Rachel Higgins

Diminishing Returns

2018

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Expanded polystyrene, mixed synthetic stone, steel

A series of sculptures as paintings, made from synthetic stone, an exterior wall cladding used to surface commercial buildings.

All titles in this series are taken from speculative economic theory. The “production possibility frontier” is defined as an economic model and visual representation of the ideal production balance between two commodities given finite resources.

Possibilities Frontier, 36 x 48 x 2 3/4 inches

Allocative Efficiency, 49 1/2 x 36 1/2 x 3 inches

Diminishing Returns, 72 x 72 x 2 5/8 inches

Marginal Rate of Substitution, 60 1/2 x 38 x 2 3/4 inches

Installation views at NADA House, Governor's Island, NY 2018