Agnes Ray
AGNES RAY
A Pair of Swan Pairs

Dark Pools

Cyclogenesis, Dark Pools, Duo Trio, Marking Time, Pattern Recognition, Subtle Sea

Dark Pools for a Gilded Age is about wealth, its legacy in American history, and the boundaries between public and private life. Income inequality has risen spectacularly in the U.S. since the 1980’s and is now poised to overtake the historical high of the 1920’s. As the rate of income inequality has risen so has the popularity of ‘dark pool’ investing. In finance, a dark pool is a private forum for trading securities. Unlike stock exchanges, dark pools are not accessible to the investing public. As of 2014 industry experts estimate that as much as 15% of U.S. equity trading volume is taking place in dark pools, hidden from public view.

 

As we navigate what could be considered a second gilded age it is appropriate to reflect on the first. At the turn of the twentieth century Andrew Carnegie may have been the richest man in the world. In his article, “The Gospel of Wealth,” Carnegie proclaimed it the duty of the rich to give away their fortunes through projects supporting the “common good.” Carnegie lit upon the scheme of building libraries as a means to this end. In all, Carnegie funded the construction of over one thousand library buildings in the U.S. between 1893 and 1919. Today, many of those buildings have ceased to function as libraries and now serve as local museums and community arts centers. In this way, Carnegie’s private wealth has been converted to public capital.

A Pair of Swan Pairs

A Pair of Swan Pairs

2018. From top to bottom: 26” x 40 ½”, 30” x 40 ½.” Acrylic on archival print.

Descending Fountains

Descending Fountains

2018, From left to right: 20” x 17,” 16” x 20,” 13 ½” x 20.” Acrylic on archival print.

Descending Fountains (detail 1)

Descending Fountains (detail 1)

20” x 17.” Acrylic on archival print.

Descending Fountains (detail 2)

Descending Fountains (detail 2)

16” x 20.” Acrylic on archival print.

Descending Fountains (detail 3)

Descending Fountains (detail 3)

13 ½” x 20.” Acrylic on archival print.

Dark Pools for a Gilded Age: Killenworth

Dark Pools for a Gilded Age: Killenworth

2016. Acrylic on archival print completed in collaboration with the Carnegie Center for Art and History, New Albany, IN.

Dark Pools for a Gilded Age: Beacon Hill House

Dark Pools for a Gilded Age: Beacon Hill House

2016. Acrylic on archival print completed in collaboration with the Carnegie Center for Art and History, New Albany, IN.

Dark Pools for a Gilded Age: Waveny

Dark Pools for a Gilded Age: Waveny

2016. Acrylic on archival print completed in collaboration with the Carnegie Center for Art and History, New Albany, IN.