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Art Basel Miami Beach and the New Economy

The following is a repost of my original texts on an Artworld Salon thread regarding Art Basel Miami Beach.

In the past, my reasons for going to Miami were only partially motivated by ABMB and the various satellite fairs. There were museum openings, collections to be viewed, a whole panoply of local galleries and artists, various curated shows, book signings, concerts and outdoor events which made Miami a hundred ring circus during that heady week.

All of this will again be happening in a few days, but of course it is ultimately based on the central commercial premise of the fairs, and would not be scheduled but for that thriving center. If money is not being abundantly spent, if art is not being sold, if the top echelon of movers and shakers does not show up with open wallets, the whole house of cards can easily fall down.

Art Basel (in Switzerland) has survived previous economic downturns, but ABMB, its younger and glitzier offshoot, has not. The excesses of ABMB since 2002 have been nurtured by a continuous art boom. It will be interesting to watch a new sobriety take hold, to see if the words “sober” and “Miami” can be uttered by the art world in a single breath.


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