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On 20 November 1993, The Economist reported on the K Foundation prize and placed it in context.
" Every autumn for the past ten years, an increasingly bad-tempered squabble has raged between, on the one hand, many of Britain's art critics and its popular media, and on the other, its avant-garde " establishment ," the small croterie of art historians, curators, and dealers who control the Turner prize.
" Predicting that Rachel Whiteread, creator of the controversial sculpture, House, would win both awards, the magazine said that, if it were so, " the vast numbers of people who equate contemporary art with rubbish will, yet again, feel vindicated.

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