During Professor Conway’s lecture, I realized that my home base is in economics, despite the fact that it does not come naturally to me. What I have learned through my economic studies affects the way I see and approach the world. When I go to a museum, while I am fascinated by what I see in front of me, I am ultimately curious about the sticker prices of what is in front of me.
I want to go to an art museum – maybe the MoMA or the MFA in Boston. I want to try pricing a piece of art there. I want to learn more about how art is valued. Just like Professor Conway said in class, the valuation of art is subjective – the subjective-ness is what fascinates me. How can a work like Van Gogh’s The Starry Night be so highly priced while my drawing of a starry night is not? If I say my piece is expensive and others back me up, does that mean my piece will be valued highly? What exactly drives the pricing of art?