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The financial sector drives the high-end art market to great heights of absurdity because high-end art can be tax dodges and a show of conspicuous consumption for the obscenely wealthy. Why would anyone pay $12 million for the decaying carcass of a shark suspended in a small, fake aquarium? Is it the lure of acquiring anything by Damien Hirst, the most shameless self-promoter since Salvador Dali? The quasi-philosophical title of the shark is "The Physical Impossibility of Death in the Mind of Someone Living." Does the title alone qualify it as art because it gives the viewers a hint that it is a memento mori? Maybe, but the real question of this book is "How does the art world assign value to art, and why do people pay it?"
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