The Magic Lever

Donald MacKenzie: How the Banks Do It, 9 May 2013

... ratios: go directly to the balance sheet, find the total equity and total assets, and divide. You may not find the exercise entirely reassuring.) Equity of less than – sometimes much less than – 5 per cent was in the case of many banks simply too little to allow them to absorb the losses incurred in the crisis. Between June 2007 and June 2009, the first ...

Even If You Have to Starve

Ian Penman: Mod v. Trad, 29 August 2013

Mod: A Very British Style 
by Richard Weight.
Bodley Head, 478 pp., £25, April 2013, 978 0 224 07391 2
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... mostly conducted in bracing seaside ozone. Talk of scooter-borne ‘vermin’ aside, the real fear may have had less to do with physical aggro and more to do with the difficulty of slotting Mod into any obvious class or subcult genealogy. (Even the word ‘subculture’ suggests soil, shadow, dirt; airless oubliettes; greasy rungs leading down into a Harry ...

Institutional Hypocrisy

David Runciman: Selling the NHS, 21 April 2005

Restoring Responsibility: Ethics in Government, Business and Healthcare 
by Dennis Thompson.
Cambridge, 349 pp., £16.99, November 2004, 0 521 54722 9
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NHS plc: The Privatisation of Our Healthcare 
by Allyson Pollock.
Verso, 271 pp., £15.99, September 2004, 1 84467 011 2
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Brown’s Britain 
by Robert Peston.
Short Books, 369 pp., £14.99, January 2005, 1 904095 67 4
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... healthcare in Britain should be funded that personal hypocrisy is not much of an issue. Tony Blair may not be able to bring himself to educate his children in the comprehensive system that has to suffice for most parents, but when it comes to health he is happy to take his chances with the NHS (knowing, of course, that he will be well looked ...

Jane Austen’s Latest

Marilyn Butler, 21 May 1981

Jane Austen’s ‘Sir Charles Grandison’ 
edited by Brian Southam.
Oxford, 150 pp., £7.95, March 1981, 0 19 812637 9
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... kind of noise – the sound of scholars breaking lances. Some of the likely murmurs of complaint may prove a bit churlish. Of course we should have preferred a novel, and a polished performance rather than one written as a family entertainment, and an original Austen work rather than one initiated by Richardson. Yet, if it had to be an adaptation, no work by ...

Transdimensional Cuckoo

Adam Mars-Jones: On Katie Kitamura and Richard Price, 22 May 2025

Audition 
by Katie Kitamura.
Fern, 208 pp., £18.99, April, 978 1 911717 32 4
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Lazarus Man 
by Richard Price.
Corsair, 352 pp., £22, January, 978 1 4721 5991 5
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... mine in Anzin while researching for Germinal. Zola posed as an official to gain access, but there may be no mystery in getting people to talk. Taking an interest is all that’s needed.Price restricts the geographical and demographic reach of his narrative to the area around Lenox Avenue (also known as Malcolm X Boulevard), which runs north-south through ...

The Great Fear

William Lamont, 21 July 1983

Charles I and the Popish Plot 
by Caroline Hibbard.
North Carolina, 342 pp., £21, May 1983, 0 8078 1520 9
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Charles I: The Personal Monarch 
by Charles Carlton.
Routledge, 426 pp., £14.95, June 1983, 9780710094858
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The Puritan Moment: The Coming of Revolution in an English County 
by William Hunt.
Harvard, 365 pp., £24, April 1983, 0 674 73903 5
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... recalls H.L. Mencken’s definition of Puritanism as ‘the haunting fear that someone, somewhere, may be happy.’ He attacked Caroline Teddy Boys in his first tract against long hair; the second work was a sustained whine against drinking. He wrote the longest, if not the most weighty, attack on stage plays, defended the Sabbath and attacked ...

Charmed Life

John Bayley, 15 September 1983

The Russian Revolutionary Novel: Turgenev to Pasternak 
by Richard Freeborn.
Cambridge, 256 pp., £27.50, January 1983, 0 521 24442 0
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Boris Pasternak: His Life and Art 
by Guy de Mallac.
Souvenir, 450 pp., £14.95, February 1983, 0 285 62558 6
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Pasternak: A Biography 
by Ronald Hingley.
Weidenfeld, 294 pp., £12.95, August 1983, 9780297782070
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Selected Poems 
by Boris Pasternak, translated by Jon Stallworthy and Peter France.
Allen Lane, 160 pp., £7.50, February 1983, 0 7139 1497 1
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Poets of Modern Russia 
by Peter France.
Cambridge, 240 pp., £20, February 1983, 0 521 23490 5
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Russian Literature since the Revolution 
by Edward Brown.
Harvard, 413 pp., £20, December 1982, 0 674 78203 8
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... uses and its presence is so much taken for granted as to be relatively benign. Though bad art may embody poshlost, its pretensions are usually harmless and recognisable: worse things happen when good art is taken up by poshlost, and has the kind of qualities which it can take over. When does this happen? Not with Mozart, with Shakespeare or with ...

The Trouble with Psychological Darwinism

Jerry Fodor, 22 January 1998

How the Mind Works 
by Steven Pinker.
Penguin, 660 pp., £25, January 1998, 0 7139 9130 5
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Evolution in Mind 
by Henry Plotkin.
Allen Lane, 276 pp., £20, October 1997, 0 7139 9138 0
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... to believe that at least some rational processes are not local in either of these respects. It may be that wherever either semantic or global features of mental processes begin to make their presence felt, you reach the limits of what Turing’s kind of computational rationality is able to explain. As things stand, what’s beyond these limits is not a ...

Smashing the Teapots

Jacqueline Rose: Where’s Woolf?, 23 January 1997

Virginia Woolf 
by Hermione Lee.
Chatto, 722 pp., £20, September 1996, 0 7011 6507 3
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... the aggressor? What might lead someone to seem passionately to covet what they most fear? We may be tempted to read the moment in Germany as the most cynical form of self-protection, but the later moment reminds us that the most inappropriate, seemingly irrational forms of behaviour can surface during a war. People can be calm when they should be ...

A Susceptible Man

Ian Sansom: The Unhappy Laureate, 4 March 1999

Living in Time: The Poetry of C. Day Lewis 
by Albert Gelpi.
Oxford, 246 pp., £30, March 1998, 0 19 509863 3
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... and discharge this responsibility, Gelpi takes the task extremely seriously: Day Lewis’s poetry may have ‘fallen from notice or discussion’, but Gelpi is confident that his reassessment of his work, ‘will confirm his place as one of the major British poets of this century’. From the outset, readers of the book are left in little doubt that they are ...

Always the Bridesmaid

Terry Castle: Sappho, 30 September 1999

Victorian Sappho 
by Yopie Prins.
Princeton, 278 pp., £40, May 1999, 0 691 05918 7
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... just not true! Ovid all bollocks. Would have been in love with me, had I lived in ancient Greece. May in fact have been referring to me in Wretched Tatty Papyrus Fragment No. 211 (Lobel-Page): Come [Terry?] … cast off your [air-cushioned?] Nikes the [?] nightingale [?] … Sappho of Lesbos has always seemed more phantasm than historical personage, of ...

Go girl

Jacqueline Rose: The intimate geography of women, 30 September 1999

Woman: An Intimate Geography 
by Natalie Angier.
Virago, 398 pp., £17.99, March 1999, 1 86049 685 7
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Midnight Salvage: Poems 1995-98 
by Adrienne Rich.
Norton, 75 pp., £14.95, March 1999, 0 393 04682 6
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... The bonobo is the best living example we have of a gynae-cocentric primate world. Gynaecocracy may not, however, be an idyllic affair. Rich spoke of ‘empowering joy’ between women, but Angier is more cautious. Bonobos ‘fight, and they’re hierarchical and greedy, and they can be murderous towards each other’. A whole chapter of Woman: An Intimate ...

Fleeing the Mother Tongue

Jeremy Harding: Rimbaud, 9 October 2003

Rimbaud Complete 
edited by Wyatt Mason.
Scribner, 656 pp., £20, November 2003, 0 7432 3950 4
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Collected Poems 
by Arthur Rimbaud, edited by Martin Sorrell.
Oxford, 337 pp., £8.99, June 2001, 0 19 283344 8
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L'Art de Rimbaud 
by Michel Murat.
Corti, 492 pp., €23, October 2002, 2 7143 0796 5
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Arthur Rimbaud 
by Jean-Jacques Lefrère.
Fayard, 1242 pp., €44.50, May 2001, 2 213 60691 9
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Arthur Rimbaud: Presence of an Enigma 
by Jean-Luc Steinmetz, edited by Jon Graham.
Welcome Rain, 464 pp., $20, May 2002, 1 56649 251 3
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Rimbaud 
by Graham Robb.
Picador, 552 pp., £8.99, September 2001, 0 330 48803 1
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... always another step worth taking away from the well-turned ornament. ‘Memory’ is undated. It may have been written before the ‘Last Poems’ of 1872, sometimes known as ‘New Poems’ or ‘Songs’, but this is where it has come to rest in the running order. It is a difficult, unaccommodating poem, despite the impartial courtesies of the 12-syllable ...

Pluralism and the Modern Poet

Seamus Perry, 19 February 2026

... insofar as it realises its absolute unity, then the pluralist is ‘willing to believe that there may ultimately never be an all-form at all, that the substance of reality may never get totally collected’. In short, in the pluralist’s view of things, all you ever have, or could want to have, is what James calls ‘the ...

Among the Flutterers

Colm Tóibín: The Pope Wears Prada, 19 August 2010

The Pope Is Not Gay 
by Angelo Quattrocchi, translated by Romy Clark Giuliani.
Verso, 181 pp., £8.90, June 2010, 978 1 84467 474 9
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... behind it, and with, what we need, more love than the other buildings, however sanctioned they may be under the latest laws. Within 15 years of McGahern’s essay, the power of the Church in Ireland has been fatally undermined. A number of reports into the abuse of children by members of the Catholic clergy have found that such abuse was widespread, at ...