A New Pension Fund for Struggling Artists
Don Cogswell forwarded an article about a fascinating idea and a possible boon for some artists. Essentially, the Artist Pension Trust invites selected emerging artists to contribute 20 pieces of work to a tax-protected fund over a 20-year period. The fund's founders calculate that at least some of the art will appreciate significantly, thus producing a profit for investors. Each invited artist will share in the profits, even if his or her own work doesn't increase in value. Interesting combination of capitalism and socialism. More at www.artistpensiontrust.org.