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"The twentieth century was a time of rapid globalization for advanced art. Artists from a larger number of countries made important contributions than in earlier periods, and they did so in a larger number of places. Many important innovations also diffused more rapidly, and more widely, than in...
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important change involved the structure of the market for advanced art. Innovation had always been the hallmark of important art … satisfy powerful individual patrons or institutions. The overthrow of the Salon monopoly of the art market in Paris and the … rise of a competitive market for art in the late nineteenth century removed this constraint, and gave advanced artists an …
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"In recent years, some English critics have claimed that Damien Hirst and his fellow young British artists have made London the new center of the advanced art world. As Hirst reaches the age of 40, this paper uses auction results to measure the importance of the YBAs compared to their American...
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