Cedric Herring and Loren Henderson (Maryland): Wealth Inequality in Black and White: Cultural and Structural Sources of the Racial Wealth Gap. Jared Bernstein on what racial injustice looks like in America’s economy. Affluent and black, and still trapped by segregation: Why well-off black families end up living in poorer areas than white families with similar or even lower incomes. Esther Canty-Barnes on how racial inequality starts early — in preschool. Sigal Alon on how diversity destroyed affirmative action: Once race-conscious admissions stopped being about equity and reparation, the only argument for it was the enrichment of white students — that was never going to hold up. The disturbing racial bias in who we help when they need it most. Sharp differences over who is hurt, helped by their race.

Nicholas Stephanopoulos (Chicago): Race, Place, and Power. From Vox, Lee Drutman on how race and identity became the central dividing line in American politics. Donald Trump has blown up Republicans’ racism defense: He’s as much a product of regular conservatism as he is of the alt-Right. The 1965 law that gave the Republican Party its race problem: LBJ didn’t think the Immigration and Nationality Act would be revolutionary — he was wrong. Black Studies Matter: Kristina Rizga on how one of the nation’s biggest — and most violent — campus protests brought diversity to the rest of America. What does Black Lives Matter want? Now its demands are clearer than ever (and more). Americans are as skeptical of Black Lives Matter as they were of the civil rights movement: America has a long history of resisting black-led social justice movements. Brandon M. Terry on racial politics after Obama.

Felicia Wong and Dorian T. Warren on two terrible ideas, on their way to history’s dustbin — and once they’re gone, we’ll finally be ready to progress on race relations in America. Greg Howard on the easiest way to get rid of racism: Just redefine it.


Filippo Del Lucchese (Brunel): Spinoza and Constituent Power. Phil Hubbard (Kent), Teela Sanders (Leicester), and Jane Scoular (Strathclyde): Prostitution Policy, Morality and the Precautionary Principle. George Dvorsky on what that “strong signal” from a nearby sunlike star really means. Hillary Clinton is America’s Machiavelli and Donald Trump is a fanatic prophet, the chief doomsayer of the Renaissance Girolamo Savonarola. Jane Meyer on Roger Ailes, the Clintons, and the scandals of the scandalmongers. Kareem Abdul-Jabbar on how insulting Colin Kaepernick says more about our patriotism than his. When billionaires rule: The demise of Gawker shows that the greatest impediment to media democracy isn’t the state — it’s the rich and powerful. Have we been misreading a crucial Maya codex for centuries? A new look at the Dresden Codex may change our understanding of the ways the Maya used the night sky to plan their ceremonial calendars.


From The Nation, Chloe Maxmin on what the climate movement can learn from the neoliberal coup: With its strategy and our moral compass, the climate movement could be unstoppable. Should we respond to climate change like we did to WWII? The controversial theory of “climate mobilization” says we should. Is it useful to think of climate change as a “world war”? We need to literally declare war on climate change: We’re under attack from climate change — and our only hope is to mobilize like we did in WWII. David Roberts on the argument for incrementalism in international climate negotiations. Peter Drahos (ANU) and Christian Downie (UNSW): Regulatory Unilateralism: Arguments for Going It Alone on Climate Change. Can game theory help solve the problem of climate change? Applying the mathematical principle of studying models of conflict and cooperation between groups could help us rein in global warming.


Benjamin Means and Eddy Nahmias (Georgia State): Free Will as a Psychological Accomplishment. Erich Hatala Matthes (Wellesley): The Ethics of Historic Preservation. Cedric de Leon on the 50th anniversary of Barrington Moore’s Social Origins of Dictatorship and Democracy. Neil Roberts on freedom and radicalizing the black radical tradition. Maria Konnikova on politics and personality: Most of what you read is malarkey. Soon your city will know everything about you. The woman’s party: Namarah Smith on Hillary Clinton and welfare. Colin Powell’s foundation and Hillary Clinton’s are treated very differently by the media. The US Treasury should be cheering the EU case against Apple — it’s not. Henry Farrell on how U.S. taxpayers may pay most of the bill for Apple’s $14.5 billion tax judgment. Jim Tankersley on the no-win game of Apple’s taxes.


Dirk Bezemer (Groningen) and Michael Hudson (Missouri): Finance Is Not the Economy: Reviving the Conceptual Distinction. Every industry thinks it’s special, but only finance gets treated that way. The introduction to Money Changes Everything: How Finance Made Civilization Possible by William N. Goetzmann. Simon Johnson on the financial system of the future. From PUP, the first chapter from Competition and Stability in Banking: The Role of Regulation and Competition Policy by Xavier Vives. Victoria Finkle on the most important agency you’ve never heard of: The Office of Financial Research is meant to be the early-warning system for the next financial crisis — is it doing its job?

From The Atlantic, could reviving a defunct banking rule prevent a future crisis? Presidential candidates and politicians are touting Glass-Steagall regulation as a solution to the risks posed by big banks. Financial regulation has become a key issue in November’s presidential and congressional elections — so who has the more plausible and workable plan for reducing the risks associated with very large financial firms? Josh Bivens and Hunter Blair on how a financial transaction tax would help ensure Wall Street works for Main Street (and more). In finance, even business as usual comes at too high a price. The hustle continues: David Dayen on why the feds haven’t nailed the big banks.

Noah Smith on the dirty little secret of finance: Asymmetric information. Sebastian Mallaby on the dirty little secret of central banking. Jonathan Kirschner reviews The End of Alchemy: Money, Banking, and the Future of the Global Economy by Mervyn King. Jan Fichtner (Amsterdam): Perpetual Decline or Persistent Dominance? Uncovering Anglo-America’s True Structural Power in Global Finance. Kiss your domestic bias goodbye, central bankers of the world. The bankers’ bank: Does the Federal Reserve govern the banking system — or vice versa? The Federal Reserve is debating how to fight the next recession. Larry Summers on how the Fed is making the same mistakes over and over again, and on how the Fed shouldn’t expect people to trust its current approach to the economy.

Central bankers hear plea: Turn focus to government spending. Mad at the Fed? Get mad at Congress instead. Mark Thoma on why we need a fiscal policy commission.

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