Carolyn Sissoko (USC): The Plight of Modern Markets: How Universal Banking Undermines Capital Markets. Joshua S. Hanan (Denver), Indradeep Ghosh (Haverford), and Kaleb W. Brooks (Indiana): Banking on the Present: The Ontological Rhetoric of Neo-Classical Economics and Its Relation to the 2008 Financial Crisis. Hugh Rockoff reviews Fragile by Design: The Political Origins of Banking Crises and Scarce Credit by Charles W. Calomiris and Stephen H. Haber. Steven Davidoff Solomon (UC-Berkeley) and David T. Zaring (Penn): After the Deal: Fannie, Freddie and the Financial Crisis Aftermath. James Stewart and Peter Eavis on revisiting the Lehman Brothers bailout that never was. Joel Dodge on why a hedge fund manager will tell you big government is great for capitalism — it's the insurance, stupid. Are regulators about to let another bank get too big to fail? From the forthcoming Oxford Handbook of Law and Economics, here is the entry on Banking and Financial Regulation by Steven L. Schwarcz. Thomas S. Umlauft on regulators' irrational rationality and bankers' rational irrationality: Too Big to Fail, self-regulation, moral hazard and the global financial crisis, 2007-2009. Jake Bernstein goes inside the New York Fed: A confidential report and a fired examiner’s hidden recorder penetrate the cloistered world of Wall Street’s top regulator — and its history of deference to banks. Secret Goldman Sachs tapes show regulators still respect bankers too much. Nolan McCarty on five things the Goldman tapes teach us about financial regulation. What if the regulators are as bad as the banks? Annie Lowrey wonders. Felix Salmon on why regulatory capture is here to stay. Remember this moment when the next financial crisis strikes: The SEC could have fixed our broken rating agencies — it whiffed.
Ross E. Davies (George Mason): Lego and Law: Linking the Gilded Age and Today. Scott Johnson (Georgetown): Real and Imagined Geography. Jason Rivera (Rutgers): Resistance to Change: Understanding Why Disaster Response and Recovery Institutions are Set in Their Ways. Emily M. Crookston (Coastal Carolina): Love and (Polygamous) Marriage? A Liberal Case Against Polygamy. From Global Review: A Biannual Special Topics Journal, a special issue on archives and networks of modernism. Wolfgang Schauble on why taxation must go global. Burkina Faso's revolution 2.0: Thousands are protesting in the capital amid unconfirmed reports that the army is poised to step in. Most Ebola patients in the U.S. survive, half in Africa die — why are we letting this happen? Nurse Hickox is an exceptionally brave person whose work in West Africa has been quite astonishingly selfless; her behaviour since she returned to America has been equally astonishing — in its reckless selfishness. The media's overreaction to Ebola is sending a chill through workers at Doctors Without Borders. Yes, I judge your politics: It’s okay to judge people’s political values — it’s not like the sports team you root for. No, Russell Brand, you’re no Noam Chomsky: The comedian-turned-activist styles himself as a pupil of Chomsky, but his new book only furthers the cause of the establishment he rails against. Apple CEO Tim Cook: “I consider being gay among the greatest gifts God has given me”. Messing with Texas again: Rick Hansen on putting it back under federal supervision. Tim Murphy on the case for senators skipping committee hearings: They're long, tedious, and redundant. No longer the hardest word, a public apology is now the defence strategy of the rich and powerful — can it still do good?
Kathryn Besio and Sarah Marusek (Hawaii): Losing It in Hawai‘i: Weight Watchers and the Paradoxical Nature of Weight Gain and Loss. Will Portland always be a retirement community for the young? Emily Badger on why quirky Portland is winning the battle for young college grads. Vanessa Schwartz (USC): LAX: Designing for the Jet Age. From LARB, Richard Hertzberg on how the City of LA goes dumpster diving; and Victoria Dailey on the palms of Los Angeles. What is a dude? Anne Helen Petersen on how the strange history of the “dude” helps throw a light on why the West still feels like the real America. My Un-Private Idaho: Michael Ames on Bowe Bergdahl, the political-entertainment complex, and the personal costs of scandal. Which states are in the Midwest? The 21st century cowboy: The modern cowboy has a lot on his plate, including climate change. Rachel Pearson on Texas’ other death penalty: A Galveston medical student describes life and death in the so-called safety net. The introduction to Rough Country: How Texas Became America’s Most Powerful Bible-Belt State by Robert Wuthnow (and more). Carolina's Gold Coast: John H. Tibbetts on the culture of rice and slavery. Where slavery thrived, inequality rules today: More than a century later, some experts say, a terrible institution is still exacting its price. Roberto A. Ferdman on why the South is the worst place to live in the U.S. in 10 charts (and a response by Carol Guthrie). South Florida officials talk secession over failure to address climate change. A look at the hellish post-apocalyptic crimescape that is Connecticut. From New York, what’s the matter with Connecticut? Annie Lowrey wants to know; and which American state should secede? The Literary United States: Kristin Iversen on a map of the best book for every state.
Sergio Fabbrini (LUISS): Emerging from the Euro Crisis: The Institutional Dilemmas of a Political Union; and After the Euro Crisis: A New Paradigm on the Integration of Europe. Athanasios Orphanides (MIT): The Euro Area Crisis: Politics Over Economics. C. Kreuder Sonnen (WZB): Global Exceptionalism and the Euro Crisis: Schmittian Challenges to Conflicts-Law Constitutionalism. Charles B. Blankart (Humboldt): From Friends to Enemies? The Euro as a Cause of New Nationalism. Caterina Froio (EUI): Much Ado About Nothing? The Economic Crisis and the Extreme Right from Ballots to Streets. Anke Hassel (Hertie): Adjustments in the Eurozone: Varieties of Capitalism and the Crisis in Southern Europe. Anna Zamora-Kapoor (Washington) and Xavier Coller (Pablo de Olavide): The Effects of the Crisis: Why Southern Europe? Whether they are in it for a quick buck or the long haul, foreign investors are helping Europe’s troubled southern periphery out of the mire — so far. Less than zero: Europe introduces negative interest rates to save its economy. Harry Kreisler interviews Olli Rehn on the political economy of the European response to the 2008 economic collapse. The deep deformation of Europe: Elli Louka on economic conflict in the European Union. Running along the disaster: Onder Ozengi and Pelin Tan interview Franco “Bifo” Berardi on the European crisis. Wolfgang Munchau on how Draghi is running out of legal ways to fix the euro. Europe’s recession is really a depression: Europe's self-inflicted wounds are making its recession worse than the worst of the 1930s. Matt O'Brien on how Europe’s Greater Depression is worse than the 1930s. The Economist on the world’s biggest economic problem: Deflation in the euro zone is all too close and extremely dangerous (and more). Matt O'Brien on why Europe is doomed, in 3 paragraphs.
Laurence Tai (NYU): Fast Fixes for FOIA. Emanuela Ceva (Pavia): Political Justification Through Democratic Participation: The Case for Conscientious Objection. Julia Moszkowicz (Southampton): Time, Narrative and the Gutter: How Philosophical Thinking Can Make Something Out of Nothing. David A. Hyman (Illinois) and Shirley Svorny (Cal State-Northridge): If Professions are Just “Cartels by Another Name”, What Should We Do About It? From Territory and Justice Network, a symposia on Kantian Theories of Territorial Rights. From ProPublica, Justin Elliott, Jesse Eisinger, and Laura Sullivan on the Red Cross’ secret disaster: After Superstorm Sandy, Americans opened their wallets to the Red Cross, trusting the charity and believing it was up to the job — they were wrong. Gnarly birthday, High Times: Forty years in, can an outlaw magazine survive the mainstreaming of pot? The editors at small-circulation magazines are always happy when big papers pick up their stories, so economics weekly Statist magazine would be chuffed to be referred in the Financial Times. David Corn on Rand Paul, the most interesting conspiracy theorist in Washington. Dennis Mersereau on conspiracy theories, ranked. Academic fraudsters put publishers’ worth in the spotlight. Greg Miller on the speedy cartographers who map the news for the New York Times. Stop celebrating the Pope's views on evolution and the Big Bang — they make no sense. Matthew Yglesias on Hillary Clinton's plan to use feminism to sell big government. Shoshana B. Roberts, the woman who made a video about catcalling, is already getting rape threats. Fox News doctor calls for “American Jihad” — it’s not terrorism if God is telling you to do it.
The inaugural issue of the Journal of Experimental Political Science is out. Marc Morje Howard and Meir Walters (Georgetown): Explaining the Unexpected: Political Science and the Surprises of 1989 and 2011. Nicola Smith (Birmingham) and Donna Lee (Kent): What's Queer about Political Science? Francois Bonnet (CNRS) and Clement Thery (Columbia): Sociology and Political Science in the Patrimonial Society: Implications of Piketty’s Capital. Political scientists from two of the nation's most highly respected universities, usually impartial observers of political firestorms, now find themselves at the center of an electoral drama with tens of thousands of dollars and the election of two state supreme court justices at stake (and responses by political scientists). Political scientists are conducting field experiments during this election cycle, and some people are freaking out about it. David Kurtz on the hottest thing in political science this week. Can greater transparency lead to better social science? Tom Pepinsky, Edmund J. Malesky, Nathan Jensen and Mike Findley are putting transparency to the test in a leading political science journal. If policymakers had listened to political scientists, we wouldn’t have invaded Iraq. Stephen Saideman on why Tom Ricks is so damn wrong about the relevancy of political science (and more by Ricks). Paul Staniland on how Tom Ricks doesn’t know what he’s talking about. Daniel Drezner on the real reason pundits like to diss political science. “We've frankly got enough psychologists and sociologists and political science majors and journalists”. 24 makes people support torture, and other discoveries political scientists made this year. President Obama selects Robert Axelrod as National Medal of Science winner. Paul Fairie on political science if it was taught the way people think political science is taught.
Jeffrey A Winters (Northwestern): Wealth Defense (“The emphasis is on material stratification, the wealth threats rich Americans have faced, and how wealth defense has been achieved — including the emergence and impact of the Wealth Defense Industry in the second half of the twentieth century”). From New Left Project, Jeffrey A. Winters on wealth defence: Wealth concentration is the single most enduring economic pattern across all polities from ancient Mesopotamia to the present — in their ceaseless battle against the threat of redistribution, oligarchs eventually hit upon an enduring solution: the tax state. The world is a pretty fair place, according to rich people. Hamilton Nolan on Alice Walton, the villain. Annie Lowrey on how the 0.00003 percent lives. About 32,000 people control 11 percent of American wealth. Matthew Yglesias on 9 fascinating facts about the 400 richest Americans. How Wall Street took over the Forbes 400: Thirty years ago, Wall Street only made up a sliver of the Forbes 400 list of richest Americans — not anymore. Darrell M. West on five myths about billionaires (and more). Steve Siebold on what the middle class doesn't understand about rich people. Our invisible rich: They have become so wealthy that most Americans can’t imagine how much they’re worth. Neil Irwin on how the benefits of economic expansions are increasingly going to the richest Americans. During the downturn, America's poor helped each other more — the rich pitched in less. What’s the best way to overcome rising economic inequality? Yes, the Federal Reserve can reduce inequality. John Cassidy on rising inequality: Janet Yellen tells it like it is. Janet Yellen mentions inequality; conservatives scandalized. The Washington Center for Equitable Growth wanted to study inequality — it couldn’t get conservatives on board.
Yasmin Dawood (Toronto): Democracy Divided: Campaign Finance Regulation and the Right to Vote. Geoffrey Nunberg (UC-Berkeley): The Social Life of Slurs. Roseann B. Termini and Anthony Knabb DiDonato (Widener): The Role and Mission of the United States Food and Drug Administration: Regulator, Watchdog, Facilitator, or “All of the Above”. Miroslava Scholten (Utrecht): In Defense of IRAs’ Democratic Legitimacy (on independent regulatory agencies). Adamu Audu Pam (Bern): The Centrality of Intellectual Property Law in the Fight Against Ebola Virus in West Africa. Joe Coscarelli on why banning travel from Ebola-affected countries makes no sense. Rumors of the UN’s death have been greatly exaggerated. Henry Farrell on Big Brother’s liberal friends: Sean Wilentz, George Packer and Michael Kinsley are a dismal advertisement for the current state of mainstream liberal thought in America — they have systematically misrepresented and misunderstood Edward Snowden and the NSA. Sex is serious: Elizabeth Stoker Bruenig on how feminists and Christians agree when it comes to consent. Matt O'Brien on Peter Thiel and the worst possible case for the worst possible idea, the gold standard. Predator: Douglas Ollivant on the secret origins of the drone revolution. The numbers they didn’t want you to see: Study finds that academic publishers basically charge whatever they feel like. A coalition comprising 80 top liberal arts colleges considers a new Open Access monograph publishing program — but will faculty support it? How a Nixon lawyer fell out of love with Tricky Dick and came to tell the real story of Watergate: David Greenberg reviews The Nixon Defense: What He Knew and When He Knew It by John Dean.
Joe Surber (CUNY): Leveling the Playing Field: Gender and Utopia in Video Games. The strange lost feminist career of wonder woman: Heather Havrilesky reviews The Secret History of Wonder Woman by Jill Lepore. Kevin Hartnett on the ideal woman of 1980, and other lessons from 100 years of Vogue. Cosmopolitan's editor Joanna Coles sums up our gender double-standard in one perfect quote. Anna Griffin on why we need more female newsroom leaders. Woman doctors, woman writers — is using “woman” as an adjective demeaning? Roxane Gay on how there’s nothing wrong with famous women (or men) claiming the cause — but the fame-inist brand ambassadors are a gateway to feminism, not the movement itself. From PUP, the first chapter from Why Gender Matters in Economics by Mukesh Eswaran; and the introduction to The Silent Sex: Gender, Deliberation, and Institutions by Christopher F. Karpowitz and Tali Mendelberg. Revealing implicit structuring norms and challenging categories of difference: Clyde Plumauzille on Joan W. Scott's critical history of inequality. From TLS, a review essay on modern sexism by Roz Dineen. Kat Stoeffel on how the war on women is getting more sophisticated. For women on the Internet, it doesn't get better. When living on tips means putting up with harassment: A national study says more than 90 percent of female restaurant workers had experienced sexual harassment. “It’s impossible to prevent someone from eyefucking you”: Catcalling — a cute name that uses the image of a soft mammal on a telephone to stand in for some super rude behavior — is something women experience everywhere, in every city and country, all the time. You won’t believe how many times this woman gets harassed in 10 hours.
David Lindsey and William R. Hobbs (UCSD): Presidential Attention and the Quality of U.S. Foreign Policy. David Laitin on why America needs a Council of International Strategy: The U.S. government turns to the Council of Economic Advisers, which is made up of academic economists when it needs economic counsel — why doesn't it have a similar council of political scientists to help it make sense of a complex world? William J. Burns on 10 parting thoughts for America's diplomats: As one of America's foremost diplomats hangs up his spurs, lessons from 33 years at the State Department. How a polarized America negotiates with the world: The Obama administration is trying to minimize Congress's role in international negotiations — is that a viable strategy? Nothing to talk about: Douglas E. Schoen on the depressing state of American foreign policy. Charles Kenney on why America's foreign policy needs a shakeup. Kim R. Holmes and William Inboden on how the U.S. needs a new foreign policy agenda for 2016. Is American foreign policy for sale to the highest-bidding hawk? Peter Beinart claims that money is driving the hawkishness of 2016 presidential candidates. Kevin Drum on how the Republican foreign policy split is mostly a myth; and on how Americans prefer the actual foreign policy of Democrats, but they prefer the rhetorical foreign policy of Republicans. Zen and the art of American foreign policy: Daniel W. Drezner on the fundamental foreign policy divide in 2014; and on the 10 most surprising things about American attitudes toward foreign policy. From NYRB, Michael Ignatieff reviews Foreign Policy Begins at Home: The Case for Putting America’s House in Order by Richard N. Haass; Restraint: A New Foundation for US Grand Strategy by Barry R. Posen; The Fourth Revolution: The Global Race to Reinvent the State by John Micklethwait and Adrian Wooldridge; and “Reforming Taxation to Promote Growth and Equity” by Joseph Stiglitz.