Lost Art: The Art Loss Register Casebook Volume One

(Hardback)

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Description

Countless dollars of art are stolen or looted every year, yet governments often consider art theft a luxury problem. With limited public law enforcement, what prevents thieves, looters and organised criminal gangs from flooding the market with stolen art How can theft victims get justice even decades after their loss What happens if the legal definition of a good title is at odds with what is morally right Enter the Art Loss Register, a private database dedicated to tracking down stolen artworks. Blocking the sale of disputed artworks creates a space for private resolutions often amicable and sometimes entertainingly adversarial. This book is based on ten cases from the Art Loss Registers archive, showing how restitutions were negotiated, how priceless objects were retrieved from the economic underworld and how thieves and fences end up in court and behind bars. A fascinating guide to the dark side of the global art market.

Reviews

"Few markets are more glamorous--or more perilous--than the market for art. With billions of dollars transacted internationally and no shortage of crooks eager to grab their share, small armies would seem necessary to make the art market work. Yet remarkably, Shortland shows, its success owes mostly to private institutions, chief among them the Art Loss Register. Lost Art is a fabulous and fascinating investigation of the governance mechanisms that make the art market tick."--Peter Leeson, George Mason University

Author Bio

ANJA SHORTLAND is a Professor in Political Economy at Kings College London specialising in the economics of crime. She studies private order systems in the worlds trickiest markets: hostages, hijacked ships, fine art and antiquities. She researches how people work and invest in complex and hostile territories and studies trades between legal and illegal enterprises. Her previous book, Kidnap: Inside the Ransom Business revealed how special risk insurance at Lloyds of London helps to bring abducted people home safely.