10/16/15 Lupo's Heartbreak Hotel - Providence, RI* 10/17/15 The Fillmore - Philadelphia, PA* 10/20/15 The Paramount - Huntington, NY* 10/21/15 Terminal 5 - New York, NY* 11/09/15 Glasgow Queen Margaret Union 11/10/15 Manchester Academy 2 11/12/15 London O2 Shepherds Bush Empire 11/14/15 Stockholm, Sweden Munchenbryggeriet 12/01/15 Dallas, TX "106.1 KISS FM's Jingle Ball" 12/03/15 Oakland, CA "Wild 94.9 Jingle Ball" 12/04/15 Los Angeles, CA "KIIS FM Jingle Ball" 12/07/15 Saint Paul, MN "KDWB Jingle Ball" 12/09/15 Philadelphia, PA "WIOQ Q102 Jingle Ball" 12/10/15 Boston, MA "KISS 108 Jingle Ball" 12/11/15 New York, NY "Z100 Jingle Ball" 12/14/15 Washington, DC "Hot 99.5 Jingle Ball" 12/16/15 Rosemont, IL "103.5 KISS Jingle Ball" 12/18/15 Sunrise, FL "Y100 Jingle Ball" 12/19/15 Tampa, FL "93.3 FLZ's Jingle Ball" * with Erik Hassle
The Swedes invaded America and though only for a night, Stockholm took over Minneapolis— That was the scene at a very sold-out First Avenue, as Stockholm natives Tove Lo and Erik Hassle played to a frenzied youthful audience.� With a high Scandinavian population locally and Lo mentioning downtown hotspots like The Gay ‘90s and Pizza Luce, it’s no wonder the invasion was more than a friendly one. Erik Hassle Singer-songwriter Erik Hassle has been making waves on this side of the Atlantic for some time.� The electronic pop artist was covered recently by W♥M as he opened for Twin Shadow back in April and recently got a big exposure bump by Taylor Swift, who listed his ‘No Words’ as the first track of her recent “New Songs to Make Your Life More Awesome” list on Instagram resulting in the song recently hitting 10 million Spotify streams. Hassle with DJ Hassle emerged with a DJ / keyboardist for his 8-song 35 min. set, in a fit black leather jacket with his curly auburn locks tousling along to the beat.� The singer has mostly released a handful of singles and EPs stateside (including last year’s Somebody’s Party EP), but look for a full-length from the electro-soul/R&B crooner next year. ‘Pathetic’ was an early set highlight along with his bluesy, guitar-based cover of Sam Cooke’s ‘Nothing Can Change This Love’ and his unique soul-inspired falsetto was evident on many tracks.� Single ‘No Words’ got the biggest response (the T-Swift bump, no doubt) and the soaring and apologetic ‘Hurtful’ ended Hassle’s night on a high note. Tove Lo Amidst a dark stage only illuminated with lighted 3D block letters spelling out her name, Tove Lo (aka Ebba Tove Elsa Nilsson) took to the stage for a 75 min. headlining performance in a gray zippered flight suit, accompanied by a keyboardist/guitarist and two rumbling live drummers (similar to what we’ve seen with fellow Swedish acts Teddy Bears and Robyn). Though with only one full album out (last year’s Queen of the Clouds on Island Records), the singer-songwriter also has a long pedigree of writing hits for other people, including Ellie Goulding, Girls Aloud, and her friends, Icona Pop.� Provactive like Madonna and danceable like Robyn, the pop singer opened with ‘Not on Drugs’, the Payami remix of which is featured on her recently upgraded Blueprint Edition of the album. On the 10th date of her tour, she seemed honestly excited to playing locally for the first time, “It’s f**king amazing!” , she emoted, “you always remember your first”.� The mostly younger crowd ate up her every move and followed her lead when holding heart-shaped hands in the air, swaying back and forth, and jumping in place. “Let’s see for how many years I can sing this song”, she said as the band led into ‘Like ‘Em Young’ and the mid-tempo ‘Scream My Name’ from The Hunger Games: Mockingjay Part One soundtrack with its echoing percussion, was pulled off nicely live. Tove Lo By mid-set, the barefooted Lo had shed the bulky flight suit to reveal a tight one-piece sequined body suit, looking ready for the high wire. For radio hit ‘Talking Body’ (which even Butch Walker covered when we saw him earlier this year), we hadn’t read up on the Internet beforehand, so were more than a little surprised when Lo flashed the crowd mid-song, as a gesture of female empowerment (and one she does pretty frequently apparently). ‘Paradise’, one of the first songs she ever wrote, was done solo on piano, and ‘Timebomb’ with its “You’re not Forever, You’re Not the One” transformed heartache into triumph, ending the main set with everyone clapping along. Encore opener ‘Run on Love’ is actually a song by fellow Swede Lucas Nord, featuring Lo, but Lo made the electronic song her own, and her biggest hit to date, ‘Habits (Stay High)’ ended the night with the crowd singing the chorus back to Lo and the band. Those that missed this out on this sold out show have another chance soon, as Lo tours the country in early December, for a short set on Live Nation/Clear Channel’s Jingle Ball circuit (which includes a Dec. 7 St. Paul stop)… though I wouldn’t expect any displays of female empowerment during those family-friendly holiday concerts.
GDP growth is not exogenous: Ken Rogoff in the Financial Times argues that the world economy is suffering from a debt hangover rather than deficient demand. The argument and the evidence are partly there: financial crises tend to be more persistent. However, there is still an open question whether this is the fundamental reason why growth has been so anemic and whether other potential reasons (deficient demand, secular stagnation,…) matter as much or even more.
In the article, Rogoff dismisses calls for policies to stimulate demand as the wrong actions to deal with debt, the ultimate cause of the crisis. ... But there is a perspective that is missing in that logic. The ratio of debt or government spending to GDP depends on GDP and GDP growth cannot be considered as exogenous. ...
In a recent paper Olivier Blanchard, Eugenio Cerutti and Larry Summers show that persistence and long-term effects on GDP is a feature of any crisis, regardless of the cause. Even crises that were initiated by tight monetary policy leave permanent effects on trend GDP. Their paper concludes that under this scenario, monetary and fiscal policy need to be more aggressive given the permanent costs of recessions
Black Americans Would Have Been Better Off Renting Than Buying: ...white Americans with low net worth who bought during the boom years made out much better than black Americans who had the same timing and similar financial circumstances. Black families who bought in 2005 lost almost $20,000 of net worth by 2007, according to the paper. By 2011 those losses were more like $30,000. White homeowners didn’t have quite the same problem. Those who purchased in 2007 saw their net worth grow by $18,000 in two years, and then those gains eroded, leaving them with an increase of $13,000 by 2011. All told, the black families lost, on average, 43 percent of their wealth.
That news is perhaps to be expected given the inequities that exists in the housing market, including the quality of financing people have access to and the prospects of the neighborhoods they are buying into. The researchers note that neighborhood location, predatory loan practices, and how long families were able to hold on to homes all likely played a role in how white and black families fared during the early aughts. ...
The Labour Party’s ideological direction under leader David Cunliffe is currently being analysed by numerous leftwing commentators and activists – Chris Trotter being the most prominent. An ongoing debate is now occurring between Trotter who is optimistic and confident about the genuineness of Labour’s shift to the left, and people like John Moore who argue that Labour’s shift to the left is only minor and unlikely to result in significant leftwing reform. John Moore, first raised his critique of the Cunliffe-led Labour Party in his blog post The left's new love for Labour, which Trotter replied to with What’s Love Got To Do With It? Chris Trotter responds to John Moore’s critique of David Cunliffe. Now in a further guest blog post below, John Moore outlines the structural economic forces that will restrict a future Labour government from carrying out leftwing reforms. [Read more below]