From the Russell Sage Foundation, here are the papers from Rethinking Finance, a conference on the economic lessons from the financial crisis. The introduction to Governance of Global Financial Markets: The Law, the Economics, the Politics by Emilios Avgouleas. William Cohan on how we got the crash wrong: Leverage was not the problem — incentives were, and still are. Heist of the century: Wall Street's role in the financial crisis. Myths of the great financial meltdown: Five years after the U.S. economy teetered on collapse, here are five reasons why we need to stop pointing fingers and fix the problems that nearly sank us. Since the very public resignation of angry executive Greg Smith, in March, Goldman Sachs has faced new speculation about its future, and that of C.E.O. Lloyd Blankfein. Yes, Jamie Dimon should lose his seat on the New York Fed board — but why stop there when America's financial regulation is such a mess? Justin Fox on the problem with the profit motive in finance. The creepy dudes of Wall Street: Are finance guys losing their mojo on the dating scene, too?
From the Journal of Comparative Research in Anthropology and Sociology, a special issue on Empirical Evidence: Varieties of Sociological Argumentation. From NYRB, John Gray on the violent visions of Slavoj Zizek. From Phyllis Schlafly Reports, a look at the phony divide between fiscal and social issues; and a special issue on winning where it counts — in the courts. The Supreme Court's rightward shift: Even before the Obamacare decision, the Roberts court was on its way to becoming the most conservative in decades. Chris Hayes has arrived with “Up”. Can Mario Monti save Italy — and the euro? Impossible Germany: Thomas Sargent on Europe’s debt crisis. Vague, general or downright evasive policy prescriptions on some of the most important issues facing the country are becoming the rule for Mitt Romney. Bid to become liar-in-chief: Spin is normal in politics, but Mitt Romney is pioneering a cynical strategy of reducing fact and truth to pure partisanship. A look at how Arabic manuscripts show it used to snow in Iraq. A review of The Philosophy of Wine: A Case of Truth, Beauty, and Intoxication by Cain Todd.
Some of us still have shelves of it, some download it, others stream it online; Simon O'Hagan spends a week with each of the main ways of consuming music in 2012. Music snobbery and the case for pop: Pop music’s accessibility can produce a backlash from discerning listeners, but high sales figures should not necessarily be viewed as a sign of an artist’s aesthetic descent. Why do some child prodigies flame out when others soar? At 17, Conrad Tao knows he could go either way. Not quite white: A review of Jews, Race and Popular Music by Jon Stratton. Word on the suite: Superabundant, super-confident, flashy — hip-hop is channelling the spirit of rock music’s golden age. How headphones changed the world: A short philosophical history of personal music. If you barely know your Def Leppard from your Deep Purple, you won’t be surprised by the obvious point of this map: Scandinavia is the world capital of heavy metal music. A review of Exploring U2: Is This Rock ’n’ Roll? Why Chinese people play Western classical music: Hao Huang on transcultural roots of music philosophy. Love that new single? Mathematical equation predicts music’s hits and flops.