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“... out of Black-Scholes (as it is now universally known) and the worldwide derivatives business took off like a rocket. In an ideal world, one populated by vegetarians and Esperanto speakers, derivatives would be used for one thing only: reducing levels of risk. Because they are bought ‘on margin’ – i.e. not for the full cost of the underlying ...”

“... I took my daughter back to County Tyrone at the end of June to see my parents, and to spend some time with my sister and her children, who were also visiting. We did the usual: gorged on apple pancakes, spent a long time in Poundland, and trekked through Drum Manor Forest Park in the rain, dispensing bread to our children to feed the ducks, just like our parents used to do with us ...”

“... at a vertebra. Berlioz jumped out of the window and ran home to take sanctuary in music. Surgeons took pride in aprons so dirty they could have stood up on their own; Robert Liston, who pioneered the use of anaesthesia, stored his instruments up his sleeve between surgeries to keep them warm. The mortality rate among medical students – who were liable to ...”

“... farm, where the birds ran free in wide pens and Mr Kirk, who lived in an old stone house that I took for a mansion, walked back and forth all day, distributing the feed, collecting the eggs and mucking out the henhouses. Later, when I was old enough, he would let me walk with him, and I took great pride in keeping pace ...”

“... is now in the library founded by a rather more public-spirited buccaneer of book collecting, John Pierpont Morgan). Paul Meyer’s career was a model of all that is best in academic rigour; he later helped analyse the documents which led to the acquittal of Alfred Dreyfus. The History of William Marshal contains nearly twenty thousand lines of ...”

“... unfavourable impression’.O’Connor’s ideas about her writing were unambiguous. In a letter to John Lynch, a reviewer and an academic at Notre Dame, in 1955, she says: ‘I feel that if I were not a Catholic, I would have no reason to write, no reason to see, no reason ever to feel horrified.’ She described herself as a ‘hillbilly Thomist’: like ...”

“... preferring like a Turgenev hero the sort of strong women who either refused him outright or took him on in a businesslike spirit and without illusions. Olga Ivinskaya seems to have had a good deal in common with his second wife Zinaida Nikolaevna, who looked after him devotedly in the critical time before the war, and from whom he never became totally ...”

“... is more polemical. She rounds on the ‘liberal, wealthy, predominantly white celebrities’ who took over the #MeToo movement (Isabellas on a mission). Conservatives used to claim that #MeToo was creating a lynch-mob mentality; Bailey offers a version of this from the left: ‘With its righteous call for zero tolerance and championing of the ...”

“... has eluded them, and its subject is one of the four or five people who stick in my gullet. John Traill Christie was my headmaster for just over four years. I never knew him well, though I have had to think about him a lot. For a brief period I must have occupied his thoughts because he spent about a term and a half, which coincided with some of ...”

“... Eden as his legitimate successor, just as Eden later forced a smile of approval when Macmillan took over. Sir Alec Douglas-Home, a pocket-sized Balfour, emulated him both in deferring to the Party’s wish for change at the top and in serving under his successor. That successor was Edward Heath, the first leader to be elected under elaborate new rules ...”

“... with an unimpaired confidence in the traditional weapons and ammunition. The Collected Writings of John Maynard Keynes, produced under the auspices of the Royal Economic Society, is among the glories of modern publishing. Printed at the Cambridge University Press, these handsome volumes maintain aesthetic standards in book production which are in themselves a ...”

“... it adversity, that such beauty does exist.’ Baraka made the observation in his liner notes to John Coltrane’s album Live at Birdland, which includes ‘Alabama’, an elegy for the four girls murdered in the 1963 Birmingham Church bombing.I thought of Baraka’s words at New York’s Riverside Church last Saturday, at the funeral of the alto saxophonist ...”

“... John Updike’s unfailing geniality and fluent industry appear to get on a fair number of nerves, of which he’s slyly aware. (Is there anything he isn’t slyly aware of? That foxy grin conceals volumes.) When Updike was but a sprig, apprenticing at the New Yorker and carving out a little piece of Pennsylvania as his literary duchy, his gleaming facility was found suspect by some detractors, its satin finish the imposture of a fair-haired boy out to impress his elders with the fine flick of his exquisite perceptions and deflective modesty ...”

“... their minds than they appear to. And if most of the good discussion, from all sides of the House, took the same negative view of Britain’s part in the raid that was exhibited by two-thirds of the country in a subsequent poll, the House nevertheless voted to support Mrs Thatcher. One way and another, this was an occasion which set the authority and ...”

“... Nature of Poetry’, of how some lines and whole verses just came into his head, while the rest took months of labour and were seldom entirely satisfactory. The feeling of two separate processes, though no doubt an experience common with poets, makes Housman’s verse peculiarly satisfying, although there is no need to enter the competition, dangled before ...”