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How will the art market cope with stagflation?

Simon Osuji by Simon Osuji
July 3, 2023
in Art & Culture
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This week: in the final episode of this season, James Goodwin, a specialist on the art market and its history, tells us about what high inflation and interest rates mean for the art market and what lies ahead.

Madrid’s Victory Arch, built to commemorate the victory of Franco’s troops in the 1936 Battle of Ciudad Universitaria during the Spanish Civil War, is yet to be removed

Photo: Xauxa Håkan Svensson

As Spain heads to the polls in July, we talk to Emilio Silva, president of the Association for the Recovery of Historical Memory in Madrid. What could the election mean for the controversial Spanish laws of Historical Memory and Democratic Memory relating to the Civil War of 1936 to 1939 and the period of Francisco Franco’s fascist dictatorship?

Goldin + Senneby’s Quantitative Melencolia

Courtesy the artists

And this episode’s Work of the Week is a project by the Swedish duo Goldin + Senneby. The work, called Quantitative Melencolia, involves recreating the lost plate for Albrecht Dürer’s famous engraving Melencolia I. It is part of the exhibition Economics: The Blockbuster, which opens this week at the Whitworth Art Gallery in Manchester, UK.

• Economics the Blockbuster: It’s not Business as Usual, Whitworth Art Gallery, until 22 October. The Manchester International Festival, until 16 July.

• The Week in Art is back on 1 September.

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