When Banksy Gets Rich, All His Friends Do Too

Speaking of art, by way of Archinectwe found this story in the Telegraph a lot of fun: “Art Sales: Graffiti Draws a New Crowd.” It asks the question, “what happens when Banksy sells a painting at the recent Frieze Art Fair for $323,000?” and then immediately answers: everything else in his style of graffiti-esque, street art starts commanding huge amounts too. This writer doesn’t know much about the art world, really, but we kinda guessing that, if you’re curious about how the economics of that industry work, here’s your primer.