Tuesday, May 4, 2010

Current Event #2

On CNN.com, I found an article about Picasso selling his art for a record price of $106.5 million dollars. For one piece of art, it costs more than to buy a humongous mansion. Art nowadays are more expensive especially from famous artists because they are not alive anymore to make such marvelous art. This connects to the lack of art ambition in the 1900s in the United States. During the 1900s, the United States went through wars, the Great Depression, and assassinations of presidents. People at the time did not have the money to buy expensive art from around the world. Today, the economy is finally getting better than before, and more people are spending money on items that want rather than they need.

CNN. "Record price puts Picasso firmly into his Green Period." May 4, 2010. < http://news.blogs.cnn.com/2010/05/04/record-price-puts-picasso-firmly-into-his-green-period/?hpt=T3 > (accessed May 4, 2010)

1 comment:

  1. I don't understand why they would sell a pice of artwork so unique like Picasso's. If someone used that money to donate to an organization their money would be well spent. Oppose to buying one painting for that ridiculous amount of money. This blows my mind.