“This is a beautiful piece,” says Andrea Fraser, an artist with conflicted feelings about luxury goods and art markets. “A sophisticated composition of austere dignity,” she continues slyly. We’re on our third of three Zoom calls. Fraser is in New York for her Phoebe Philo photoshoot, and I’m at home in San Francisco. The artist is reciting lines from her 1991 satirical performance May I Help You?, where she plays the role of an art dealer. “It’s distinctive,…

