What if they start saving again?

Wynne Godley: The US economy (2000), 6 July 2000

... 6.9 per cent of income, 9-10 per cent below what used to be normal. Whatever this private deficit may portend for the future, it is certainly entirely different from anything that has ever happened before – at least in the US. The general view seems to be that private expenditure has risen because capital gains are being spent; so everything should be all ...

Prophet of the Rocks

Richard Fortey: William Smith, 9 August 2001

The Map that Changed the World: The Tale of William Smith and the Birth of a Science 
by Simon Winchester.
Viking, 338 pp., £12.99, August 2001, 0 670 88407 3
Show More
Show More
... individual effort required to produce it. If Winchester has his way, Smith’s portrait may yet appear on the £10 note, and the ‘father of English geology’ nudge Darwin off it. Smith was fortunate to have first studied the strata around Bath, where the rock succession provided a ready key to his understanding. He was also blessed with unusual ...

Lacanian Jesuit

David Wootton: Michel de Certeau, 4 October 2001

The Possession at Loudun 
by Michel de Certeau, translated by Michael Smith.
Chicago, 251 pp., £27, August 2000, 0 226 10034 0
Show More
The Certeau Reader 
edited by Graham Ward.
Blackwell, 320 pp., £60, November 1999, 0 631 21278 7
Show More
Michel de Certeau: Cultural Theorist 
by Ian Buchanan.
Sage, 143 pp., £50, July 2000, 0 7619 5897 5
Show More
Show More
... performing their parts; but the possessed priests were genuinely beside themselves. Dog’s Dick may have started as a joke, but by the time he inhabited Father Tranquille he was as authentic as a demon can be. This is the story of Loudun. We already know it, for Aldous Huxley, writing against the background of McCarthyism, told it in The Devils of Loudun ...

Everybody knows

Christina Gombar: Kate Jennings, 22 August 2002

Moral Hazard 
by Kate Jennings.
Fourth Estate, 180 pp., £10, April 2002, 1 84115 737 6
Show More
Show More
... they have the power to sink Third World economies. Half-understood, seemingly arbitrary actions may cause untold human suffering. She has no illusions about changing the system – she isn’t in any position to do so – but she disapproves of bankers on principle, just as her bosses disapprove of the literary flourishes she injects into the speeches she ...

High-Step with a Bull

T.J. Clark: Picasso, The Vollard Suite, 2 August 2012

Picasso Prints: The Vollard Suite 
British MuseumShow More
Show More
... innocuous (like the model’s fingers in the old man’s chest hair); the bull and the woman he may be abducting are both tied up, not very convincingly, with strings of flowers; a curtain comes down on the performance as a gentle shower of rain. The model still has on her Bacchic garland, and the sculptor is dreaming of his days as a wild thing. (Picasso ...

Are you part Neanderthal?

Steven Mithen: Early Humans, 1 December 2011

Origin of Our Species 
by Chris Stringer.
Allen Lane, 333 pp., £20, June 2011, 978 1 84614 140 9
Show More
Show More
... to have a distinctive number of Neanderthal genes. Stringer bravely suggests who the Denisovans may have been and how the Melanesians came to have such a mixed genetic heritage. But the reality is that these are unsolved mysteries. Here is another one: how can ‘modern behaviour’, as represented by innovative stone tools and symbolic artefacts, appear in ...

Can Clegg be forgiven?

Ross McKibbin: 5 May, 2 June 2011

... to stand for the same things they stand for. Their humiliation by their coalition partners on 5 May has given them reason to change tack: the mutiny of some Lib Dems in the House of Lords has led to the defeat of the police chief proposals (whipped by Clegg through the Commons) and opposition to much of the NHS legislation is now officially sanctioned by ...

Diary

Stephanie Burt: My Life as Stephanie, 11 April 2013

... the session were that girlish looks need more blush, sophisticated adult looks less, though they may need more mascara. I learned that a business card, held against the temple, prevents eyeshadow overshoot. ‘Eyebrows,’ the workshop leader said, ‘are a whole other world.’ Watching her manipulate her brushes, her eyeliner applicator, I remembered how ...

Tomorrow they’ll boo

John Simon: Strindberg, 25 October 2012

Strindberg: A Life 
by Sue Prideaux.
Yale, 371 pp., £25, February 2012, 978 0 300 13693 7
Show More
Show More
... called madness. Prideaux writes of his paranoia, but – one neurosis not excluding another – he may also have suffered from manic depression. Periods of intense productivity rapidly succeeded others of total fallowness; amiability followed reclusiveness and misanthropy. ‘I never go anywhere. I hate human beings,’ he told Isadora Duncan. One might say ...

Night Jars

Thomas Jones: ‘The North Water’, 14 July 2016

The North Water 
by Ian McGuire.
Scribner, 326 pp., £14.99, February 2016, 978 1 4711 5124 8
Show More
Show More
... blood-soaked transmutations, and Henry Drax is its wild, unholy engineer.’ At which point, you may well be wondering: and I’m reading this historical paedo-snuff because? But then you take another look at that last sentence, and notice the way it slides – undergoing, you might say, a blood-soaked transmutation – from ‘magic’ to ...

Balls in Aquaria

Thomas Crow: Joseph Rykwert, 23 October 2008

The Judicious Eye: Architecture against the Other Arts 
by Joseph Rykwert.
Reaktion, 496 pp., £29.95, June 2008, 978 1 86189 358 1
Show More
Show More
... venerated antiquity and suggests a promise (however empty) of social benefit. Whatever Versailles may not have been, it certainly was a public building, a stage set for the sovereign to play the spectacle of power.’ But the same could be said of the sheikhs of Abu Dhabi and Dubai, who aim to draw businessmen and tourists by the jet-load to witness the ...

Blood Boiling

Paul Foot: Corporate takeover, 22 February 2001

Captive State: The Corporate Takeover of Britain 
by George Monbiot.
Macmillan, 430 pp., £12.99, September 2000, 0 333 90164 9
Show More
No Logo 
by Naomi Klein.
Flamingo, 501 pp., £8.99, January 2001, 0 00 653040 0
Show More
Show More
... capitalist prosperity. Instead of the torch of freedom, Klein writes, ‘it seems that it may be the torch of authoritarianism that is being carried by those determined to go global.’ Both identify the chief menace of the modern world as the multinational corporations and their unelected boardrooms. Both suggest that the power and greed of these ...

Giant Goody Goody

Edwin Morgan: Fairytales, 24 May 2001

The Complete Fairytales 
by George MacDonald, edited by U.C. Knoepflmacher.
Penguin, 354 pp., January 2000, 0 14 043737 1
Show More
Ventures into Childland: Victorians, Fairytales and Femininity 
by U.C. Knoepflmacher.
Chicago, 444 pp., £24.50, June 2001, 0 226 44816 9
Show More
Show More
... A fairytale, whatever messages may be inserted into it or teased out from it, is a tale of marvels. A cat struts past in boots. A demon swells out from a lamp like steam from a kettle. A princess cannot sleep because a pea below her twenty mattresses is hurting her. A prince is metamorphosed from a frog (the poet Norman MacCaig used to say it would be even better if a frog metamorphosed from a prince ...

Prizefighters

Mark Mazower: The UN, 22 March 2007

The Best Intentions: Kofi Annan and the UN in the Era of American Power 
by James Traub.
Bloomsbury, 442 pp., £20, November 2006, 0 7475 8087 1
Show More
The Parliament of Man: The United Nations and the Quest for World Government 
by Paul Kennedy.
Allen Lane, 361 pp., £25, July 2006, 0 7139 9375 8
Show More
Show More
... Hussein’s regime has highlighted the UN’s importance and the peculiar nature of its power. It may be a talking-shop, but it is also the repository of a legitimacy that no single nation can claim. Without this legitimacy, brute force finds it difficult to accomplish anything that is lasting. It was because the UN’s founders understood this, from their ...

Babylon with Bananas

Michael Newton: Tarzan's best friend, 29 January 2009

Me Cheeta: The Autobiography 
by Cheeta.
Fourth Estate, 320 pp., £16.99, October 2008, 978 0 00 727863 3
Show More
Show More
... after their ravages. So although Chapter 8 has been excised on legal grounds, the curious reader may infer its contents from the index entries on Esther Williams, the ‘million-dollar mermaid’. These include: ‘Williams, Esther, egomania of’, ‘nauseatingly self-justifying autobiography of’ and ‘vow of revenge taken by Cheeta’. However, those ...