How Government Cash Keeps the Art World Spinning: A Look at Europe’s Subsidy Game

Introduction Art isn’t just about fancy paintings or weird sculptures hanging in galleries—it’s a real money-maker, pulling in cash while putting cities on the map and fueling tourism. But here’s the thing: the art world’s a tough place to survive. It’s risky, doesn’t always turn a quick profit, and needs a little push to keep … Continue reading How Government Cash Keeps the Art World Spinning: A Look at Europe’s Subsidy Game →

Art Economy Observation Report

Introduction: Market Dynamics and Creative Value in Crisis Frieze Los Angeles 2025 took place from February 20 to 23 at Santa Monica Airport, bringing together 97 galleries from 20 countries, maintaining the same scale as the previous year. Yet, in the wake of devastating wildfires in Los Angeles, this edition transcended its role as a … Continue reading Art Economy Observation Report →

Economic Analysis Report on France’s “Tax the Billionaires Bill”

Historical Background and Passage of the Bill On the night of February 20, 2025, after intense debates, the French National Assembly passed the “Proposal to Establish a 2% Minimum Wealth Tax on the Super-Rich” (commonly referred to as the “Tax the Billionaires Bill”) with 116 votes in favor and 39 against. The bill imposes a … Continue reading Economic Analysis Report on France’s “Tax the Billionaires Bill” →

The Economics of the Reciprocal Tariff Memorandum: A Detailed Analysis

Introduction Today, we’ll dive into the recent Reciprocal Tariff Memorandum signed by President Trump on February 14, 2025, and analyze its potential impact on global trade, the U.S. economy, and major equity markets. We’ll also assess how key regions, such as Asia and Europe, may react to this policy and explore its long-term consequences on … Continue reading The Economics of the Reciprocal Tariff Memorandum: A Detailed Analysis →