‘A Little Feu de Joie’

Adam Shatz: Khomeini rises, 25 April 2013

Days of God: The Revolution in Iran and Its Consequences 
by James Buchan.
John Murray, 482 pp., £25, November 2012, 978 1 84854 066 8
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... assassinates your marja in the middle of the bazaar, or crushes him underfoot, the Iranian police may not arrest him,’ he thundered. But ‘if someone runs over a dog belonging to an American, he will be prosecuted.’ A week later, Khomeini was expelled to Turkey. A year after that, he moved to a seminary in Najaf, in Iraq. There he set up a network of ...

End-of-the-World Trade

Donald MacKenzie: The credit crisis, 8 May 2008

... long-term bet, but traders don’t do it because of the fear that in the short run its price may increase even further, causing a mark-to-market loss. Although it would be a paper loss, it would have real consequences, damaging your bank’s balance sheet and profits, threatening your bonus, and typically forcing you to transfer valuable collateral to ...

El Casino Macabre

James Morone: Rebellion of the Rich, 21 June 2007

Wall Street: A Cultural History 
by Steve Fraser.
Faber, 656 pp., £12.99, April 2006, 0 571 21829 6
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Among Empires: American Ascendancy and Its Predecessors 
by Charles S. Maier.
Harvard, 373 pp., £18.95, May 2006, 0 674 02189 4
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... inside the criminal justice system: in prison, on parole or on probation. Half the population may be in the market but half is out and, if Fraser is correct, worse off than ever. I recently heard Mudcat Saunders, a hot Democratic consultant who dresses like a cowboy, put the familiar issue of right-wing populism this way: ‘It is just not acceptable for ...

Baffled Traveller

Jonathan Rée: Hegel, 30 November 2000

Hegel: An Intellectual Biography 
by Horst Althaus, translated by Michael Tarsh.
Polity, 292 pp., £45, May 2000, 0 7456 1781 6
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Hegel: Biographie 
by Jacques D'Hondt.
Calmann-Lévy, 424 pp., frs 150, October 1998, 2 7021 2919 6
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... for independent realities. But Hegel realised that Kant’s analogy was not perfect. Cosmologists may be able to discount their earthly existence and envisage the solar system from the point of view of a sun with themselves circling round it on the surface of a spinning planet; but a philosopher could never lay aside the fundamental forms of human experience ...

Bigness

Hal Foster: Rem Koolhaas, 29 November 2001

Harvard Design School Guide to Shopping 
by Rem Koolhaas et al.
Taschen, 800 pp., £30, December 2001, 3 8228 6047 6
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Great Leap Forward 
by Rem Koolhaas et al.
Taschen, 720 pp., £30, December 2001, 3 8228 6048 4
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... New York Beauty will be delirious or will not be. Luckily, we have the example of Koolhaas, who may be the most gifted architect-polemicist since Le Corbusier; like Corb he possesses panache in both design and writing, and media charisma, too. Born in Holland in 1944, Koolhaas first worked as a journalist and screenwriter in Amsterdam, and his approach to ...

And you, what are you doing here?

Michael Gilsenan: The Haj, 19 October 2006

A Season in Mecca: Narrative of a Pilgrimage 
by Abdellah Hammoudi, translated by Pascale Ghazaleh.
Polity, 293 pp., £12.99, January 2006, 0 7456 3789 2
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... is in part a matter of status, status that is often marked by more than just the new title. A room may be decorated with images of the Holy Cities, the Grand Mosque and other mementos. Large coloured designs of the Grand Mosque with the pilgrims’ names below may adorn a wall. Houses are hung with lights on the pilgrim’s ...

Such amateurishness …

Neal Ascherson: The Sufferings of a Young Nazi, 30 April 2009

The Kindly Ones 
by Jonathan Littell, translated by Charlotte Mandell.
Chatto, 984 pp., £20, March 2009, 978 0 7011 8165 9
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... it was just and necessary; and if they were wrong, who’s to blame? A conscientious reader may want to go to a number of other books to check out Littell’s account of events, personalities and organisations. The best is the old classic Anatomy of the SS State (1968), written by four members of the Institut für Zeitgeschichte in Munich after they had ...

The Big Mystique

William Davies: Central Banks and Banking, 2 February 2017

The Courage to Act: A Memoir of a Crisis and Its Aftermath 
by Ben Bernanke.
Norton, 624 pp., £27.99, October 2015, 978 0 393 24721 3
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The End of Alchemy: Money, Banking, and the Future of the Global Economy 
by Mervyn King.
Little Brown, 448 pp., £25, March 2017, 978 0 349 14067 4
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... out of monetary policy. The thinking was that while politicians, policy fads and whole governments may come and go, investors and currency traders can rest assured that over the long term interest rates will be set according to unbending institutional rules. Bernanke argued the case for inflation-targeting by the Federal Reserve for many years, and eventually ...

The Precarious Rise of the Gulf Despots

Nicolas Pelham: Tyrants of the Gulf, 22 February 2018

... shale production and with rapid advances in fuel-cell technology in the offing, oil revenues may never again cover state expenditure. The kingdom has no choice but to diversify its economy. Young Saudis, who constitute the majority, have been particularly enthusiastic about Mohammad’s transformation of an ultra-conservative sheikhdom into a ...

Diary

Fraser MacDonald: Balmorality, 16 November 2023

... Responsible access is a modest demand, but the forces of landed resistance are formidable. In May, the shadow environment minister, Alex Sobel, pledged to introduce a right to roam in England, only to U-turn in October after pressure from rural landowners. It isn’t easy to redefine the terms of private property in the country that pioneered ...

His Own Dark Mind

Clare Bucknell: Rescuing Lord Byron, 30 November 2023

Byron and the Poetics of Adversity 
by Jerome McGann.
Cambridge, 214 pp., £19.99, December 2022, 978 1 009 23295 1
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Reading Byron: Poems – Life – Politics 
by Bernard Beatty.
Liverpool, 266 pp., £90, January 2023, 978 1 80085 462 8
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Byron’s ‘Don Juan’: The Liberal Epic of the 19th Century 
by Richard Cronin.
Cambridge, 248 pp., £85, June 2023, 978 1 009 36623 6
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... as ‘think’, ‘deem’, ‘reck’, ‘imagine’, ‘remember’ and ‘forget’. Actions may be straightforward, but the mental torture that produces them – and which they produce – isn’t. ‘The rest thou dost already know,’ the hero of The Giaour tells the friar who shrives him at the end of the story, ‘all my sins, and half my ...

An Elite Worth Joining

David Trotter: Preston Sturges, 13 April 2023

Crooked, but Never Common: The Films of Preston Sturges 
by Stuart Klawans.
Columbia, 366 pp., £22, January, 978 0 231 20729 4
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... which also features an eloquent Black pastor, on account of its condemnation of lynching. Sturges may have got lucky. When White left the country to take up a post as a foreign correspondent, the role of chief Hollywood inquisitor was assumed by the more combative Julia Elizabeth Baxter. Ellen Scott’s researches in the NAACP archive have revealed that ...

Diary

Andrew O’Hagan: Stevenson in Edinburgh, 4 January 2024

... more than gain in the habit of generously watching others; and the capacity to enjoy Shakespeare may balance a lost aptitude for playing at soldiers. Terror is gone out of our lives, moreover; we no longer see the devil in the bed-curtains nor lie awake to listen to the wind.’While he was at Edinburgh Academy, Stevenson is said to have fought a duel with ...

We must burn them

Hazel V. Carby: Against the Origin Story, 26 May 2022

The 1619 Project: A New American Origin Story 
edited by Nikole Hannah-Jones.
W.H. Allen, 624 pp., £25, November 2021, 978 0 7535 5953 6
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Exterminate All the Brutes 
directed by Raoul Peck.
HBO, April 2021
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... itself is never so transparent that its analysis becomes superfluous. The ultimate mark of power may be its invisibility; the ultimate challenge, the exposition of its roots.’ University administrations boast of diversity, equity and inclusion, while behind the scenes they hold tightly to power, continuing to privilege the Eurocentric, settler colonial ...
... clatter, see its lights glimmering on the rails. As the carriages rumble loudly towards you, you may find yourself visited with an urge – common to the Tube and high places – which inverts the desire to step back and be safe into an imagined jump forward into the void. You see how the Tube came to supply modern images of hell. Eliot begins the third part ...