Ruprecht, Sotheby's rescuer, talks about global market

This interview with CEO and president of the publicly traded Sotheby's, Bill Ruprecht, makes references to topics such as an art valuation bubble, black markets, and demand. I laughed at myself while reading the article, because on one hand I sympathize with the line of questioning that the interviewer poses, and yet I have my economics professor's voice yelling in my mind, "It's demand you ninny! Of course Sotheby's doesn't create the market."

Thanks goodness for literacy. If I can't excel in the damned class, at least I can identify economics when it's in play.