What fairy-tale phrase was coined in 1964 when London politicians blamed secretive Swiss bankers for increased speculation against the pound?
Gnomes of Zürich in a crisis meeting of the Labour politicians in November 1964. The politicians blamed Swiss bankers for raising speculation against the pound. During the meeting, politician George Brown criticised the Swiss bankers and said, "The gnomes of Zürich are at work again." The term "Gnomes of Zürich" was then used by many other politicians of the time. Then Prime Minister, Harold Wilson vowed to resist the gnomes' sinister power. Paul Rossy, a top banker in Zürich at the time, stated, "In the world it is not the image, but the substance behind the image which counts." The phrase "gnomes of
Fairy tale the Brothers Grimm. In this evolution, the name was coined when the "précieuses" took up writing literary stories; Madame d'Aulnoy invented the term "Conte de fée", or fairy tale, in the late 17th century. Before the definition of the genre of fantasy, many works that would now be classified as fantasy were termed "fairy tales", including Tolkien's "The Hobbit", George Orwell's "Animal Farm", and L. Frank Baum's "The Wonderful Wizard of Oz". Indeed, Tolkien's "On Fairy-Stories" includes discussions of world-building and is considered a vital part of fantasy criticism. Although fantasy, particularly the subgenre of fairytale fantasy, draws heavily on