A lot of the most-talked-about art of the past decade or so was shiny, shrill and brazen. Damien Hirst's diamond-crusted skull, Jeff Koons' big mirror-steel bling things, Richard Prince's slutty-nurse paintings: they were all the swaggering output of a boom time. There were plenty of artists working in a different key, but no one could claim that anguished moralists were the representative figures of the age.
Does the financial collapse mean that a hushed and chastened mood will come upon the art world? Don't count on it. Remember how 9/11 was supposed to usher in the end of irony? That didn't...