Nathan Coombs and Arjen van der Heide (Edinburgh): How Finance Became Financialized: The Calculative and Regulatory Consequences of Risk Management. Juhani T. Linnainmaa (USC), Brian Melzer (FRB), and Alessandro Previtero (Indiana): The Misguided Beliefs of Financial Advisors. Who is watching Wall Street? Stock buybacks are on the rise, and they are shortchanging workers and undermining our economy like never before. Can divesting from America’s big financial institutions help fix racial inequality? Give everyone government bank accounts: A radical new idea from two former Obama officials could revolutionize the way Americans manage their money.
Manissa Maharawal (American) and Zoltan Gluck (CUNY): Occupy Wall Street: Finance Capital and its Discontents. Kate Padgett-Walsh (Iowa State): Transforming Usury into Finance: Financialization and the Ethics of Debt. The shark and the hound: Meagan Day on America’s long history of predatory lending. Dan Davies on how to get away with financial fraud. Barry Ritholtz on a challenge to the biggest idea in behavioral finance. Why money managers are paid so much is a mystery. The World Bank is remaking itself as a creature of Wall Street: Jim Yong Kim, the World Bank’s president, is trying to revitalize a hidebound institution — but his embrace of Wall Street is controversial.
Francesco D’Acunto (Maryland): From Financial History to History and Finance. Aaron M. Levine and Joshua C. Macey on how Dodd-Frank is a Pigouvian regulation. Wolfgang Streeck reviews The Ascendancy of Finance by Joseph Vogl. Sarah Jones on why public banks are suddenly popular. Meagan Day on the case for a state-owned bank: Regulating finance won’t cut it — to combat predatory lending, we need a fully public, state-owned bank. The introduction to Necessary Evil: How to Fix Finance by Saving Human Rights by David Kinley.
