People frequently ask whether the study of history can help in managing humanitarian crises. This question is particularly timely given the massive outflow of refugees from Syria and the problems of admitting large numbers of refugees to other countries, including the United States.
The Big Picture and The Big Short: How Virtue helps us explain something as complex as the Financial Crisis
The star-studded new film The Big Short is based on Michael Lewis’s best-selling expose of the 2008 financial crisis. Reviewers are calling it the “ultimate feel-furious movie about Wall Street.” It emphasizes the oddball and maverick character of four mid-level hedge fund managers in order to explain what it would take to ignore the rating agencies’ evaluations and bet against the subprime industry—that is, their own industry.
Seemingly all the US presidential candidates, in both parties, agree that “something more” should be done about Daesh or ISIS. Most of them, especially the Republican candidates, seem to think that doing more involves more unrestrained bombing (it is unclear if any of them recognize the similarity to demands for unrestrained bombing of Vietnam).
In this episode of the Oxford Law Vox podcast, banking law expert Nikoletta Kleftouri talks to George Miller about banking law issues today. Together they discuss some of the major legal and policy issues that arose from the financial crisis in 2008, including assessing systemic risk and whether the notion of “too big to fail” is on the road to extinction.
Recently, debates about inequality have risen to the forefront in academic and public debates. The publication of the French economist Thomas Piketty’s Capital in the Twenty-First Century in 2013 did not, to say the least, go by unnoticed. And many other prominent economists have partaken in the debate about global inequality: Paul Krugman, Joseph Stiglitz and Angus Madison, just to name a few.
The Paris Agreement will be significant only to the extent that it can motivate domestic policy change, cross-national technical assistance, and social pressure to reduce nations’ dependence on fossil fuels.
The 15th anniversary of the United Nations Security Council Resolution 1325 has prompted considerable analysis on the achievements of the Women, Peace and Security (WPS) agenda. To date, 52 countries have adopted a National Action Plan (NAP) for the implementation of Resolution 1325 and, within the United Nations, the number of women in senior leadership positions has increased.
On 19 October 2015, the tech culture website Geek published another installment of procrastination-inducing click-bait lists, namely a rundown of “The 11 best Satanists.” Here, writer Aubrey Sitterson introduced 11 people associated with Satanism, from Church of Satan founder Anton LaVey to music icons Marilyn Manson and King Diamond.
While there has been considerable normative theorizing on the topic of immigration, most analyses have focused on the relation between the migrant or prospective migrant and the society she will join—issues of admission, accommodation, integration, and so forth.
In 2010, Israel Leija was killed by a police officer during a high speed chase, which ended when Mullenix, a police officer, stationed on an overpass, shot several bullets into Leija’s car. The chase began when the police tried to arrest Leija at a drive-in restaurant for violating parole on a misdemeanor charge. When the officer approach Leija in his car, Leija drove off, with the police giving chase, while several other officers set up tire spikes along the road to stop him.
Is the world a more perilous place than ever before? Why are there so many crises? What can we do about it? Newspaper headlines routinely reflect the fact that terrorist attacks, industrial accidents, and economic and financial meltdowns are becoming more frequent and more far-reaching in their effects.
In 1812 Benjamin West completed his portrait of John Eardley Wilmot. The portrait was two paintings in one: it depicted its subject, Wilmot, lawyer and former Chief Justice of Common Pleas, at the foreground; in the background was a painting within a painting, a scene of American loyalists, including Native Americans, African slaves, women, and children.
One of the best jokes circulating on social media today is a bogus announcement that Donald Trump is warning Americans about ‘Schrödinger’s immigrant’: a foreigner who lazes around on benefits while simultaneously stealing your job. A UK version of the gag circulated during the recent general election, also playing on the famous quantum physics paradox, in which a single particle that exists simultaneously in two opposite states theoretically causes a cat in a sealed box to be both dead and alive at the same time.
This July, a NASA space probe completed our set of images of the planets, at least as I knew them growing up. New Horizons, a probe that launched back in 2006, arrived at Pluto and its moons, and over a very brief encounter, started to send back thousands of images of this hitherto barely known place.
Do DUI prevention laws actually deter driving under the influence? Authors Lorne Tepperman and Nicole Meredith argue that punishments like fines, imprisonment, and license suspension are not as effective as we like to think. They have found that people are more likely to be changed by constructive influences (e.g., alcohol counseling) and social taboos than they are by threats of punishment.
Today’s carceral state has its roots in the “war on crime” that took hold in America in the 1980s. That “war” was led by the political forces that I associate with Reaganism, a conservative political formation that generally favored a rollback of state power. A notable exception to this rule was policing and imprisonment. Both Reaganism and the “war on crime” had a racial politics embedded in them, so that these three phenomena—Reaganism as a movement, the “war on crime,” and the resulting carceral state, and the racial politics of the 1980s—strengthened and reinforced the others.