Economics Explained

Name: The Economics of the Art Market: Why This Painting Isn't Worth $450 Million
Duration: 16 min 45 s

S1, EP44 "The Economics of the Art Market: Why This Painting Isn't Worth $450 Million"

Art can be used for tax evasion and financial maneuvering; donating to museums as a charitable donation helps avoid taxes on profits; art provides an ideal way for the wealthy to stash their wealth discreetly.