If we needed evidence that electronic dance music is a force in pop culture, last weekend’s Ultra Music Festival held downtown here provided it. Some 150,000 tickets were sold to the three-day event–about equal to the total for last year’s Coachella Music & Arts Festival in the desert town of Indio, Calif., and about twice the number for June’s Bonnaroo Music & Arts Festival in Manchester, Tenn.
Whereas Coachella 2011, next month, will feature Arcade Fire, Kanye West, Kings of Leon and the Strokes as its rock and pop headliners, and Bonnaroo will offer Eminem, Robert Plant & Band of Joy and a reunited Buffalo Springfield (as well as Arcade Fire and the Strokes), the biggest name at Ultra Music–at least to a mainstream audience–was Duran Duran, which was here to promote its new album. But traditional measurements for rock-and-pop success are irrelevant in the electronic-dance culture. Witness Tiësto, the stage name of the Dutch disc jockey, producer and composer Tijs Michiel Verwest, the headliner on Friday, Ultra’s opening night. Though he’s never had a crossover radio hit and his solo albums sell modestly, Tiësto is a major international star, as confirmed by one familiar evaluation: His annual income apparently exceeds $20 million.

Associated Press::

BERLIN — Germany should become a leader in international data protection standards, the country’s justice minister said Friday, and she praised WikiLeaks for helping raise awareness of the issue in the United States.
Sabine Leutheusser-Schnarrenberger, who has clashed with U.S. internet giants such as Google and Facebook over privacy issues, announced the establishment of a new German foundation that would explore data security issues, such as how a high security standard could be used to competitive advantage and develop technology to protect user privacy.

Alex Tabarrok::

I Chose Liberty, a collection of short intellectual biographies of contemporary libertarians edited by Walter Block, is quite entertaining. Richard Epstein, Gordon Tullock, Judge Napolitano, John Hasnas, Ron Paul, Bryan Caplan, myself and many others are included.

Chrystia Freeland::

IF YOU HAPPENED to be watching NBC on the first Sunday morning in August last summer, you would have seen something curious. There, on the set of Meet the Press, the host, David Gregory, was interviewing a guest who made a forceful case that the U.S. economy had become “very distorted.” In the wake of the recession, this guest explained, high-income individuals, large banks, and major corporations had experienced a “significant recovery”; the rest of the economy, by contrast—including small businesses and “a very significant amount of the labor force”—was stuck and still struggling. What we were seeing, he argued, was not a single economy at all, but rather “fundamentally two separate types of economy,” increasingly distinct and divergent.

This diagnosis, though alarming, was hardly unique: drawing attention to the divide between the wealthy and everyone else has long been standard fare on the left. (The idea of “two Americas” was a central theme of John Edwards’s 2004 and 2008 presidential runs.) What made the argument striking in this instance was that it was being offered by none other than the former five-term Federal Reserve Chairman Alan Greenspan: iconic libertarian, preeminent defender of the free market, and (at least until recently) the nation’s foremost devotee of Ayn Rand. When the high priest of capitalism himself is declaring the growth in economic inequality a national crisis, something has gone very, very wrong.

This widening gap between the rich and non-rich has been evident for years. In a 2005 report to investors, for instance, three analysts at Citigroup advised that “the World is dividing into two blocs—the Plutonomy and the rest”:

Jim Fallows:

The Atlantic’s Jeffrey Goldberg and I conducted the interview. We’ve been long-time critics of the TSA’s strategy and tactics, and we wanted to hear “the other side” from the person in charge. Jeff Goldberg gives a brief intro to the interview here, and I do here.

I think Pistole’s comments as a whole are illuminating for one main reason: they show that he has at least thought about the major lines of criticism of what the TSA is and does. That sounds like nothing, but it’s significant in itself, since over the years so much of the “explanation” emanating from the national-security state has boiled down to “we can’t tell you” or “because we say so.” (Is that unfair? Think of the “Oh, this is crucial to our safety” rationalizations given for the idiotic “Threat Level is Orange” announcements, until all of a sudden color-coded threat alerts were dropped last month. Or the insistence that air safety would be imperiled unless uniformed pilots went through exactly the same security procedures as everyone else — until last month that rule changed too.) At no point in our discussion did Pistole seem defensive or insistent on a straight party line — think of the typical White House briefer fending off journalists if you want an idea of how he did not seem — and he gave evidence of having actually thought about most of the issues we raised.

Tina Sussman:

In the cornucopia of kitschy roadside attractions, few rival the Corn Palace, a monument to maize that rises from this prairie town’s main drag like a Hollywood prop tossed off the back of a big rig barreling down the interstate.

Its green-and-yellow onion domes and spires tower over Main Street, an otherwise unremarkable avenue of low-rise buildings. Golden husks and hundreds of thousands of colorful cobs — held in place by more than a ton of nails, wires and staples — blanket the exterior. Inside, the enticing aromas of popped corn, candied corn and raw ears of corn float down hallways lined with old photographs of the World’s Only Corn Palace, as it is described in fliers and on billboards.

But times and tastes have changed since the Corn Palace gained fame in 1892, and there is concern about dwindling visits to the attraction, which is key to the economy in this southeastern South Dakota town of 14,500. In a September editorial, the local newspaper, the Daily Republic, called for a “new incarnation” of the venue, which was built as a means of encouraging farmers to put down roots in the region.

Eric Cantor:

I don’t think any of us ran for Congress with the idea that we could finally provide a subsidy to this industry or that, or to this community or that. Or that we would vote to continue the same federal programs and agencies that are failing our citizens and bankrupting our children and grandchildren. And I know none of us ran with the idea that we should go to Washington to congratulate a collegiate basketball team for having a good season – or feel obligated that we needed to do so – even if we happened to be a fan.
Yet that is what we have been doing under the recent Democrat majority and even all too often under the previous Republican majority. Our problems have grown too immense to waste any more time. America stands at a crossroads, and the decisions we make at this very moment will determine the type of country that our children will live in.
That is why we will drain the swamp rather than learning to swim with the alligators.
How?
We start by rethinking how time is spent and about the types of legislation that will be considered on the House floor. We start by identifying our top policy goals and committing to take concrete steps every single week to advance those goals. And we hold each other accountable with this simple question: are the actions of the House, our committees, and our Conference consistent with our principles and do they advance the nation’s priorities?

It will be fascinating to see how this actually plays out…. particularly with respect to earmarks. Retiring Wisconsin Congressman David Obey ranked 5th in 2010 earmarks at $55,435,000. Local Representative Tammy Baldwin garned $8,968,000 in solo (16) 2010 earmarks and $21,636,800 in earmarks with other members.

Steven Johnson:

The musician and artist Brian Eno coined the odd but apt word “scenius” to describe the unusual pockets of group creativity and invention that emerge in certain intellectual or artistic scenes: philosophers in 18th-century Scotland; Parisian artists and intellectuals in the 1920s. In Eno’s words, scenius is “the communal form of the concept of the genius.” New York hasn’t yet reached those heights in terms of internet innovation, but clearly something powerful has happened. There is genuine digital-age scenius on its streets. This is good news for my city, of course, but it’s also an important case study for any city that wishes to encourage innovative business. How did New York pull it off?

There are no easy answers. Kevin Kelly, co-founder of Wired magazine and author of What Technology Wants (2010), writes in the book: “The serendipitous ingredients for scenius are hard to control. They depend on the presence of the right early pioneers. A place that is open, but not too open. A buffer that is tolerant of outlaws. And some flash of excitement to kick off the virtuous circle. You just can’t order this.”

And yet, even if scenius is lightning in a bottle, there are surely some practices that make you more likely to capture the lightning when it does strike. In an age of public sector austerity on both sides of the Atlantic the good news is that most of them don’t involve massive top-down government spending. (Although, in New York’s case, it does help to have a tech-geek entrepreneur as mayor, in the form of billionaire Michael Bloomberg.)

A vibrant start-up culture requires a healthy community of venture capital firms willing to back risky ideas. New York has a number of gifted venture and angel investors, led by Fred Wilson and Brad Burnham at Union Square Ventures, which supports a number of the city’s web start-ups including outside.in. But investors need ideas perhaps more than ideas need investors, particularly in an age when starting a web business is amazingly cheap. So the real question is: how did New York find itself generating so many interesting ideas?

Seymour Hersh:

The plane carried twenty-four officers and enlisted men and women attached to the Naval Security Group Command, a field component of the National Security Agency. They were repatriated after eleven days; the plane stayed behind. The Pentagon told the press that the crew had followed its protocol, which called for the use of a fire axe, and even hot coffee, to disable the plane’s equipment and software. These included an operating system created and controlled by the N.S.A., and the drivers needed to monitor encrypted Chinese radar, voice, and electronic communications. It was more than two years before the Navy acknowledged that things had not gone so well. “Compromise by the People’s Republic of China of undestroyed classified material . . . is highly probable and cannot be ruled out,” a Navy report issued in September, 2003, said.
The loss was even more devastating than the 2003 report suggested, and its dimensions have still not been fully revealed. Retired Rear Admiral Eric McVadon, who flew patrols off the coast of Russia and served as a defense attaché in Beijing, told me that the radio reports from the aircraft indicated that essential electronic gear had been dealt with. He said that the crew of the EP-3E managed to erase the hard drive—“zeroed it out”—but did not destroy the hardware, which left data retrievable: “No one took a hammer.” Worse, the electronics had recently been upgraded. “Some might think it would not turn out as badly as it did, but I sat in some meetings about the intelligence cost,” McVadon said. “It was grim.”

Brooke Masters and Joseph Menn:

Reported thefts of information and electronic data have risen by half in the past year and for the first time have surpassed physical property losses as the biggest crime problem for global companies, the Kroll annual global fraud survey has found.

More than 27 per cent of 801 companies surveyed reported data losses, up from 18 per cent last year, while the share of companies reporting physical theft fell slightly from 28 per cent in 2009. Management conflict of interest rose slightly from 19 to 20 per cent.

“This is a reflection of the changing nature of the economy. More and more of the value of a company is intangible rather than things. Firms don’t make widgets. They make ideas,” said Richard Plansky, who heads the risk consultancy’s New York office.