The Art Market

This doodle in lipstick by Kate Moss shows how the art market works. It sold for £33,600 in London yesterday. The BBC is so excited by this news that it posted the story on its website no less then four times at the weekend! I'm not going to knock Kate's doodle, because it does show some artistic talent, but in no way does it merit a price of £33K. At least, it wouldn't merit that price if it hadn't been drawn by someone famous. And that's how the art market works. Fame, not quality, controls the price. What annoys me isn't that this is so; it's that art pundits and institutions insist on telling us how wonderful an artist is simply because he or she achieved notoriety. Kate Moss for Tate Modern?