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When Bitcoin Grows Up

John Lanchester: What is Money?, 21 April 2016

... with economists talking about the nature of money, starting with a fascinating paper by Milton Friedman, ‘The Island of Stone Money’, published in 1991. There’s a particularly good retelling of the story by Felix Martin in his 2013 book Money: The Unauthorised Biography. Yap has no metal. There’s nothing to make into coins. What the Yapese do ...

Getting Rich

Pankaj Mishra: In Shanghai, 30 November 2006

... a rapid modernisation along Western lines. Zhu is too independent-minded to look up to Milton Friedman and Friedrich Hayek, the godfathers of Reaganomics and Thatcherism, who became popular in China in the 1980s. He has no time either for the neo-Confucianist and neo-authoritarian intellectuals who periodically offer to fill the ideological vacuum of the ...

A Difficult Space to Live

Jenny Turner: Stuart Hall’s Legacies, 3 November 2022

Selected Writings on Marxism 
by Stuart Hall, edited by Gregor McLennan.
Duke, 380 pp., £25.99, April 2021, 978 1 4780 0034 1
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Selected Writings on Race and Difference 
by Stuart Hall, edited by Paul Gilroy and Ruth Wilson Gilmore.
Duke, 472 pp., £27.99, April 2021, 978 1 4780 1166 8
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... the State, and Law and Order (1978), written in collaboration with Chas Critcher, Tony Jefferson, John Clarke and Brian Roberts, but with its great and terrifying sweeps of synthesis – not to mention their calm, dry, paddingly Socratic delivery – commonly assumed to be the work mainly of Hall. Everywhere the ‘moral and intellectual leadership’ of the ...

The Bayswater Grocer

Thomas Meaney: The Singapore Formula, 18 March 2021

Singapore: A Modern History 
by Michael Barr.
Bloomsbury, 296 pp., £17.99, December 2020, 978 1 350 18566 1
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... is enshrouded in seventy years of mythologising, but no less impressive for that. As John D. Kelly has emphasised, a Singaporean cultural identity was forged within a decade: Malays in Singapore went overnight from being the Bumiputera – the chosen sons of the soil – to a minority; Indians had to forget memories of their prowess in the Indian ...

A Ripple of the Polonaise

Perry Anderson: Work of the Nineties, 25 November 1999

History of the Present: Essays, Sketches and Despatches from Europe in the Nineties 
by Timothy Garton Ash.
Allen Lane, 441 pp., £20, June 1999, 0 7139 9323 5
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... Mediterranean and the Danube basin were for a long time privileged zones – the terrains of St John Philby and Robert Byron, of Norman Douglas and Patrick Leigh-Fermor, of R.W.Seton-Watson and Rebecca West. Sorties farther afield – like Peter Fleming’s expeditions to the Gobi or Matto Grosso – were fewer. Paradoxically, the vast expanse of the Empire ...

The Ground Hostess

Francis Wyndham, 1 April 1983

... of an allusive dedication (but to whom?) or an introductory quotation from my favourite poem by John Donne, rehearsing the terms of restrained self-promotion in which to couch the perfect blurb. I was relieved to find that reflections of this nature still achieved a satisfactory standard of consecutive coherence as far as they went, but depressed to ...

Market Forces and Malpractice

James Meek: The Housing Crisis, 4 July 2024

... half an hour to climb twenty storeys to the roof, and four hours to engulf the building. As Danny Friedman, one of the lawyers representing the survivors, said towards the end of the inquiry: ‘We are still in the era of the rolled-back state and Grenfell is one of its greatest failings. The centre of government – particularly the ministries of everyday ...

The European Coup

Perry Anderson, 17 December 2020

... were incompatible with Western values. There, Huntington and Kristol were needed to fortify Friedman and Hayek. With this combination of neoliberal and neoconservative ammunition, Bolkestein did battle within the VVD too, catching the tide of a New Right that swelled a season later than in the Anglosphere, generating Pim Fortuyn and Geert Wilders as ...

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