Stars Rise, Stars Set

by Asher Edelman, November 1, 2018 The art market, in descent, reveals stars both rising and falling. Evening auctions are always great aids at understanding trajectory, and those of Sotheby’s…

From Gordon Gekko to Gallery Guru

Former cutthroat financier Asher Edelman, known for corporate activism and leveraged buyouts in the 1970s and 1980s, has in recent years become celebrated for his impact on the art world….

??Italian Bank Rescue??

Dear Friends, Smoke and mirrors again. In the end, the Italian banks will be saved, if at all, by wiping out creditors and equity holders. Many of the creditors are…

Levy Economic Institute

Dear Friends, I am writing this note in the hope that you, like me, will have an interest in sponsoring one of the few institutions of fair-minded economic thinking. The…