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Artists' Pension Fund Bets on Future Worth of Works

An innovative program in New York will have diverse artists contribute samples of their work to a trust. Over time, some of the works should increase in value. The money raised will allow the trust to pay out pensions when the artists retire. NPR's Rick Karr reports.

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Rick Karr contributes reports on the arts to NPR News. He is a correspondent for the weekly PBS public affairs show Bill Moyers Journal and teaches radio journalism at Columbia University.