“My colleagues . . . are all moaning about the high prices for works of art and the changes in the tax laws that have had a great impact on museums and the building of collections. But I don’t think it’s totally negative. What does a museum do? It rethinks priorities. Where will it put its attention if this continues? On younger artists--a very good thing because the works are still reasonable in price.”
--Richard Koshalek, director of Los Angeles’ Museum of Contemporary Art, in Artweek.