The Financial Times takes a detailed look at the Financial Computing Centre, home of future quants, where Michael Galas is working to build “a hedge fund without employees” and a crop of PhD candidates are using social media to predict the markets. Could these algorithms one day spill beyond finance, and influence education or social sciences?
“This inconvenient working-class revolution we are now witnessing has been accused of stupidity—I cursed it myself the day it happened—but the longer you look at it, you realize that in another sense it has the touch of genius, for it intuited the weaknesses of its enemies and effectively exploited them. The middle-class left so delights in being right! And so much of the disenfranchised working class has chosen to be fragrantly, shamelessly wrong.” Year in Reading alumna Zadie Smith shares her thoughts on Brexit.
Out this week: a new novel, Dissident Gardens, by Year in Reading alum Jonathan Lethem; Subtle Bodies by Norman Rush; His Wife Leaves Him by Stephen Dixon; Goat Mountain by Year in Reading alum David Vann; Someone by Alice McDermott; and Enon by Paul Harding, which Joseph M. Schuster wrote about for The Millions yesterday.
"If you can get some brilliant artists to make a musical about your childhood, I highly recommend it. It's very cathartic." Recent MacArthur fellow Alison Bechdel's hugely successful graphic memoir, Fun Home, has been adapted into a Broadway musical, and now she's written a coda to the book that looks at what the musical has meant to her and what it could have meant to her parents. Pair with our interview with Bechdel here.
Out this week: A House Without Windows by Nadia Hashimi; Divorce Is in the Air by Gonzalo Torné; The Gentleman by Forrest Leo; Addlands by Tom Bullough; and Liberty Street by Dianne Warren. For more on these and other new titles, go read our Great Second-Half Book Preview.