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I do a deal right away

Ben Jackson: Yuppie Traders, 16 March 2023

Are We Rich Yet? The Rise of Mass Investment Culture in Contemporary Britain 
by Amy Edwards.
California, 364 pp., £25, June 2022, 978 0 520 38546 7
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... were sponsored by the London Stock Exchange). The chairman of the Wider Share Ownership Council, John Harvey-Jones, provided a blurb for Investor: ‘I am delighted to acknowledge its contribution to the wider understanding, in an enjoyable way, of the opportunities for wider share ownership.’ Bankers and traders were portrayed in films, books, plays and ...

Rat-a-tat-a-tat-a-tat-a-tat

David Runciman: Thatcher’s Rise, 6 June 2013

Margaret Thatcher: The Authorised Biography. Vol. I: Not for Turning 
by Charles Moore.
Allen Lane, 859 pp., £30, April 2013, 978 0 7139 9282 3
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... on finance … not good on economics’. She had read the high priest of monetarism, Milton Friedman (she and members of her shadow cabinet had met with him often), and she knew she wanted the same things he wanted: sound money, an end to stagflation, limits on government profligacy. But he was far from sure that she understood his prescription for ...

Too Important to Kill

Adam Shatz: Real Men Go to Tehran, 23 January 2020

... the most tenacious champions of Trump’s decision have been the neoconservatives, from John Bolton to Paul Wolfowitz, who took us to war in Iraq. In the National Review, John Yoo, author of the torture memos, defended the legality of the assassination; Thomas ...

The point of it all

Asa Briggs, 25 April 1991

The Pencil: A History 
by Henry Petroski.
Faber, 434 pp., £14.99, November 1990, 0 571 16182 0
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... chip.’ Wilson had little to say about the pencil: what it achieved was too ephemeral. Nor did John Middleton Murry in his book called Pencillings, where despite his title, he left the pencil alone: instead, he included one chapter on ‘The Golden Pen’. It was left to Nabokov to produce an alternative view of the writer’s contribution to history from ...

Between centuries

Frank Kermode, 11 January 1990

In the Nineties 
by John Stokes.
Harvester, 199 pp., £17.50, September 1989, 0 7450 0604 3
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Olivia Shakespear and W.B. Yeats 
by John Harwood.
Macmillan, 218 pp., £35, January 1990, 0 333 42518 9
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Letters to the New Island 
by W.B. Yeats, edited by George Bornstein and Hugh Witemeyer.
Macmillan, 200 pp., £45, November 1989, 0 333 43878 7
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The Letters of Ezra Pound to Margaret Anderson: The ‘Little Review’ Correspondence 
edited by Thomas Scott, Melvin Friedman and Jackson Bryer.
Faber, 368 pp., £30, July 1989, 0 571 14099 8
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Ezra Pound and Margaret Cravens: A Tragic Friendship, 1910-1912 
edited by Omar Pound and Robert Spoo.
Duke, 181 pp., £20.75, January 1989, 0 8223 0862 2
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Postcards from the End of the World: An Investigation into the Mind of Fin-de-Siècle Vienna 
by Larry Wolff.
Collins, 275 pp., £15, January 1990, 0 00 215171 5
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Rites of Spring: The Great War and the Birth of the Modern Age 
by Modris Eksteins.
Bantam, 396 pp., £14.95, September 1989, 0 593 01862 1
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Esprit de Corps: The Art of the Parisian Avant-Garde and the First World War, 1916-1925 
by Kenneth Silver.
Thames and Hudson, 506 pp., £32, October 1989, 0 500 23567 8
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... back, finding in the poetry of the period a dilute version of the Symbolism of the Eighties. But John Stokes is synchronic and aims to show how the arts were related to other aspects of the life of their own time, fixing on certain ‘topics and texts’ – the New Journalism, the New Art Criticism, the Music Hall, prisons, ‘the suicide craze’. The ...

How to get on in the new Iraq

Carol Brightman: James Baker’s drop-the-debt tour, 4 March 2004

... team wouldn’t rush to give reconstruction contracts to France, Germany and Russia,’ Thomas Friedman grumbled in the New York Times, ‘but why shove that in their faces while we’re asking them to forgive Iraq’s debts?’ Or was the Wolfowitz directive a bargaining chip placed on the table as part of Baker’s negotiating strategy? Are the two wings ...

Credibility Brown

Christopher Hitchens, 17 August 1989

Where there is greed: Margaret Thatcher and the Betrayal of Britain’s Future 
by Gordon Brown.
Mainstream, 182 pp., £4.95, May 1989, 1 85158 233 9
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CounterBlasts No 3: A Rational Advance for the Labour Party 
by John Lloyd.
Chatto, 57 pp., £2.99, June 1989, 0 7011 3519 0
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... Brown was one of the convenor/editors of the Red Paper for Scotland in the early Seventies, and John Lloyd saw the inside of the Communist Party before helping to found a pro-European Marxist tendency at about the same time. Rather touchingly, he uses the chorus of the ‘Internationale’ to supply the chapter headings of his ‘CounterBlast’, which is ...

The Case of Agatha Christie

John Lanchester, 20 December 2018

... as opposed to the psychology of types – was an interest in form. The composer Michael Friedman, who died much too young last year, left a list of column topics which included the thought that ‘I seriously think Murder of Roger Ackroyd is the great modernist novel.’ It is possible to have an argument over the exact delineation of the term ...

Double Doctrine

Colin Kidd: The Enlightenment, 5 December 2013

The Enlightenment and Why It Still Matters 
by Anthony Pagden.
Oxford, 436 pp., £20, May 2013, 978 0 19 966093 3
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... him in the 1750s. So too, in the late 20th and early 21st centuries, agnostic clerics such as John Robinson, the author of Honest to God, David Jenkins, the controversial bishop of Durham, the Scots Episcopalian bishop of Edinburgh, Richard Holloway, and the Anglican atheist Don Cupitt belong more convincingly in liberal ranks than with authentic enemies ...

Mrs Thatcher’s Instincts

Barbara Wootton, 7 August 1980

Mrs Thatcher’s First Year 
by Hugh Stephenson.
Jill Norman, 128 pp., £6.50, June 1980, 0 906908 16 7
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A House Divided 
by David Steel.
Weidenfeld, 200 pp., £6.50, June 1980, 0 297 77764 5
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... been confined to the publications of the Institute of Economic Affairs and the teachings of Milton Friedman and Friedrich Hayek; but she had not ‘acquired the critical capacity to apply tests of commonsense when it came to putting ideas into action’. It may be tempting to think that, had her university course included economics in place of chemistry, she ...

Staying in power

Geoffrey Hawthorn, 7 January 1988

Mrs Thatcher’s Revolution: The Ending of the Socialist Era 
by Peter Jenkins.
Cape, 411 pp., £12.95, November 1988, 0 224 02516 3
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De-Industrialisation and Foreign Trade 
by R.E. Rowthorn and J.R. Wells.
Cambridge, 422 pp., £40, November 1988, 0 521 26360 3
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... and gave few grounds for the ‘rational expectations’ they were supposed to induce. Milton Friedman complained that his doctrine was invoked ‘to cover anything that Mrs Thatcher at any time expressed as a desirable object of policy’. Or, as Jenkins puts it, ‘behind the altar’ the Treasury was as usual doing what its ministers wanted through the ...

Ideologues

Peter Pulzer, 20 February 1986

The Redefinition of Conservatism: Politics and Doctrine 
by Charles Covell.
Macmillan, 267 pp., £27.50, January 1986, 0 333 38463 6
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Thinkers of the New Left 
by Roger Scruton.
Longman, 227 pp., £9.95, January 1986, 0 582 90273 8
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The Idea of Liberalism: Studies for a New Map of Politics 
by George Watson.
Macmillan, 172 pp., £22.50, November 1985, 0 333 38754 6
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Socialism and Freedom 
by Bryan Gould.
Macmillan, 109 pp., £25, November 1985, 0 333 40580 3
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... discriminating and curiously detached study of the Cambridge fogeys – Michael Oakeshott, John Casey, Maurice Cowling and Roger Scruton – with side-glances at Shirley Robin Letwin and the conservative potential in Wittgenstein, Elizabeth Anscombe and Philippa Foot. Other than that, some of the conservatives are closer to liberalism than others; some ...

The President and the Bomb

Adam Shatz, 16 November 2017

... of the American political system that you can call the president a moron – or, as Thomas Friedman recently put it on the front page of the New York Times, ‘flat-out dumb’ – but you can’t call into question the sanctity or power of his office. Whatever your complaints, the president has ultimate military authority, and there are plenty of ...
... among economic liberals of the school of Hayek, whose influence, via Sir Keith Joseph and Milton Friedman, has produced the astonishing spectacle of a British Conservative leadership acting more dogmatically and ideologically, and more precipitately, than any Labour government has ever done. Two favourable reviewers of my recent George Orwell: A Life (there ...

Tocqueville anticipated me

Katrina Forrester: Karl Popper, 26 April 2012

After ‘The Open Society’: Selected Social and Political Writings 
by Karl Popper, edited by Jeremy Shearmur and Piers Norris Turner.
Routledge, 493 pp., £16.99, August 2011, 978 0 415 61023 0
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... and indeed became – the centre of neoliberalism. Popper was a founding member, as was Milton Friedman. When Hayek first suggested the idea to Popper and proposed a list of participants, Popper recommended that he add others to the left of the liberals he had already invited – his suggestions included Orwell, G.D.H. Cole and Herbert Read. If Hayek ...

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