The Digest. 01.17.08.

Art for Stoners: A video installation by Michael Bell-Smith at Foxy Production in NYC, through February 16th. More videos here and here.

• “There has never been a better time to take a whiz in Washington”: Stephen Colbert gets his portrait hung (by the bathroom) at the National Portrait Gallery in D.C. (Via NY Mag.)
• Good luck with that: An economist tries to understand the economics of the art industry in a new book, the $12 million Stuffed Shark.
• In related news: The next art market: Dubai.
• ¡¡Artworld Smackdown: Cold War Edition!! Russia versus the British Council. (Get the background.)
• ¡¡Artworld Smackdown: Blogger Throwdown Edition!! Anaba versus Modern Art Notes.
• Astor, Green and Lacayo ruminate on the LACMA/Broad mess.
• Graff of the Day: Passenger in Santa Barbara.
• The Subconscious Art of Graffiti Removal.
• The identity of the Mona Lisa: As (not) enthralling as finding out who Deep Throat was.
• Kanye West, architecture critic.
• Frank Gehry to do an architectural installation this summer at London’s Serpentine Gallery.
• Bouncy balls take over Rome’s Spanish steps.
• The Earth—without people.
• In Austin: The World is Making Us Look Bad, with William Hundley, Paul Moncus, Stacey Farrar and Peter VonDiest at Bolm Gallery, opening Saturday.
• In Chicago: Least Wanted: A Century of American Mugshots at Intuit, opening tomorrow, and Nicolas Lampert’s machine animal collages at Gescheidle.
• In L.A.: Graciela Iturbide at the Getty Center. (Via marshallastor.com.)
• In São Paulo: Made in America (featuring Dalek, Camille Rose Garcia and Tim Biskup, among many others) at Choque Cultural Gallery, in collaboration with Jonathan Levine, opening Saturday.
• In China: Jinhua Architecture Park.
• Your moment of Peanuts, hey ya edition.