Why do you keep listening to ‘Hurt’ when you know that it will make you cry? And, more generally, what is it that we value about sad music?

Our paper (now in press) provides evidence for a new hypothesis:

We value sad music for the same reason we value sad conversations

In fact, the emotions that

(a) people value when expressed in music

turn out to be the same emotions that

(b) make people feel close to each other when expressed in conversations

https://philarchive.org/rec/ATTOTV

1776-1933 - major bank crisis every 10 years

1930s - FDR bank rules enacted

1930s-1980s - no major crisis

1980s - rules rolled back

1980s-2010 - major crisis every 10 years

2010 - Dodd-Frank rules enacted

2010-2018 - no major crisis

2018 - rules rolled back

2023 - crisis?