A journey across four continents to the heart of the conflict over who should own the great works of ancient art

Why are the Elgin Marbles in London and not on the Acropolis? Why do there seem to be as many mummies in France as there are in Egypt? Why are so many Etruscan masterworks in America? For the past two centuries, the West has been plundering the treasures of the ancient world to fill its great museums, but in recent years, the countries where ancient civilizations originated have begun to push back, taking museums to court, prosecuting curators, and threatening to force the return of these priceless objects.

Where do these treasures rightly belong? Sharon Waxman, a former culture reporter for The New York Times and a longtime foreign correspondent, brings us inside this high-stakes conflict, examining the implications for the preservation of the objects themselves and for how we understand our shared cultural heritage. Her journey takes readers from the great cities of Europe and America to Egypt, Turkey, Greece, and Italy, as these countries face down the Louvre, the Metropolitan Museum, the British Museum, and the J. Paul Getty Museum. She also introduces a cast of determined and implacable characters whose battles may strip these museums of some of their most cherished treasures.

For readers who are fascinated by antiquity, who love to frequent museums, and who believe in the value of cultural exchange, Loot opens a new window on an enduring conflict.

Why would a smart New York investment banker pay $12 million for the decaying, stuffed carcass of a shark? By what alchemy does Jackson Pollock’s drip painting No. 5, 1948 sell for $140 million?

            Intriguing and entertaining, The $12 Million Stuffed Shark is a Freakonomics approach to the economics and psychology of the contemporary art world. Why were record prices achieved at auction for works by 131 contemporary artists in 2006 alone, with astonishing new heights reached in 2007? Don Thompson explores the money, lust, and self-aggrandizement of the art world in an attempt to determine what makes a particular work valuable while others are ignored.

            This book is the first to look at the economics and the marketing strategies that enable the modern art market to generate such astronomical prices. Drawing on  interviews with both past and present executives of auction houses and art dealerships, artists, and the buyers who move the market, Thompson launches the reader on a journey of discovery through the peculiar world of modern art. Surprising, passionate, gossipy, revelatory, The $12 Million Stuffed Shark reveals a great deal that even experienced  auction purchasers do not know.

Combining pictures, words, and a wealth of personal ephemera, scrapbook makers preserve on the pages of their books a moment, a day, or a lifetime. Highly subjective and rich in emotional content, the scrapbook is a unique and often quirky form of expression in which a person gathers and arranges meaningful materials to create a personal narrative. This lavishly illustrated book is the first to focus attention on the history of American scrapbooks—their origins, their makers, their diverse forms, the reasons for their popularity, and their place in American culture.

Jessica Helfand, a graphic designer and scrapbook collector, examines the evolution of scrapbooks from the beginning of the nineteenth century to the present, concentrating on the first half of the twentieth century. She includes color photographs from more than two hundred scrapbooks, some made by private individuals and others by the famous, including Zelda Fitzgerald, Lillian Hellman, Anne Sexton, Hilda Doolittle, and Carl Van Vechten. Scrapbooks, while generally made by amateurs, represent a striking and authoritative form of visual autobiography, Helfand finds, and when viewed collectively they offer a unique perspective on the changing pulses of American cultural life.

Published with assistance from Furthermore: a program of the J. M. Kaplan Fund