Thinking about today's headlines, it made me realize that economists — and conventional wisdom — would like us to think of financial
markets as physical objects that merely react to Newton's First and Second Laws of Linear Motion (remember them?)
For an industry that has suddenly gone from dominant (sole)
market player to segment - oriented player that probably makes sense, because book publishers sell books
as physical objects.
Tino Sehgal, who produced no
physical object, simply the chance to discuss
market economics in an empty gallery, was a popular choice among people who like to think of themselves
as a touch edgy, and with cynics who believe the judges will inevitably opt for what most offends the tastes of the common man.