Thursday, August 16, 2007

Art Industry Is Big Bucks

I knew they brought in money but I never knew it was this much.
The study's results show that this field generates $166 billion in
economic activity every year, resulting in almost $30 billion in federal, state
and local tax revenue.

It also provides 5.7 million jobs as well. I guess buying, selling, showing, and creating art is quite a big deal. I wonder if it would be possible for a really rich guy to buy out a bunch of galleries and become a mighty patron in the industry. A kind of arbitrator of taste in the art work by sending the bucks in the right direction.

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