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The costly legacy of Margaret Thatcher’s monetarism

Post-war British economic history is littered with failed policy panaceas. Keynesian demand management would solve the unemployment problem; the Exchange Rate Mechanism would provide an anchor for stability and end sterling’s perennial weakness; the Barber and Kwarteng budgets – separated by 50 years – would throw off the shackles of Treasury orthodoxy and put the

Second life: Playboy, by Constance Debré, reviewed

Playboy is part one of a trilogy that draws on the life of its author, Constance Debré. Part two, Love Me Tender, was published in Britain last year. The trilogy was inspired by Debré’s experience of leaving her husband, abandoning her career as a lawyer, and then losing custody of her child when she re-emerged

Why must we be in constant battle with the ocean?

I recently learned to dive in the bay of Dakar. It was exciting. I’d started learning in a Leeds swimming pool and though I knew the ocean would feel different, I didn’t expect it to feel comfortable. It shouldn’t. It is not my element, and humans have long since left it to the rest of

The ordeal of sitting for my father Lucian Freud

The frontispiece of this book is Lucian Freud’s portrait of his daughter Rose naked on a bed. Rose says that when her father asked her to sit, which she had long hoped he would do, she naturally assumed he would want her naked, but asked him not to paint her hairy legs. He, in turn,

Did the Duchess of Windsor fake the theft of her own jewels?

On 16 October 1946, the Duke of Windsor, the former Edward VIII, and his wife Wallis were visiting England for a short period. They were staying with their friends the Dudleys at Ednam Lodge in Surrey, and felt sufficiently comfortable not to store Wallis’s impressive collection of jewellery in the house’s safe room, but instead

When Stalin was the lesser of two evils

‘We are resolved to destroy Hitler and every vestige of the Nazi regime… Any man or state who fights against Nazism will have our aid.’ These words were spoken by Winston Churchill in a BBC radio broadcast to the nation from Chequers on the evening of 22 June 1941. Churchill detested Stalin – but he

China’s role in Soviet policy-making

Why should we want to read yet another thumping great book about the collapse of the Soviet empire? Sergey Radchenko attempts an answer in his well-constructed new work. Based on recently opened Soviet archives and on extensive work in the Chinese archives, it places particular weight on China’s role in Soviet policy-making. The details are

A tragedy waiting to happen: Tiananmen Square, by Lai Wen, reviewed

Lai Wen’s captivating book about growing up in China and witnessing the horrific massacre in Tiananmen Square reads like a memoir. The protagonist’s name is Lai, and her description of her parents is utterly convincing – the pretty, bitter housewife mother, jealous of the opportunities her daughter has; the father permanently cowed after being briefly

The lion and the unicorn were fighting for the crown

Elizabeth I died at Richmond Palace on 24 March 1603 at the age of 69 after a reign of 45 years. Her health had been poor from the early 1590s onwards: arthritis, gastric disorders, chronic insomnia and migraines were just some of the ailments which plagued her. Yet, uniquely among English monarchs, she refused to

My summer of love with God’s gift

When the author and podcaster Viv Groskop first visited Ukraine, she travelled there from Moscow, on a long train that ran eventually beside a field of sunflowers. They were, she recalls in her lovely and modestly scaled memoir, like a ‘blast of sunshine screaming: “Welcome to Ukraine! You are no longer in Russia!”’ The year

My brilliant friend and betrayer, Inigo Philbrick

‘Inigo has never asked me not to write this book, but I had come to wonder whether I would have had the courage to write it were he not imprisoned,’ confesses Orlando Whitfield in his coruscating memoir of his friendship with Inigo Philbrick. He was the art dealer whose meteoric career exploded in spectacular style

The glamour of grime: revisionist westerns of the 1970s

In 1967, the unexpected worldwide success of Bonnie and Clyde blindsided the Hollywood film industry, which then spent the next half decade attempting to adapt to the changing tastes of the new youth audience it had apparently captured. No matter that the picture took a pair of vicious, sociopathic thrill-killers who in real life were