Racing To Be The Biggest Spender On A Middling Picasso

“Let’s imagine, for a minute, that this picture truly was a great cultural landmark. Would Tuesday night’s record deserve celebration, even then? What would a Martian anthropologist make of a society that produces a roomful of bidders with such vast reserves of surplus cash that they can drop more than $100 million on a fancy picture — while millions of their fellow citizens have their homes repossessed?”