In Holland Cotter's February 12th entry on nytimes.com, he addresses the effect the economic crisis has on the art world. When money is abundant, it seems that the art world suffers. The wealthy spend their money on contemporary "trendy" works and, therefore, influence the art world to homogenize. The "boom may be over", but it appears that it will allow for more artists to flourish and encourage imagination and diversity.
http://www.nytimes.com/2009/02/15/arts/design/15cott.html?pagewanted=1&_r=2&ref=design
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