I am reading Anthony Powell’s woolly mammoth of a novel, Dance to the Music of Time, which some people adore and others don’t. I remember hearing of some old literary gent, it might have been John Julius Norwich, who re-reads the entire 2,0000-page book every year, such is their veneration for it. The book has Read more…

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There’s been a lot of discussion in the financial press recently about what exactly caused the crisis that has threatened to bring down the western financial system this year. Alan Greenspan, former governor of the Federal Reserve, suggested in a recent piece in the Financial Times that the unknown factor that causes bubbles may be Read more…

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