Facundo Abraham and Sergio L. Schmukler (World Bank): Financial Globalization: A Glass Half Empty? The first chapter from The Paradox of Vulnerability: States, Nationalism, and the Financial Crisis by John L. Campbell and John A. Hall. The economics of the global “bankster” crime wave: The system for prosecuting transnational white-collar financial crimes has broken down almost completely — the good news is that this problem does not require elegant or especially complex solutions. The U.S. never had the will and the ability to hold the most powerful to account: Guy Rolnik interviews Eliot Spitzer on financial regulation, regulatory capture, and antitrust (and part 2). Anat Admati on mythbusting four popular excuses for failed financial regulations.

Andrew F. Tuch (WASTL): The Remaking of Wall Street. Insider trading has been rife on Wall Street, academics conclude: One study suggests insiders profited even from the global financial crisis; another that the whole share-trading system is rigged. How the banks won over Washington again: A decade out from a cataclysmic Wall Street meltdown, banks are winning again in Washington. Lords of misrule: Matt Stoller on how the legal profession became Wall Street’s helpmeet. How a misfit group of computer geeks and English majors transformed Wall Street: In the 1980s, a quiet hedge fund located above a Marxist bookstore launched a revolution that would change finance (and give us Amazon). Robots are coming for these Wall Street jobs.

Shyam Sunder (Yale): Financial Regulation for a Better Society. William MacAskill (Oxford): Banking: The Ethical Career Choice. Juha Joenvaara (Oulu) and Cristian Ioan Tiu (SUNY-Buffalo): Hedge Fund Flows and Name Gravitas. Yan Lu (UCF) and Melvyn Teo (SMU): Do Alpha Males Deliver Alpha? Testosterone and Hedge Funds. A study finds women in finance are punished more severely — especially when their boss is a man. How the finance industry is trying to cash in on #MeToo.

Sam Director (Colorado): The Inhumanity of Cards Against Humanity. Administration imposes sweeping limits on federal actions against companies. Congress introduces record number of bills to prevent people from taking industry to court. JK Rowling created an army of liberals — now they are turning against her. Faster, higher, stronger, more harmonious: Building a more peaceful world, on a luge. The anti-Asian racism of US Empire: Like US violence in Asia, the symbolic infantilization of Asians has a long history. The white darkness: David Grann on a solitary journey across Antarctica. Julia Heinkel on the buzz behind BuzzFeed Books. Republicans in Congress are still waging their war on the CBO.

From Vox, Dylan Matthews on Trump’s 2019 budget: What he cuts, how much he cuts, and why it matters; and Matthew Yglesias on Trump’s infrastructure proposal, explained (and more and more). The era of fiscal austerity is over — here’s what big deficits mean for the economy. Republicans look for somebody to blame for their deficit mess — guess who they found.

Samuel Issacharoff and Alexandra Bursak (NYU, Russell Rennie (9th Cir.), and Alec Webley (Covington and Burling): What is Puerto Rico? Umair Irfan on Puerto Rico’s blackout, the largest in American history, explained. What Puerto Rico is, and isn’t, getting in disaster relief. Eva Llorens Velez on Puerto Rico economic outlook 2018: The climb begins. Hedge fund-driven austerity could come back to bite the hedge funds driving it in Puerto Rico. Making a crypto utopia in Puerto Rico: Dozens of entrepreneurs, made newly wealthy by virtual currencies, have moved to the island to avoid taxes on their fortunes — and to build a society that runs on blockchain. Book sales weather the storms in Puerto Rico.