The precious Hugo von Hofmannsthal

Paul Reitter [Times Literary Supplement, 4 November 2009]
Can a bad economy make for great poetry? Hugo von Hofmannsthal thought so. Indeed, he saw his own gift for lyrical writing and reflection as being, in a way, a consequence of the stock market crash of 1873. This self-understanding starts with the fact that Hofmannsthal was conceived at the very moment of the bust. His father, a banker, got word of it soon after arriving in Naples for his honeymoon.