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Rachel Cohen

Gold, Golden, Gilded, Glittering

Read the essay in The Believer

Thursday, November 01, 2012

This essay, on a long complex history of overlap in financial and artistic inventions, appeared in The Believer in the Nov / Dec 2012 issue.  

"In fact, we have long entrusted the task of representing our ideas of value to members of two professions that might seem to have little in common: banking and art. And, in the last seven hundred years or so, it has happened more than once that visual and financial inventors have come up with strikingly similar representations. There is more than a shadow of resemblance between the purchase of the Hirst skull in 2007 and the mortgage-backed-securities debacle that made of Lehman Brothers in the following year one of the great public pictures of vanitas we’ve had. And, when you look further into these intersections, you often find that what is really at stake is a change in the way we feel and understand time."