Literary Friction

Jenny Turner: Kathy Acker’s Ashes, 19 October 2017

After Kathy Acker: A Literary Biography 
by Chris Kraus.
Allen Lane, 352 pp., £20, August 2017, 978 1 63590 006 4
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... to this London post-punk scene of an international idea of what an avant-garde might be,’ Michael Bracewell explained to Kraus. Acker explored the roots of her own subculture, and the roots of those roots too: Burroughs took her to Genet, who took her to the French and anti-French traditions, both homegrown and that of the anti-colonial ...
... up British firms. As the Americans began to flood in, Labour took over from the Conservatives, and Gordon Brown slapped a windfall tax of £1.5 billion on the electricity firms as punishment for their excess profits. It was easy for the Americans to borrow the money to pay, because their new acquisitions had so little debt on their books. But the windfall tax ...

When Bitcoin Grows Up

John Lanchester: What is Money?, 21 April 2016

... ten pounds’ worth of gold: the link between currency and gold was ended in 1971, and anyway, Gordon Brown sold off the Bank of England’s gold reserves in the 1990s. The fact is, there’s no answer to the question, ten pounds of what? The ten pound note is worth what it claims it is because the state, in the form of the Bank of England, says so, and we ...

The Satoshi Affair

Andrew O’Hagan, 30 June 2016

... The RaidTen men raided​ a house in Gordon, a north shore suburb of Sydney, at 1.30 p.m. on Wednesday, 9 December 2015. Some of the federal agents wore shirts that said ‘Computer Forensics’; one carried a search warrant issued under the Australian Crimes Act 1914. They were looking for a man named Craig Steven Wright, who lived with his wife, Ramona, at 43 St Johns Avenue ...