Financial malpractice, we’re told, is an aberration: the actions of a few bad apples deviating from the norms of a market-governed process and gaming the system. In Sabotage, political scientists Anastasia Nesvetailova and Ronen Palan blow this fiction apart, showing that sabotage is not an anomaly, but part of the business model of finance – and always has been. Abusive lending practices, misleading investors, manipulating prices, deliberately falsifying figures, cheating, obstruction and taking advantage of ‘the dumbest person in the room’ – they’re actually the main source of profitability in finance, and the surest way to a bonus.

If you want to make money in the industry, you need to find ways of sabotaging either your clients, your … More

London is in a state of constant transformation, layer upon layer built up over centuries of destruction and reconstruction. There is so much change all around us that we scarcely notice it, but among the areas now vanished and forgotten are some of the city’s most famous, and infamous, neighbourhoods.

  Vanished City takes us to ten areas, well-known in their day,which have disappeared from the A-Z. Each chapter tells … More