that examines the contemporary art market in ten issues per year, is at the ADAA and Armory shows in New York. Its current issue features an article by Brooke Mason about the shows as well as expanded editorial on the economics of art and updates on the market's top 300 living artists. 

Today's Art Newspaper contains a feature on the Armory show by Charlotte Burns and Melanie Gerlis that includes comments by The Art Economist Founder and Publisher, Fred Alger, and James Hedges, founder of Montage Finance who was featured in Issue 2 of The Art Economist. The Art Newspaper reported: "With fluctuating currency levels, volatile stock markets and widespread inflation concerns, art is increasingly seen as a safe asset. 'This idea is spreading,' says Fred Alger, a former Wall Street tycoon and co-founder of new publication The Art Economist. 'There is no question that both the rising stars and the established ones represent a fine store of value.' Events this week are focusing on this potential, including the panel discussion 'Everything you can't afford to not know about art as an investment,' due to be hosted on Wednesday morning by Montage Finance. 'There will be plenty of bankers in the room,' said Montage founder, and former hedge-funder, James Hedges, prior to the event."

The Art Economist
The Art Economist is a critically informative publication serving as a constructive tool for art collectors, museums and galleries to ascertain transparency of art value in the global contemporary art market. In each issue, The Art Economist celebrates and beautifully documents the major creative and financial achievements of the world's leading living artists by ranking the top 300 living artists based on their auction results since 2008; presenting condensed profiles of 30 of those artists; offering art market analysis; providing in-depth profiles of artists and collectors; and recommending new, primary market artists to watch for their predicted, eventual success. The Art Economist further features an interactive website that offers a ticker with up to the minute news and auction results concerning artists on the continuously evolving List of 300, as well as expanded editorial.

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