Bill Bonner

Humbugs, scallywags, hustlers and fools

Humbugs, scallywags, hustlers and fools

issue 10 June 2006

If a bull market can turn a moron into a genius, the art market deserves government funding. It has done for the elite what the housing boom has done for the lumpen. They all think they deserve a Nobel Prize. What a delight for the art-mongers! The buyers’ pockets are full, their heads are empty, and the coast is clear.

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