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The Monday Interview: Paul Krugman; Keeping the barbarians at bay

A superstar professor fights a lone crusade against the onslaught of fashionable economic notions. He spoke to Diane Coyle

Silicon Valley besieged by chip robbers

SAN JOSE, California, is known as the safest big city in the US, but Arthur Fonda lives there in a state of suburban siege.

California dreaming

The west coast is reborn as a high-tech boom sweeps away memories of riots and recession, writes Tim Cornwell

BOOKS : FICTION : Gnomes in nerdsville

MICROSERFS by Douglas Coupland, Flamingo pounds 9.99

Forgetting is the best revenge

BURY ME STANDING: The Gypsies and their Journey by Isabel Fonseca, Chatto pounds 18

Morgan Crucible strategy pays off

THE INVESTMENT COLUMN

Lords of Silicon Valley: Larry Black on the auction of a media empire that wields a unique power in the computer world

IN a year of US media mega-deals, the most important property to change hands may not be a Hollywood studio or an American cable- television company.

The disembodied corporation: Tom Peters On excellence

FUTURIST Alvin Toffler, at a conference on the fate of Silicon Valley, proposed - only half-facetiously - the creation of an Academy of Intangible Assets Accountants. Why? Toffler says we are moving from a 'brute force economy' to a 'brain force economy'.

We can think. Now we must do

IN A nutshell, William Waldegrave's problem is that Alan Sugar is not Isambard Kingdom Brunel. The former is a clever businessman producing the cheapest consumer applications of risk-free, largely foreign technology. The latter was a heroic genius of design and engineering, creating his own technology on the job and taking breathtaking risks, most of which came off. The problem is that we see ourselves as a nation of Brunels, whereas the best hope we have is that we become a nation of Sugars - niche exploiters of the technology of the Pacific Rim and the United States.

Profile: Renaissance Manager: John Sculley of Apple is a harbinger of the new digital age. Larry Black reports from New York

A FEW weeks ago, it seemed that John Sculley's name was everywhere. One day the chief executive of Apple Computer would be touted as the next head of the arch-rival IBM, having bought a house in Greenwich, Connecticut, a few minutes from its headquarters. The next, Sculley - a lifelong Republican - would be seen in the gallery of the US Congress, seated next to Hillary Clinton as her husband delivered his first State of the Union message.

Hands-on spells danger

IS THE WORLD trading system heading for a new era of confrontation between and among competing cartels as a result of the 'strategic' targeting of industries? President Clinton's announcement last week that the US administration would pump dollars 17bn over four years into an industry-government programme to create new technologies has raised this fear. Critics warn that the row between the European Community and the United States over Airbus subsidies could be just the start of a new age of commercial wars that will spill over into the next century.

Baby-boomer in the boardroom: Carol Bartz is the most successful woman in the American PC software industry. Phil Reeves talked to her in San Francisco

THROUGH glass ceilings and serious illness, Carol Bartz is at the top. At 44, she is chief executive of Autodesk, one of America's foremost software companies, a front-runner in the baby-boomers' move from middle management to boardroom.

Liberation philosophy can still be oppressive: Roger Trapp has yet to be convinced by the latest book on management flair from the guru Tom Peters

IN THE league of international management experts, Tom Peters is close to the top. His books have shaped attitudes in businesses all over the world.

Science Update: Dear Sir or Computer . . .

COMPANIES in the US are using an 'intelligent' computer to scan CVs of job applicants and weed out those it considers unsuitable. Apple Computer, Nike, Wells Fargo and AT&T are using the system - which its developers claim can scan 900 applications a day. The system, from a company based in Silicon Valley called Resumix, evaluates candidates' backgrounds and tells recruiters if they meet the basic requirements.
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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Ukraine crisis: The phoney war is over as Russian troops and armour pour across the border

The phoney war is over

Russian troops and armour pour into Ukraine
Potatoes could be off the menu as crop pests threaten UK

Potatoes could be off the menu as crop pests threaten UK

The world’s entire food system is under attack - and Britain is most at risk, according to a new study
Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Seoul's plastic surgery industry is booming thanks to the popularity of the K-Pop look
From Mozart to Orson Welles: Creative geniuses who peaked too soon

Creative geniuses who peaked too soon

After the death of Sandy Wilson, 90, who wrote his only hit musical in his twenties, John Walsh wonders what it's like to peak too soon and go on to live a life more ordinary
Caught in the crossfire of a cyber Cold War

Caught in the crossfire of a cyber Cold War

Fears are mounting that Vladimir Putin has instructed hackers to target banks like JP Morgan
Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years

Salomé: A head for seduction

Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years. Now audiences can meet the Biblical femme fatale in two new stage and screen projects
From Bram Stoker to Stanley Kubrick, the British Library's latest exhibition celebrates all things Gothic

British Library celebrates all things Gothic

Forthcoming exhibition Terror and Wonder: The Gothic Imagination will be the UK's largest ever celebration of Gothic literature
The Hard Rock Café's owners are embroiled in a bitter legal dispute - but is the restaurant chain worth fighting for?

Is the Hard Rock Café worth fighting for?

The restaurant chain's owners are currently embroiled in a bitter legal dispute
Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival

In search of Caribbean soul food

Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival
11 best face powders

11 best face powders

Sweep away shiny skin with our pick of the best pressed and loose powder bases
England vs Norway: Roy Hodgson's hands tied by exploding top flight

Roy Hodgson's hands tied by exploding top flight

Lack of Englishmen at leading Premier League clubs leaves manager hamstrung
Angel Di Maria and Cristiano Ronaldo: A tale of two Manchester United No 7s

Di Maria and Ronaldo: A tale of two Manchester United No 7s

They both inherited the iconic shirt at Old Trafford, but the £59.7m new boy is joining a club in a very different state
Israel-Gaza conflict: No victory for Israel despite weeks of death and devastation

Robert Fisk: No victory for Israel despite weeks of devastation

Palestinians have won: they are still in Gaza, and Hamas is still there
Mary Beard writes character reference for Twitter troll who called her a 'slut'

Unlikely friends: Mary Beard and the troll who called her a ‘filthy old slut’

The Cambridge University classicist even wrote the student a character reference
America’s new apartheid: Prosperous white districts are choosing to break away from black cities and go it alone

America’s new apartheid

Prosperous white districts are choosing to break away from black cities and go it alone