The Feed - News That Doesn't Hurt

maid marrion: SO WHATS YOUR POINT?

Thomas Kinkade is an art painter and art dealer.  The value of art is in the eye of the beholder and the price the artist places on the work of art.  The United States is inundated with art so what the art market does is undervalue and overvalue art in order to make a profit.  There are some good artists out there, but just like any profession they need to make it to the next year, so custom art is not cheap and in the mass market the profit is shared.  It is fraud to devalue art for investors leaving them broke after an investment, because the price must be set for the works of art to pay all expenses (according to economics you must at least be able to cover expenses to the next round of sales and when you can do that, you are in business).  Just like in engineering and science the customer wants it for 0.75 cents but the engineer likely has two degrees and years of classes, and then the engineer is expected to do this for a career, so anything less than $90,000 a year is insane, because it is a ruining for all of that work and then be undervalued, and, also, working every other year due to the job market just doubles the cost where not everyone always needs an engineer or puts them on salary; any other materials needed also cost such as additional certifications and this is also part of that price, and the customer has a hard time caring less about the future of their engineers on contract.


Just like engineering art has a price called cost of living and sales of talent.  One thing about business, if there is no profit, then the entire business should be impacted where Thomas Kinkade should also see a loss of value; and, being in the art mass market Kinkade should have all the financial ties for investors and that means a percentage of the gross and not profit, because people define profit in funny ways such as cost of talent that has no real value beyond a communicated word.