Asher Edelman on The Art Market Slump

This is a brief, vague bit from CNN, which doesn't at all get to the heart of the issue of the exorbitant prices at which art (not just blue-chip at auction) has been traded in the past 50 years, and the essential rethinking of art's role in society that this economic crisis (along with the new media generation and changing forms of consumption of culture) will compel some to undertake. However, it's always fun to see art people on mainstream television.