Art Fairs

Art Basel, one of the world's largest and oldest contemporary art fairs, opens to the public today; about 55,000 people will throng to it and its satellite events. Whether you consider the crowd lemmings or pilgrims may depend upon your bias -- and your bank account -- but one thing is certain: Fairs are a power shift in the art world. For good or ill, they are changing where you buy art, how you look at it, and even how artists make it.

Alexandra Peers on art fairs at the WSJ. Read it here.