Howard Davies
What Did Banks Ever Do For Us?
Value(s): Building a Better World for All
By Mark Carney
William Collins 600pp £30
The age of the celebrity central banker began in the United States with Paul Volcker, who tamed inflation in the early 1980s with eye-watering interest rates. It was taken to a new level by Alan Greenspan, who bestrode the financial world like a colossus as chair of the Federal Reserve from 1987 to 2006. Barely more than a year after his retirement, his maestro reputation was trashed by the great financial crisis, but his successor, bearded Ben Bernanke, saved the world. In 2012, Forbes magazine ranked him as the sixth most powerful person on the planet, with Mario Draghi, then president of the European Central Bank, at number eight.
It is painful to recall that David Cameron came in at number ten in the same list – a reminder of how ephemeral these rankings can be. There are no central bankers in the Forbes top ten any more. Fiscal policy is all the rage these days and now we
Sign Up to our newsletter
Receive free articles, highlights from the archive, news, details of prizes, and much more.@Lit_Review
Follow Literary Review on Twitter
Twitter Feed
Knowledge of Sufism increased markedly with the publication in 1964 of The Sufis, by Idries Shah. Nowadays his writings, much like his father’s, are dismissed for their Orientalism and inaccuracy.
@fitzmorrissey investigates who the Shahs really were.
Fitzroy Morrissey - Sufism Goes West
Fitzroy Morrissey: Sufism Goes West - Empire’s Son, Empire’s Orphan: The Fantastical Lives of Ikbal and Idries Shah by Nile Green
literaryreview.co.uk
Rats have plagued cities for centuries. But in Baltimore, researchers alighted on one surprising solution to the problem of rat infestation: more rats.
@WillWiles looks at what lessons can be learned from rat ecosystems – for both rats and humans.
Will Wiles - Puss Gets the Boot
Will Wiles: Puss Gets the Boot - Rat City: Overcrowding and Urban Derangement in the Rodent Universes of John B ...
literaryreview.co.uk
Twisters features destructive tempests and blockbuster action sequences.
@JonathanRomney asks what the real danger is in Lee Isaac Chung's disaster movie.
https://literaryreview.co.uk/eyes-of-the-storm