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An Address in Mayfair

Donald MacKenzie: How to Start a Hedge Fund, 4 December 2008

... hedge funds tends to cluster: in part because those following the same general strategy will often light on the same opportunities (the number of attractive fixed-income price discrepancies, for example, is finite); in part because there is lots of chatter in markets about potentially profitable trades. You might think that if you’d discovered such a trade ...

What sort of traitors?

Neal Ascherson, 7 February 1980

The Climate of Treason 
by Andrew Boyle.
Hutchinson, 504 pp., £8.95, November 1980, 9780091393403
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... Maclean to collect and assess for the Russians information about nuclear weapons co-operation (Donald Maclean was at this time in the British Embassy in Washington). When Kim Philby arrived in Washington in 1949, as the SIS liaison man with American Intelligence, the double-agent ‘Basil’ was able to confirm the suspicions of James Jesus Angleton that ...

At the Swiss Institute

Francesca Wade: Rosemary Mayer, 6 January 2022

... sculptures shift as you walk around them. They move on the air currents, changing colour with the light. Up close, they reveal the labour of their making: neat stitches leave stray ends of fluttering thread; lighter material (net or voile) is often supported by stiffer material (cheesecloth or burlap) inserted carefully behind it, blending colours and ...

At the Guggenheim

Hal Foster: David Smith, 9 March 2006

... it appears too small, too fussy about content and composition, too ‘European’ (the Minimalist Donald Judd, an admirer of the mature Smith, dissed such prewar Modernism in these terms in 1964, a year before Smith died in an automobile accident at the age of 59). Trained as a painter, Smith began with objects attached to canvases; then he cobbled together ...

What became of Modernism?

C.K. Stead, 1 May 1980

Five American Poets 
by John Matthias, introduced by Michael Schmidt.
Carcanet, 160 pp., £3.25, November 1979, 0 85635 259 4
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The New Australian Poetry 
edited by John Tranter.
Makar Press, 330 pp., £6.50, November 1979
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Carpenters of Light 
by Neil Powell.
Carcanet, 154 pp., £6.95, November 1979, 0 85635 305 1
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Mirabell: Books of Number 
by James Merrill.
Oxford, 182 pp., £3.25, June 1979, 0 19 211892 7
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The Book of the Body 
by Frank Bidart.
Faber, 44 pp., £4.50, October 1979, 0 374 11549 4
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Skull of Adam 
by Stanley Moss.
Anvil, 67 pp., £2.50, May 1979, 0 85646 041 9
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Poems 1928-1978 
by Stanley Kunitz.
Secker, 249 pp., £6.50, September 1979, 0 436 23932 9
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... and this is because there is in the British literary climate something of that ‘philistinism’ Donald Davie says was characteristic of the Movement: ‘We would not entertain for a moment the idea that poetry could be, in some degree, or from some points of view, a self-justifying activity.’ Why should it be that, insofar as it’s possible to abstract ...

The Hadar Hominids

J.Z. Young, 21 May 1981

The Making of Mankind 
by Richard Leakey.
Joseph, 256 pp., £9.95, April 1981, 0 7181 1931 2
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Lucy: The Beginning of Humankind: The Dramatic Discovery Of Our Oldest Human Ancestor 
by Donald Johanson and Maitland Edey.
Granada, 409 pp., £9.95, April 1981, 0 246 11362 6
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... be the oldest known member of the genus Homo, living 1.8 million years ago. And then along comes Donald Johanson, a young American, finding, near Hadar in Ethiopia, a whole set of hominid fossils dating back nearly twice as far, to 3.5 million years. But the work of the two groups has been by no means separate. Johanson’s chief collaborator, Tim White, was ...

Diary

Jenny Diski: Trying to stay awake, 31 July 2008

... is as strange to me as cuneiform. The drifting ritual, and the early training (which is why the light in the hall is on, and the door open, wider) of listening for catastrophe in the night, means that I have always taken an age to get to sleep. Sometimes this tips over into insomnia. Not a chance of drifting. Just the mind growing increasingly frantic with ...

Ten Poets

Denis Donoghue, 7 November 1985

Selected Poems 
by Donald Davie.
Carcanet, 124 pp., £2.95, April 1985, 9780856355950
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Collected Poems: 1947-1980 
by Allen Ginsberg.
Viking, 837 pp., £16.95, April 1985, 0 670 80683 8
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Instant Chronicles: A Life 
by D.J. Enright.
Oxford, 58 pp., £4.50, April 1985, 9780019211970
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Selected Poems 
by Edwin Morgan.
Carcanet, 139 pp., £2.95, April 1985, 0 85635 596 8
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Selected Poems 
by Jeffrey Wainwright.
Carcanet, 79 pp., £2.95, April 1985, 0 85635 598 4
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Selected Poems 
by Gillian Clarke.
Carcanet, 112 pp., £2.95, April 1985, 0 85635 594 1
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The Price of Stone 
by Richard Murphy.
Faber, 92 pp., £4, May 1985, 0 571 13568 4
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Selected Poems 
by Iain Crichton Smith.
Carcanet, 121 pp., £2.95, April 1985, 0 85635 597 6
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Selected Poems 
by Sylvia Townsend Warner.
Carcanet, 95 pp., £2.95, April 1985, 0 85635 585 2
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From the Irish 
by James Simmons.
Blackstaff, 78 pp., £3.95, May 1985, 0 85640 331 8
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... One of Donald Davie’s early poems, and one of his strongest, is ‘Pushkin: A Didactic Poem’, from Brides of Reason (1955). As in Davie’s ‘Dream Forest’, Pushkin is taken as a model, a poet Who recognised no checks Yet brooked them all – a mind Molten and thereby fluent, Unforced, easily strict. In this didactic poem the speaker is professional, drawing his comparisons with rehearsed casualness: In the matter of Pushkin, Emily Brontë Is the best analogy in some ways Among our poets ...

All Those Arrows

Donald MacKenzie: A Major Cause of the Financial Crisis, 25 June 2009

Fool’s Gold: How Unrestrained Greed Corrupted a Dream, Shattered Global Markets and Unleashed a Catastrophe 
by Gillian Tett.
Little, Brown, 338 pp., £18.99, April 2009, 978 1 4087 0164 5
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... in the US have not been entirely surprised at the fraud and malpractice that has come to light: it was always present, and has changed only in scale. (There was a US sub-prime crisis in the late 1990s, which only specialists seem to remember.† It was much more limited in scale, but it revealed extensive over-optimistic accounting by lenders.) That ...

End-of-the-World Trade

Donald MacKenzie: The credit crisis, 8 May 2008

... interdealer screens between eight or ten guys, and this means that prices can move wildly on very light volume.’ Yet because the level of the ABX-HE indices is used by banks’ accountants and auditors to value their multi-billion dollar portfolios of mortgage-backed securities, this esoteric market has considerable effects, since low valuations weaken ...

‘It was everything’

Eliot Weinberger: The Republican Convention, 11 August 2016

... Donald Trump​ vowed that the ‘convention in Cleveland will be amazing!’ It will probably be the only campaign promise he ever fulfils, but indeed, as watched on television, it was amazing, unlike any other, if not quite, as he later summed it up, ‘one of the most peaceful, one of the most beautiful, one of the most love-filled conventions in the history of conventions ...

Beach Scenes

Gavin Millar, 1 August 1985

A Man with a Camera 
by Nestor Almendros, translated by Rachel Phillips Belash.
Faber, 306 pp., £9.95, June 1985, 0 571 13589 7
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Players of Shakespeare: Essays in Shakespearian Performance by 12 Players with the Royal Shakespeare Company 
edited by Philip Brockbank.
Cambridge, 179 pp., £12.50, June 1985, 0 521 24428 5
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Year of the King 
by Anthony Sher.
Chatto, 208 pp., £10.95, June 1985, 0 7011 2926 3
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... His activity began to annoy: using the simple materials to hand, particularly available light only, the young man was producing images which didn’t appear to his bosses to be giving a sufficiently glamorous or polished account of the revolutionary masses. His beach scenes were content to let the sky and sea sparkle and the people frolic in ...

Homage to Ezra Pound

C.K. Stead, 19 March 1981

The Poetic Achievement of Ezra Pound 
by Michael Alexander.
Faber, 247 pp., £7.95, April 1979, 0 571 10560 2
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Ezra Pound and the Pisan Cantos 
by Anthony Woodward.
Routledge, 128 pp., £7.95, April 1980, 0 7100 0372 2
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Ezra Pound and the Cantos: A Record of Struggle 
by Wendy Stallard Flory.
Yale, 321 pp., £12.60, July 1980, 0 300 02392 8
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Ezra Pound and His World 
by Peter Ackroyd.
Thames and Hudson, 127 pp., £5.95, February 1981, 0 500 13069 8
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End to Torment: A Memoir of Ezra Pound with Poems from Ezra Pound’s H.D. Book 
edited by Norman Holmes Pearson and Michael King.
Carcanet, 84 pp., £2.95, February 1980, 0 85635 318 3
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... also (and strangely, considering his origins in the neo-Augustan ‘Movement’ of the Fifties) Donald Davie, who kept the subject respectable, the interest alive. Michael Alexander suggests that ‘indifference and bafflement are today more common than hostility,’ and that may be so. But there has been some excellent work done on Pound recently: Richard ...

At the Pinault Collection

Anne Wagner: Charles Ray, 21 July 2022

... than most.Not all sculptors who work in stainless steel make such concerted use of the brilliant light effects inherent in its surface. Only David Smith has pursued them as diligently as Ray. The two men share a commitment to contingency as well as a medium: not just steel (itself an alloy of iron), but stainless steel in particular, another alloy, first ...

At the Gagosian

Peter Campbell: ‘Crash’, 11 March 2010

... remembering that when a tower block gets the chop it is a rather cheerful affair – a bit of light relief at the end of the news, as often as not taking place with a cheering crowd in the foreground. Tacita Dean’s photograph of Donald Crowhurst’s Teignmouth Electron abandoned in the Caymans is, if anything, wryly ...

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