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UAL Research Online

Burning Kroner

Goh, Annie (2016) Burning Kroner. [Art/Design Item]

Type of Research: Art/Design Item
Creators: Goh, Annie
Description:

Whilst researching the location of Stiftelsen 3,14 at the Old Norges Bank at Vågsallmenningen, Bergen, I came across the myth that at some point during its usage as a bank, the management would order money to be burned in order to control national interest rates. Constructed in 1845 and decommissioned as a bank in the 1980s, the building now functions primarily as a space for contemporary art. Since the 2008 financial crash, whilst the rest of Europe’s arts funding has suffered huge cuts, Norway’s oil wealth has allowed its cultural scene to flourish, apparently bidding to spend 1% of total government budget on culture (Financial Times, 2012). In a sense, the use of the space of the former bank for art is a consequence of Norway’s relative abundance of arts funding, looked upon jealously by European neighbours. Exploring the myth under the jocose title “Burning Kroner”, with a nod back to K Foundation’s infamous 1994 action “K Foundation Burn a Million Quid”, the piece situated in the entrance hall to the gallery is an in situ sonic meditation on what it means to burn money for art.

Sound installation at PARABOL, Bergen.

Your affiliations with UAL: Colleges > Central Saint Martins
Colleges > London College of Communication
Date: 17 November 2016
Related Websites: https://www.kunsthall314.art/parabol
Locations / Venues:
LocationFrom DateTo Date
Parabol, Bergen, Germany17 November 201611 December 2016
Date Deposited: 27 Jan 2020 14:33
Last Modified: 27 Jan 2020 14:33
Item ID: 15411
URI: https://ualresearchonline.arts.ac.uk/id/eprint/15411

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