Monday, January 12, 2009

why quirkiness is necessary, even for the maintenance of capitalism?

Bad Music = Bad Economy?

Posted by Bossip Staff

jayz beyonce golden globes '09

For those of you who believe that music is a reflection of what’s going on in society, your suspicions may be confirmed. Peep what Beyonce’s newest hit may indicate:

Beyoncé’s worldwide hit, Single Ladies (Put a Ring On It), is not just catchy – it may spell doom for international finance. According to findings by Phil Maymin, professor of finance and risk engineering at New York University, the more regular the beat on Billboard’s top singles, the more volatile the American markets. After studying decades of Billboard’s Hot 100 hits, Maymin found that songs with low “beat variance” had an inverse correlation with market turbulence. Which is to say, the more regular the song, the crazier the stock market.

And Single Ladies is very regular. “If it’s a steady beat, the same beat, no matter if it’s fast or slow, that’s a low beat variance song,” Maymin explained to PRI Radio. These are the songs that signal market volatility. “[But] if [the song] starts off slow and becomes fast and comes back down, that’s a high beat variance.” And it means the markets will be steady.

Some of history’s steadiest hits – such as A-Ha’s Take On Me – were released at times of market crash. Whereas complex songs, “with all these beat changes and stuff”, seem to catch on when the markets are sedate.

“The correlation is pretty strong,” Maymin argued. Weirder still, the beat variance of songs seems to predict the markets - not the other way around. According to his research, the market becomes unstable only after the charts are full of steady tunes - almost as if certain hits can cause market shake-ups. “The turbulence of the music predicts the steadiness of the market,” Maymin explained. And Beyoncé’s chart dominance? Well, it may not mean good things for your pension.

If there’s even a shred of truth to this theory, these heffahs better get out there and record some classic, dynamic music for a change - ASAP. Unfortunately, given the short list of Billboard chart toppers, we may very well be f*cked.



Kismet said...

This is hilarious to me....

Sheena said...

Hilarious, eye-opening, telling.
More seriously, though, creativity is the thing here. Of course, as there is a rise in creativity in the marketplace and in other aspects of life, a space is created where we are better able to thrive.

So, let's get out there turn around our "economic crisis" with a little creative magic.

We are always the ones that end up fixing the world anyway.