The Ethical Cost of High-Price Art

If artists, art critics, and art buyers really had any interest in reducing the widening gap between the rich and the poor, they would be focusing their efforts on developing countries, where spending a few thousand dollars on the purchase of works by indigenous artists could make a real difference to the wellbeing of entire villages.

→ Project Syndicate

A Grieving Father Pulls a Thread That Unravels BNP’s Illegal Deals

A bus bombing two decades ago — and a New Jersey father’s quest for justice — inadvertently set off a chain of events that led American prosecutors to accuse some of the world’s biggest banks of transferring money for nations like Iran.

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“The fact that our case laid the groundwork for these actions is really a tribute to Alisa who would be 40 this year,” he said.

→ Dealbook