Any other business

City Life | 2 August 2008

Paul Theroux, in The Great Railway Bazaar, paints a louche portrait of the capital of Laos. ‘The brothels are cleaner than the hostels, marijuana is cheaper than pipe tobacco and opium is easier to find than a cold glass of beer,’ he wrote in 1975. When Theroux finally got his beer, the waitress told him

Rumours of the death of music are exaggerated

David Crow says the record industry’s attempt to clamp down on illegal downloads is belated and befuddled — but the good news is that live music is thriving again Back in the late 1990s when the music download revolution was gathering pace, sentimentalists predicted the death of music. Those who spent their youth in rented

And Another Thing | 30 July 2008

‘We can cause laughing by tickling the skin,’ wrote Darwin in Emotions (1872). We all know that. Difficulties arise when we probe a little deeper, where tickling hovers uncertainly on the borderline between eroticism, buffoonery and the slow, pleasurable but perhaps innocent process of having the flesh gently disturbed by the tips of another person’s

The decline of the empire of Starbucks

Matthew Lynn says coffee is the pure brew of capitalism — as the credit crunch bites, no wonder the world’s most ubiquitous coffee-house chain is heading for trouble In Christopher Guest’s witty canine mockumentary Best In Show, there is a line of dialogue that tells you everything you need to know about the world’s biggest

And Another Thing | 23 July 2008

For anyone interested in fine painting, as distinct from ‘great art’, there is a treat at the Tate for them: a display of works by British artists, from the 17th to the 20th centuries, who depicted the Orient and those who liked to dress up in Eastern style. Many of the pictures are from private

Who’s in charge? It’s hapless Hank

It’s becoming harder and harder to believe that anyone is really in charge of the world’s largest economy. Each day brings a new catalogue of woes, miscues and missteps, each of which should have been foreseen long ago. And at the centre of each fresh foul-up stands one man: Treasury secretary Hank Paulson, ‘Hammerin’ Hank’,

And Another Thing | 16 July 2008

The other evening I went to a ‘pig roast’ in our Somerset village. It was a tremendous turnout from far and wide. There is something about the idea which stirs up deep guzzling instincts, and certainly this pig on his spit looked, and smelt, gastronomically alluring, despite the fact that six of his live colleagues

Can London be turned around like a troubled company?

Tim Parker, the bubble-haired venture capitalist hired to cut costs at City Hall and make Mayor Boris’s vision a reality, strolls down the curved walkway to greet me smiling widely, just like his photographs. Tall and rangy, this socialist-turned-capitalist, who is to be paid just £1 a year, is all charm and apologies for failing

Any Other Business | 12 July 2008

Martin Vander Weyer’s thoughts on the world of business Shell and Barclays were the two highest-profile British companies in South Africa during the apartheid era. Both pursued non- racial business practices as far as they could, but both endured years of disrupted shareholder meetings and flak from the student Left. Shell stuck it out —

Private education

School fees: a luxury you can’t afford The credit crunch is taking a terrible toll on the middle classes. They’ve started to give up their organic boxes (sales are down 10 per cent at some companies), their foreign holidays (can the new fad for camping really be a choice thing?), their Chelsea tractors, and even

And Another Thing | 12 July 2008

One of the most moving stories in the history of animal life is the racing career of Red Rum. This little horse won the Grand National in 1973 and 1974, came second the next two years and then, amazingly, won it again in 1977. This third victory, the only such in the history of the

And Another Thing | 5 July 2008

Somebody asked: ‘How do you express your love of country in this leaden age? How do you sweep aside the multicultural poison and simply assert — “I am an English patriot?”’ I answer: ‘Create a garden, or help those who do so.’ There is no more English activity than gardening, and it has been so

Fading memories of the Raj in the tea gardens of Assam

Richard Orange says the Indian tea industry is enjoying a revival — but that the traditional tea-planters’ way of life, established by the British, is passing into history There is not much to distinguish Dhanesheva Kurmi from the rest of the crowd at the Hautely Tea Estate, a remote garden an hour and a half’s

The market’s favourite scapegoat

Oh, dear, what a setback. The usual suspects have slipped through the net. They will have to be locked up in the Financial Services Authority’s waterside fortress for 42 days, while the investigators try again to find some evidence. These suspects are the short sellers: everyone’s favourite scapegoat. They are accused of rocking the banks’

The veteran batsman who just hates to lose

Judi Bevan meets Sir Martin Sorrell, the hard-driving Eighties entrepreneur who is still chasing acquisitions for the company he created, the advertising giant WPP ‘Building a company is the nearest thing a man can do to giving birth and nurturing a child to maturity,’ says Sir Martin Sorrell, the founder and chief executive of WPP.

Pound sold to highest bidder

Matthew Lynn on domain name sales In Amsterdam, on the afternoon of 26 June, the pound is finally being sold off. No, Gordon Brown hasn’t decided to repeat his famous trick of dumping a chunk of the nation’s gold reserves at the nadir of the bullion market. Nor has Mervyn King decided the outlook for

And Another Thing | 28 June 2008

In the early 1960s, Harold Macmillan used to say: ‘The three big interests any prime minister should beware of taking on are the Brigade of Guards, the National Union of Mineworkers and the Roman Catholic Church.’ The maxim was true enough in those days but 50 years later makes little sense. The Brigade still has

Global Warning | 28 June 2008

No doubt a Martian arriving on earth for the first time would perceive little difference between an inhabitant of Great Britain and an inhabitant of New Britain (off the coast of New Guinea), except perhaps that the former showed a greater propensity than the latter to get drunk and scream in public. Similarity and difference

Wishful thinking at the Economist

In 1990, the former Wall Street trader Jim Rogers (interviewed here by Jonathan Davis, 15 March) set off to circumscribe the globe astride a large motorcycle. He returned in 1992 having pondered the meaning of life — and the answer was ‘commodities’. As a player of markets, he did not have to do anything so