Art: A Boston Theft ReflectsThe Art World's Turmoil
(3 of 3)
The black market is right behind the white. The worldwide volume of art thefts is now epidemic: a business, according to Constance Lowenthal of New York City's International Foundation for Art Research (set up to keep records of reported art thefts), that turns over between $1 billion and $2 billion a year. That was about the global size of the legitimate art business a generation ago. Around 90% of stolen art is never found. If one wanted a perfect example of how the crazed art market has come to work against American museums and their public, what happened in Boston last week would be it.
- « PREV PAGE
- 1
- 2
- 3
Most Popular »
- Israel vs. Hizballah: Drumbeats of War
- Super-Earth: Astronomers Find a Watery New Planet
- Church Group Attacks Christmas Commercialism
- The Pentagon Prepares for a Missile Attack from 'Iran'
- Under U.S. Pressure, Pakistan Balks at Helping on Afghan Taliban
- America's Most Wanted Teenage Bandit
- Proposed 'Botox Tax' Draws Wide Array of Opponents
- Why Home Churches are Filling Up
- Study: European Muslims Feel Shut Out
- The Teddy Awards for Political Courage
- Church Group Attacks Christmas Commercialism
- Super-Earth: Astronomers Find a Watery New Planet
- Why Home Churches are Filling Up
- The Teddy Awards for Political Courage
- The Pentagon Prepares for a Missile Attack from 'Iran'
- Proposed 'Botox Tax' Draws Wide Array of Opponents
- Majority U.S. Population Non-White by 2050
- Study: European Muslims Feel Shut Out
- Tax Reform Means Working Moms Do Less Housework
- Singapore: 10 Things to Do in 24 Hours
Top Stories on TIME.com
Quotes of the Day »
SERGEI LAVROV, Russia's foreign minister, announcing that a new U.S.-Russia
nuclear arms reduction treaty faces further delays and is unlikely to be
signed this week
RSS