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John Lanchester: The Biggest Scandal of All, 4 July 2013

... to put it, not quite so serious as all that? On 5 March this year, the chairman of the bank, Sir John Peace, said the following clunky thing: ‘We had no wilful act to avoid sanctions; you know, mistakes are made – clerical errors – and we talked about, last year, a number of transactions which clearly were clerical errors or mistakes that were ...

‘The Meeting of the Waters’

John Barrell, 27 July 2017

... made of it than either the waters or their meeting deserve.’ This is the English travel writer John Barrow writing of the Vale of Avoca in 1835. Like him, I find it hard to decide on the register of the phrase, so lyrical as a song title, so grandiloquent as a synonym for ‘confluence’; unlike Barrow, I find these meetings fascinating, but I don’t ...

For Every Winner a Loser

John Lanchester: What is finance for?, 12 September 2024

The Fund: Ray Dalio, Bridgewater Associates and the Unravelling of a Wall Street Legend 
by Rob Copeland.
Macmillan, 352 pp., £22, August, 978 1 5290 7560 1
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The Trading Game: A Confession 
by Gary Stevenson.
Allen Lane, 432 pp., £25, March, 978 0 241 63660 2
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... to the current condition of the financial industry, Other People’s Money, published in 2015, John Kay talks about the state of the UK banking sector, whose assets then were about £7 trillion, four times the aggregate income of everyone in the country. But the assets of British banks ‘mostly consist of claims on other banks. Their liabilities are ...

The Last Cigarette

John Bayley, 27 July 1989

Memoir of Italo Svevo 
by Livia Veneziani Svevo, translated by Isabel Quigly.
Libris, 178 pp., £17.95, April 1989, 1 870352 40 8
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... In the context of modern culture ‘ordinary people’ are not seen as individuals but as representative embodiments of the right sort of social attitudes. Modernism also saw them in the mass, and disliked or ignored it: D.H. Lawrence, like Wyndham Lewis, made a principle out of such generalised contempt. As an ordinary person one would perhaps rather be despised by Modernism than recruited into the socialist pantheon, for there are at least two great writers, usually counted as Modernists, in whose work ordinariness achieves a highly individual and idiosyncratic literary status – James Joyce and Italo Svevo ...

Diary

John Lloyd: In Moscow, 12 September 1991

... Like the October Revolution, the August Putsch took place (or failed to take place) in a few confined areas, mainly of the capital city. The only possible target outside Moscow would have been the Leningrad (soon to be St Petersburg) Soviet. Moscow was the key, as St Petersburg (soon to be Leningrad) had been 74 years before; and as the whole world now knows, it was the Supreme Soviet of the Russian Federation, a big white slab of a Seventies construction on the Moscow River, which had to be knocked out ...

Elementary

John Sutherland, 8 July 1993

Air and Fire 
by Rupert Thomson.
Bloomsbury, 310 pp., £15.99, April 1993, 0 7475 1382 1
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Dreams of Leaving 
by Rupert Thomson.
Penguin, 435 pp., £6.99, April 1993, 0 14 017148 7
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The Five Gates of Hell 
by Rupert Thomson.
Penguin, 368 pp., £5.99, March 1992, 0 14 016537 1
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... In order to write this book, I had to do a great deal of research,’ Rupert Thomson tells us; the research for Air and Fire evidently took two forms. The narrative centres on the quixotic attempt by a disciple of Gustave Eiffel to build a modernist cathedral, based on the Tower’s logical steel geometry. This would be unsurprising in 1890-something, except that this architect chooses to build his cathedral in a god-forsaken small town in Baja California, the peninsula that dangles along the West Coast with the Gulf of Mexico on one side and the Pacific wastes on the other ...

Russophobia

John Klier, 19 April 1990

... Academician I.R. Shafarevich is a world-famous mathematician specialising in algebra and number theory, a member of the Royal Society and of the American Academy of Arts and Sciences. Andrei Sinyavsky may dismiss his ideas as ‘ridiculous’ and suggest that he has no significance except as a stalking-horse for the ideas of Solzhenitsyn, but the excitement generated by his musings on Russian society, and especially by his essay ‘Russophobia’ which appeared last year in Nash Sovremennik, would seem to indicate that many Russians respect his role as an ideologue of contemporary Russian nationalism ...

A Visit to Reichenau

John Barton, 14 June 1990

The Formation of Christendom 
by Judith Herrin.
Fontana, 533 pp., £9.99, September 1989, 0 00 686182 2
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... Despite its enormous learning, Judith Herrin’s work is marked by small personal touches which humanise the intricate story it tells. In an Afterword, she recalls a visit to Reichenau, which will ring bells for anyone who has visited the great monastic centres there and elsewhere around Lake Constance. In this small, quiet, sunny spot in the foothills of the Alps all the sources of Carolingian culture, both literary and artistic, had been concentrated by the mid-ninth century ...

Let the cork out

John Bayley, 26 October 1989

Foucault’s Pendulum 
by Umberto Eco, translated by William Weaver.
Secker, 641 pp., £14.95, October 1989, 0 436 14096 9
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The Open Work 
by Umberto Eco, translated by Anna Cancogni.
Radius, 285 pp., £9.95, October 1989, 0 09 175896 3
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... Stendhal, or Lieutenant Henri Beyle, as he then was, irritated his shivering companions round the campfire on the retreat from Moscow by chuckling aloud over a tattered copy of Voltaire’s Diatribe of Dr Akakia. But laughing at human folly is more often a comfortable activity reserved for the study and the reading-room. At one moment in Foucault’s Pendulum someone snaps his fingers excitedly and says: ‘It’s obvious ...

Diary

John Ziman: On Cold Fusion, 18 May 1989

... The first report of ‘test-tube fusion’ came on the morning news. We debated the plausibilities energetically over the breakfast table. Relative roles were quickly established. Professorial habits die hard. I found myself conducting a tutorial explaining why it sounded about as probable as a flying pig. Naturally, dogmatism was contested. Science must always allow a vast benefit of doubt for anything striking at established doctrine ...

Irreversibility

John Ziman, 18 March 1982

From Being to Becoming 
by Ilya Prigogine.
Freeman, 272 pp., £13.50, December 1980, 0 7167 1107 9
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... No one will take me seriously,’ complains the scientific pioneer, exploring far ahead of the pack. We fully sympathise: but it is not easy to ‘take seriously’ a surmise that seems wildly at variance with our comfortable notions of reality. ‘The Earth going round the sun? Fiddlesticks.’ ‘Men descended from Apes? Pshaw!’ ‘Drifting continents? Whatever next?’ How deplorable to scoff, and yet how difficult to pick out the one such idea in a thousand that is not, after all, as wrongheaded as it first seems ...

Diary

John Lanchester: Arsenalesque Melancholy, 3 December 1992

... Most of the men I know display more emotion about football than they do about anything else. The most obvious of these emotions – the one that makes the biggest impression on first-time attendees at football matches – is anger. Everything from mild irritation to outright pre-psychotic fury is on open display; even celebration can look like a form of rage ...

So far so Bletchley Park

John Ray, 8 June 1995

Deciphering the Indus Script 
by Asko Parpola.
Cambridge, 374 pp., £60, September 1994, 0 521 43079 8
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The World on Paper 
by David Olson.
Cambridge, 318 pp., £17.95, May 1994, 0 521 44311 3
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... In Phaedrus, Plato quotes a story in which the god of writing appears to an early Pharaoh holding his new invention, the hieroglyphic script. The king tells the god to take it away, because it would ruin his subjects’ powers of memory and concentration, and fill them with the delusion that they knew things when they did not. The Pharaoh may have had a point, but Plato was not above being perverse, especially when it came to popular culture ...

Dead Eyes and Blank Faces

John Henderson: Expression under Nero, 2 April 1998

Dissidence and Literature under Nero: The Price of Rhetoricisation 
by Vasily Rudich.
Routledge, 408 pp., £50, March 1997, 0 415 09501 8
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... Power’ is the buzz word for the late Nineties, and when it comes to power-mania imperial Rome has always been hard to beat. On the one hand, there is the rogues’ gallery: doddery Claudius dribbling still down Derek Jacobi’s chin; blubbery Nero fiddling while the slums burn; and those women – impossibly sinister Livia, unimaginably (but let’s try) sexcrazed Messalina ...

Diary

John Sutherland: The crisis in academic publishing, 22 January 2004

... Last May Stephen Greenblatt, who was then president of the Modern Languages Association, the literary academic’s equivalent of the Teamsters, circulated a letter among its twenty thousand or so members. ‘Over the last few decades,’ he wrote, ‘most departments of language and literature have come to demand that junior faculty members produce, as a condition for being seriously considered for promotion to tenure, a full-length book published by a reputable press ...