Tuesday, October 21, 2008

“You must never confuse faith that you will prevail in the end — which you can never afford to lose — with the discipline to confront the most brutal facts of your current reality, whatever they might be.”
-James Collins outlining the “Stockdale Paradox”

Wednesday, October 15, 2008

Watching the Final Debate

I'm sick currently, so I won't liveblog this one. I will be drinking some serious tea however amd enjoying watching this very much. I drink green Tazo and loose leaf Oolong.

New posts soon.

Monday, October 13, 2008

Paul Krugman Wins Nobel for Economics

http://www.nytimes.com/reuters/business/business-nobel-economics.html?_r=2&oref=slogin&oref=slogin

Raise your hand if you saw this comming.




UPDATE:


The Nobel prize for economics (let’s just call it that) is a subject near and dear to my heart. If the 2008 election was is my NCCA championship, then to me the Nobel prize for economics is the superbowl. I love it. I wrote papers in college about Markowitz and his famous Ph. D thesis. During a class on portfolio theory I corrected my professor on his faulty assertions of Markowtiz’s theories. Merton, Scholes, and Black’s work brought about from the 1997 prize and papers on the topic dominate a good part of my weekly workload. The 1976 winner single-handedly convinced my all-time favorite columnist, David Brooks, to study economic theory.

I will stop for a minute to say that I love the work of these great men with a hint of realism. In short, all of their theories have been more or less proved wrong by Tabel’s Black Swan Theory (Update: just the financial theory ones, obviously MF is still right on Econ). If any fool thought that 1987 crash wasn’t enough data, please read up on the last year or so of volatility and macro-blunders by the fed to end the argument.

I won’t give my opinion on Krugman. Read between the lines and find out for yourself (update: tried to be impartial below, didn’t really succeed very well). I will say that I read every one of his articles in the NYT for quite some time now and have watched numerous interviews with him on Countdown on MSNBC.

In my opinion, Krugman’s win is a direct consequence of John Nash’s 1994 win. Yes, the beautiful mind guy. In 1994, his win of the prize caused a huge amount of controversy. Namely because awards for intellectual ability do not often fall to the totally insane. Yes, I love game theory. A lot. I think my only regret in life so far is not studying game theory (or really engaging with my classes at all in college; that is a different story though). Nash’s work is incredibly important. But his win changed the rules about who gives out the award. A forced changing of the guard so to speak has allowed political theater to enter into what was once a purist award for classic Austrian theory or modern interpretation of those theories. I will not say the change in direction is due entirely to Bertil Holmlund being the new chairman. Honestly, I know nothing about the man (Holmlund). But something really changed, even since last year’s very important and deserving win.

This pick is going to go down as controversial. Why? Well, at the moment, Krugman is a pundit. I have been saying for months now he is the next secretary of the treasury (under Obama) and really has campaigned as such. He spends the entirety of his time railing on the Bush administration while keeping busy with his one class at Princeton. Why this troubles me is that Krugman is (hold your breath) actually incredibly intelligent. His body of work is simply breathtaking. He work in trade theory is deserving of a Nobel Prize. In fact, I would say less then 5% of the economists whose opinion I have read today are surprised (I read quite a few). Krugman wasn’t shocked or even pleased really in his NYT statement.

But why now? Right before arguably the most important election in modern memory? Look at this: http://scientific.thomsonreuters.com/nobel/nominees/#economics I was pulling for the Hansen, Sims, and Sargent ticket. Econometrics is so very important, and the attention gained from a nobel win would have really advanced the science. I mean, if I really wanted a pick out of left field I don’t think Eugene Fama has his yet? Reuters didn’t even have Krugman as a possible win. Does this pick, at this time, indicate anything else but the Nobel prize committee’s interest in the apparent Obama regime?

I can’t help but feel cynical (as I did with McCain’s pick of Palin). This is political theater and in my opinion tarnishes this win. In summation: think what you will of Krugman, but the timing of this is suspicious to say the least. Krugman just joined a club with Hayek and Milton Friedman as members. I wonder if we could go back to 1976 and ask Friedman what he would say about the Krugman pick.

Sunday, October 12, 2008

Check out this mix

Watch the video to see who is rapping over the beat: fantastic stuff. Heard this song all over the place this weekend.

http://www.youtube.com/watch?v=C9JprYbmW8Q&feature=related

More to come. Damn we keep it busy and popping around here. I heard this song at three sunday morning.

Saturday, October 11, 2008

Check out Gawker's Depression playlist

http://gawker.com/5061990/whats-your-depression-playlist

Thoughts on Saturday morning

I love using the music service pandora radio. I think that they make the strong point that musical tastes are better organized by elements within the music you listen to rather than liking a list of artists.

I think I should make it clear that as I write this it is early in the morning, I am alone, and I am thoughtful after a very busy week. When I'm out at a club I might here a song that I would like when I'm having a good time. But for me, hip hop is to be enjoyed alone with headphones. Hip hop party music is totally overused, overhyped, and just boring. Any of the songs below would clear a dance floor and I understand some beats are more dancable than others. That's fine. When I talk about loving hip hop, I mean for personal enjoyment. I'm not talking as a DJ; just as a fan.

Elements I enjoy:

I like music that has a dramatic quality to it. Listen not only to the lyrics on this track, but more importantly the beat behind it: http://www.youtube.com/watch?v=nlDo81vu7wY

The first element you hear is a heavy, slightly blown out kick. This kick sound was very common in rap several years ago and is more or less designed for what Em calls "rolling music". The kick is going to provide loud bass for trying to blow your speakers out to in your suburb.

I think Em's major contribution to beatmaking in his music was the use of guitar. You can hear the sample of a guitar strumming three times over the E-string on a guitar and the sound being faded out through the volume knob on the guitar.

Finally there is the snare. This is really important to me, and again emblematic of Em's music. Em samples acoustic drum samples. As in, he records each element of the drums off of an actual drum set. When you get low-level recording software it will come with pre-made sounds that are not an actual sample of live drums. It sounds shitty. Listen to "Stan" by Em again and just listen to the snare. Again, reall drum samples, slightly blown out bass, guitar in the background.

Finally (and get back to my first statement), the strings add the dramatic element that I really enjoy. When I think dramatic, my first thought it soundtrack. Now, this is clearly from the soundtrack to a film in the first place, however I think being able to tie a visual image to music is really important. I love Spank Rock to death, however if you hear the song "Rick Ruben" I can't imagine any image that could go with it. Maybe classic video games? Again, just not dramatic.


Alright. Next song. http://www.youtube.com/watch?v=XUrJdf4PbEk

I have read on several different occasions that Ready or Not is Obama's favorite song. I am still looking for the statement that says that however. I don't think this song is composed as well as "love me" as using a cheap flanger on a horn is just tacky.

I love the song because it is well...haunting. And sad. I like introspective music with a narative quality to it that hip hop seems to have almost completely lost.

I had a dicussion recently with AP here on my Tupac post. The music and flow of Biggie falls into elements of what I am dicussing above. From Wikipedia:

"Biggie was noted for his "loose, easy flow",[4] dark semi-autobiographical lyrics and storytelling abilities"

Again, just right up my alley. Listen to the song "what's beef". All of it. So damn good. Gentle, haunting strings, acoustic drum samples, narrative storytelling, and smooth ride into the hook.

As a final word on gangsta rap, I want to hear the thoughts of an actucal gansta, not a back-up dancer.

But don't take my word on what's street. I'm off to brunch.

Love.

Wednesday, October 8, 2008

Tuesday, October 7, 2008

Watching the debate now, leave a comment if you are as well.

DJ Sega

http://www.myspace.com/djsegatheblackknight

Check out DJ Sega. I love my old Sega (still play Sonic on it every so often!).

I enjoy intricite sampling methods in modern music. Alberton live is the software of choice for serious DJ and you can hear it very cleary through DJ Sega's music.

Again, as a plug to an earlier post, you can check out Fly Lo, the king of using Alberton live to remix himself live here.

Update:

To anyone who has been over to a get together at my place recently, the ACDC mash up was by DJ SEGA.

Currently listening too

A remix of Um Milhao by Buraka Som Sistema & Diplo. I don't know very much at all about Portugal's house scene, however I really do enjoy the almost tribal beat to it. It isn't quite jungle, it isn't quite drum and bass, and it isn't quite progressive enough to be trance (or shitty). The lil'Wayne sample is almost funny and is done very, very well.

Like it? Buy it.

http://www.bluecollardistro.com/maddecent/product_info.php?products_id=2844&cPath=320_395&store=0

Monday, October 6, 2008

Live Blogging the hip hop honors

9:09-Who is this guy introducing? Not Tracy Jordan, the next guy. Whatever. Repping Cyprus Hill-the spanish lyrics mixed with the ghetto all around the love of one thing: Weed? "certain herbal remedy"

9:11-I agree that the CH really influced the spanish scene in a major way. Interview with CH right now. They are big Run DMC fans.

9:12 "People know, we get baked. That's a big part of it. It's an important issue to us. It's something we believe in" Wow.

9:13 Run DMC shout out again

9:15 Gym class heroes, playing live with fat joe.

9:16 CH loves their own music, really head-knocking at this point.

9:17 guy from GCH is killing it. Insane in the membrane!!! Loving the old school beat, so solid. Standing bass and drums.

9:18 they are on stage to finish the song. You can hear the age in the voices though. Still cool. Here is something you can't understand...How I can just killa man!

9:19 They are covering a new school track? Rockstar? Damn, did NOT see this coming. Pretty good.

9:20 I can see how this song sort of works with their past. Very interesting pick. The edge in the voice is great, you don't get a ton of that anymore.

9:21 Commerical Break, then De La Soul, who I am LBing this for. Just a huge fan.

9:23 LL Cool J clothing line being pushed over the commerical breaks. Looks like really cheap express clothing? Just bad.


9:26 Back. De la Soul time!!! Interview. Talking about the lyrics. Evolution of a style. How do you write lyrics? The thoughts behind them. So cool. First group to have skits. I have this album. We weren't hippies, but that image really worked well with us.

9:29 Joy Bryant leading in the next rappers. She looovvess De La Soul. She calls them "Dayla". Q-Tip and Ce Loo, Mos Dep to rock the tribute!!!

9:30 crowd does not get it at all. So dumb. Not moving at all.

9:30 Mos Def is on and killing it with Flava. Boo on Flava.

9:31 Here is Cee loo. Wearing allllll silver.

9:32 Man I love De La Soul.

9:34 Tracy Jordan, just not funny.

9:35 holy shit, kid rock is on this thing? Why? I will tune out by then.

9:37 ON THE STAGE, DE LA SOUL BBBAAABY!

9:38 Me, myself, and I. Such a classic hook.

9:41 they may not be jumping, but they all know the words!

9:42 Q-Tip back on

9:43 looks like the roots are coming up with Cee lo...that should be sweet.

9:44 I'm up at 5, love to all. De la soul, remember the name.

Recent Conversation

I had a conversation recently about Biggie vs. Pac. I naturally (and incorrectly) assumed that Pac was widely considered to be better than seemingly more obsurce Bigge. Not so! The conversation started with this:

http://www.reuters.com/article/musicNews/idUSN0319369220080903

I have been quoted to say that Tupac was the greatest (read: most prolific) rapper of all time. Vibe, in 2004, made a similar statement. I will admit here, right now, after some thinking and research I was quite wrong.

Tupac's career was started by being a back-up dancer for these guys:

http://en.wikipedia.org/wiki/Digital_Underground


According to wikipedia, he studied acting, the arts, and ballet in high school:

http://en.wikipedia.org/wiki/Tupac_Shakur


A lot of this missed me. I've never really studied Tupac, but just made the assumption that he was the best. Why do I still like him?

1. My first vinyl was Tupac's "Thugs get lonely too" for a dollar.
2. The song "can't C me" bangs so. damn. hard.
3. Tupac was the first rap I was every really into. I thought it connected on a more cerebral level to me than, say, Nelly. Which is does (compared to Nelly).

For that, I will always love Tupac. I think Blender made that statement to sell copies and not out of truth. What I DO think is that the fact that Tupac is the biggest selling rap artist of all time in ludacris (ok, pun a little bit intended there).

Three dates are important: 91, 93, 95, 96, and 96 again. He made 5 albums. Loyal to the Game, and Pac's Life (Shady's and TI's albums, more or less) are terrible. They still sold quite well. Pac's legacy lives on only to promote record sales. I mean, how many times you can sample lyrics from 5 CDs already somewhat void of content?

As a counterpoint, he does have several songs that I really enjoy (still):

1. (as noted above) "Can't C me" and "Thugs get lonely too"
2. California Love
3. To Live & Die in L.A. (such a great tribute)
4. Changes
5. Thugz Mansion

All bonified pop singles, but you really have to enjoy them.

I spent the weekend listening to some of the competition (from the same time period) Biggie and Mobb Deep. Though I don't think I truly understand the term, I think that a pragmatist could argue that Tupac's importance shouldn't be any greater than those two rappers (Biggie in particular).

I do understand the fame and importance of Tupac though in what he means to people though. He really is a symbol for a lot of people. For me though, you have to judge his music on his actucal talent. On flow alone, I think that Biggie completely owns Tupac.

Thoughts? I know this was kind of a ramble, today was exhausting.

Friday, October 3, 2008

Chromeo

Chromeo is the self-proclaimed "first band composed of a Jew and an Arab" which I think it pretty awesome. As one could assume from the title, the band is A. electronic (chrome), B. dramatic, 80s-like (romeo), C. somewhat unserious (dumb mash-up name).

http://www.myspace.com/chromeo

I love synth right now. I really feel like music like this has a place in modern clubs. Check out Fancy Footwork for a taste of the new school of club music, and Momma's Boy to hear a true 80s tribute track.

Most of all, it is refreshing to have 80s tribute music that lacks the sort of seriousness and pretension that so invades the majority of other groups.

Enjoy.

Headshot

Headshot

Breaktionary

Breaktionary
Qbert