1. theeconomist:

Daily chart: the world’s most expensive art. When Edvard Munch painted “The Scream” he did not have enough money to buy canvas, so the painting that sold on May 2nd at Sotheby’s for $120m is on cardboard. Yet the sale is only a record in nominal terms: adjusted for inflation, several more expensive paintings have been sold.

    theeconomist:

    Daily chart: the world’s most expensive artWhen Edvard Munch painted “The Scream” he did not have enough money to buy canvas, so the painting that sold on May 2nd at Sotheby’s for $120m is on cardboard. Yet the sale is only a record in nominal terms: adjusted for inflation, several more expensive paintings have been sold.

  2. 
The Association of Greek Archaeologists says the Greek government is failing to protect Greece’s cultural heritage, leaving the country’s antiquities up for grabs.
Greece’s economic woes have forced the country to adopt tough austerity measures, resulting in severe budget cuts. Last week, staff at Greece’s culture ministry took to the streets in front of the National Archaeological Museum. They warned that the austerity programs are hurting their work. More.
(Image: A poster from the Association of Greek Archaeologists, archaeologymatters2.)

    The Association of Greek Archaeologists says the Greek government is failing to protect Greece’s cultural heritage, leaving the country’s antiquities up for grabs.

    Greece’s economic woes have forced the country to adopt tough austerity measures, resulting in severe budget cuts. Last week, staff at Greece’s culture ministry took to the streets in front of the National Archaeological Museum. They warned that the austerity programs are hurting their work. More.

    (Image: A poster from the Association of Greek Archaeologists, archaeologymatters2.)

  3. How will we save the floundering global economy? By becoming pirates.

    At least, the good kind of pirate. Just the treasure-hunting kind. Not the pillaging, pilfering, ne’er-do-well cads kind.

    Cash-strapped governments across the world are turning to deep-sea treasure hunts to bring in the moola to empty treasuries. The U.K. just jumped on the bandwagon, commissioning the salvage of a WWI era ship carrying about $200 million of silver that was sunk by a German U-boat in 1917.

    Mark Gordon, the president and COO of Odyssey Marine Exploration, which found the Mantola wreck, says this is just the tip of the iceberg — in terms of wrecks on the sea floor. Gordon says there are, according to the United Nations, 3 million shipwrecks on the sea floor with cargoes he estimates to be worth, “safely,” billions and billions of dollars just waiting to be hauled up.

    Read more at PRI.org

  4. This breaks my heart. The kicker is the $10 billion for vacation homes and yachts over after-school programs. Brutal.
thenewrepublic:

The devil is in the details. Here’s a comparison of what is in the debt deal, both for the haves and for the have-nots.
Graph via MoveOn.org.

    This breaks my heart. The kicker is the $10 billion for vacation homes and yachts over after-school programs. Brutal.

    thenewrepublic:

    The devil is in the details. Here’s a comparison of what is in the debt deal, both for the haves and for the have-nots.

    Graph via MoveOn.org.

About me

The PRI Arts Tumblr is a collection of beguiling items created by our producers or found by our curators. PRI produces and distributes news, current events, arts and music content for radio, web and on-demand.

Likes