Despite all the celebration, the Dow Jones industrial average has not hit record highs recently. If you adjust for inflation, the highs just aren't as high as they seem.
And even if it does hit a real, inflation-adjusted high in the next few weeks, it won't mean much. The Dow is a seriously flawed stock index, and it's certainly not a good way to measure what's going on in the overall economy.
On today's show, we rain on the Dow's parade and explain why a lot of very smart people say we should ignore the Dow.
Originally published on Tue April 30, 2013 11:22 am
The music of electroacoustic composer Dan Deacon is defined by its extreme eclecticism. A tangle of sputtering beats, Disklaviers and homemade instruments, Deacon's compositional style draws as much from Conlon Nancarrow and electronic music pioneer Raymond Scott as it does from the worlds of pop, electronic and dance music.
Originally published on Tue March 12, 2013 3:47 pm
There's no way you can really reduce the photographic history of a place to just a few artists, let alone two. But the curators at L.A.'s J. Paul Getty Museum are trying — in the forthcoming exhibition, Japan's Modern Divide.
By focusing on two artists, the show will examine how, as Japan faced westernization, photography diverged in two general directions: Hiroshi Hamaya's documentary style centered on Japan's traditional culture, while Kansuke Yamamoto's avant-garde art more closely aligned with French surrealism.
Originally published on Tue March 12, 2013 11:49 am
Beck Hansen's 12th and newest album isn't much of an album at all. Song Reader is a collection of 20 songs rendered as sheet music, released in December by McSweeney's Publishing. With the exception of one song performed at a benefit concert, Beck hasn't performed any of these songs live. The recordings can't be downloaded; you can't buy them on CD.
Originally published on Sat April 13, 2013 12:48 pm
We inhabit a world of blinding technological change. New devices, new programs and new infrastructure rise up, dominate discourse and pass away before we even have time to comprehend their intent. But for all the change we've experienced, the the most profound transformation of the digital era is really just getting started. Welcome to the era of Big Data.
Originally published on Tue March 12, 2013 12:03 pm
Roots-rock band The Iguanas make their third appearance on Mountain Stage, recorded live on the campus of West Virginia University in Morgantown, W.Va. Combining jazz, zydeco, blues and Tex-Mex music with R&B and roots rock, The Iguanas have spent nearly 25 years cultivating a loyal live following.
Originally published on Tue March 12, 2013 6:23 pm
As he has said many times in recent years, House Budget Committee Chairman Paul Ryan is no fan of President Obama's health care law. The Republican repeated his view again Tuesday as he laid out the House Republicans' proposed budget: