The Art Economy: An Investor’s Guide to the Art Market . This book written by Clare McAndrew and published by The Liffey Press in 2006. It looks at the development of the global market for works of art, focusing on the value of art as a financial investment and breaking down some of the myths about the art economy. It provides a comprehensive guide to the art economy covering all aspects of its structure including supply, demand, returns to investing and risk. It also looks at the government’s role in regulating the art market and the effects of policies, taxation and royalties on the art trade.