The New York Times today published an interesting article about the current state of the Japanese art market. While making some good points, it was nevertheless very over simplified and somewhat erroneous in its to description of the art of the Edo period (1615-1868) as classical Japanese art (way too late in date!) and of course the comments on the Japanese print market are misleading because that is not the pre-modern Japanese art market's only sector that should not be judged by auction prices, since higher prices are realized through sales by private dealers.