Money laundering

The contagions of the modern world

Nearly a quarter of a century ago, Malcolm Gladwell wrote The Tipping Point in which he explained how little things could suddenly add up to cause huge change, in phenomena as diverse as the popularity of Hush Puppies and the reduction of crime in New York City. The book achieved its own tipping point and became a bestseller. It was followed by Outliers, which proposed among other things that in order to be really good at something you had to have practised at it for 10,000 hours. This is my first shot at reviewing a book by Gladwell, so I am several thousand hours short of practice. The phrase ‘tipping

Britain’s money laundering scandal goes back a long way

The war in Ukraine has turned a lot of people’s attention to oligarchs in the UK. How did these guys all end up in London, seemingly owning half of Belgravia? In Butler to the World, Oliver Bullough offers an answer. I read his earlier work Moneyland slack-jawed at the blatant – and mundane – techniques employed to register UK Ltd companies through frontmen and use them to launder money. I thought the middle men would be glamorous and slick, not running a website from an office above a chip shop. In this work Bullough looks at the bigger picture: the way Britain became the destination of choice for so many

Inside New India: Run and Hide, by Pankaj Mishra, reviewed

The first novel in more than 20 years from the essayist and cultural analyst Pankaj Mishra is as sharp, provocative and engagé as you’d expect. An exploration of Narendra Modi’s autocratic, Hindu-nationalist New India seen through the progress of three graduates from the prestigious Indian Institute of Technology, it’s also reassuringly rich in characterisation and the sheer sensory overload of modern life. Narrated by Arun Dwivedi to an initially unnamed interlocutor, the book follows his journey from poverty to modest success as a translator in Delhi, while his feckless friends Aseem and Virendra make it big in America. A desire to escape ‘the material deprivations and the moral shabbiness… determined