“In his view, the increasingly limited auction inventory we see for almost all former stars of the Zombie wave is a product of backward strategic thinking. What one art advisor, Candace Worth, calls “controlling supply in a more positive way,” Simchowitz calls [taking] all the air out of the market.” He further argues that galleries that represent major estates rely on the dead to keep themselves flush, which disincentivizes them to do the hard work of slowly but steadily building up young artists at prices welcoming to a diverse group of collectors.”
