The Unexpected Logic of Art Economics: Arts and Inequality in 1980s New York
By Sarah Miller-Davenport
When Richard Serra’s Tilted Arc was installed in Federal Plaza in Lower Manhattan’s Foley Square in 1981, it was meant to be a pioneering work of public art that would expose New York’s masses to post-minimalist sculpture. Tilted Arc would indeed become one of the most legendary sculptures in 20th century history—but not for its artistic merit.
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