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.