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186-689: The Royal Opera is a British opera company based in central London, resident at the Royal Opera House in Covent Garden . Along with English National Opera , it is one of the two principal opera companies in London. Founded in 1946 as the Covent Garden Opera Company, the company had that title until 1968. It brought a long annual season and consistent management to a house that had previously hosted short seasons under

372-733: A 1969 report for the Arts Council , "[A]s time went on the operatic centre of British life began to take on an international character. This meant that, while continuing to develop the British artists, it was felt impossible to reach the highest international level by using only British artists or singing only in English". Guest singers from mainland Europe in the 1950s included Maria Callas , Boris Christoff , Victoria de los Ángeles , Tito Gobbi and Birgit Nilsson . Kubelík introduced Janáček 's Jenůfa to British audiences, sung in English by

558-734: A bar and cloakroom. The Linbury is most notable for hosting performances of experimental and independent dance and music, by independent companies and as part of the ROH2, the contemporary producing arm of the Royal Opera House. The Linbury Studio Theatre regularly stages performances by the Royal Ballet School and also hosts the Young British Dancer of the Year competition. The venue was constructed as part of

744-491: A benefit concert for him after Covent Garden refused. In 1817, bare flame gaslight had replaced the former candles and oil lamps that lighted the Covent Garden stage. This was an improvement, but in 1837 Macready employed limelight in the theatre for the first time, during a performance of a pantomime, Peeping Tom of Coventry . Limelight used a block of quicklime heated by an oxygen and hydrogen flame. This allowed

930-578: A clerk in the India Office . He enjoyed his work at first, but by 1908 had become bored and resigned his position to return to Cambridge and work on probability theory , through a lectureship in economics at first funded personally by economists Alfred Marshall and Arthur Pigou ; he became a fellow of King's College in 1909. By 1909 Keynes had also published his first professional economics article in The Economic Journal , about

1116-563: A complete Verdi cycle; the closure of the opera house disrupted many plans, but as The Guardian put it, "Downes still managed to introduce, either under his own baton or that of others, most of the major works and many of the minor ones by the Italian master." The most disruptive event of the decade for both the opera and the ballet companies was the closure of the Royal Opera House between 1997 and 1999 for major rebuilding. The Independent on Sunday asserted that Isaacs "hopelessly mismanaged

1302-518: A consultant. Keynes had completed his A Treatise on Probability before the war but published it in 1921. The work was a notable contribution to the philosophical and mathematical underpinnings of probability theory , championing the important view that probabilities were no more or less than truth values intermediate between simple truth and falsity. Keynes developed the first upper-lower probabilistic interval approach to probability in chapters 15 and 17 of this book, as well as having developed

1488-492: A costume-making facility for the Royal Opera House and a training centre for students of costume-making from South Essex College . The building also houses the Royal Opera House's collection of historically important costumes. Other elements at High House, Purfleet, include The Backstage Centre, a new technical theatre and music training centre which is currently run by the National College for Creative Industries and

1674-595: A cycle of the Mozart Da Ponte operas directed by Johannes Schaaf was a success, and although a Ring cycle with the Russian director Yuri Lyubimov could not be completed, a substitute staging of the cycle directed by Götz Friedrich was well received. Musically and dramatically the company prospered into the 1990s. A 1993 production of Die Meistersinger , conducted by Haitink and starring John Tomlinson, Thomas Allen , Gösta Winbergh and Nancy Gustafson ,

1860-610: A fire, the new building opened in 1858 with The Royal English Opera company, which moved there from the Theatre Royal, Drury Lane . From the 1860s until the Second World War, various syndicates or individual impresarios presented short seasons of opera at the Royal Opera House (so named in 1892), sung in the original language, with star singers and conductors. Pre-war opera was described by the historian Montague Haltrecht as "international, dressy and exclusive". During

2046-615: A gala, but, at his insistence, with a promenade performance of Fidelio with cheap admission prices. To succeed Davis, the Covent Garden board chose Bernard Haitink , who was then the musical director of the Glyndebourne Festival . He was highly regarded for the excellence of his performances, though his repertory was not large. In particular, he was not known as an interpreter of the Italian opera repertoire (he conducted no Puccini and only five Verdi works during his music directorship at Covent Garden). His tenure began well;

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2232-526: A generation, of degrading the lives of millions of human beings, and of depriving a whole nation of happiness should be abhorrent and detestable, – abhorrent and detestable, even if it was possible, even if it enriched ourselves, even if it did not sow the decay of the whole civilized life of Europe. Also present was striking imagery such as "year by year Germany must be kept impoverished and her children starved and crippled" along with bold predictions which were later justified by events: If we aim deliberately at

2418-463: A graduate student for one term, which constituted his only formal education in the subject. He took civil service exams in 1906. The economist Harry Johnson wrote that the optimism imparted by Keynes's early life is a key to understanding his later thinking. Keynes was always confident he could find a solution to whatever problem he turned his attention to and retained a lasting faith in the ability of government officials to do good. Keynes's optimism

2604-506: A joint presentation, together with the Sadler's Wells Ballet Company, of Purcell 's The Fairy-Queen on 12 December 1946. The first production by the opera company alone was Carmen , on 14 January 1947. Reviews were favourable. The Times said: It revealed in Mr. Karl Rankl a musical director who knew how to conduct opera. It conceded the claims of theatrical production without sacrificing

2790-520: A level where employers could profitably offer them jobs. An innovation from Keynes was the concept of price stickiness  – the recognition that in reality workers often refuse to lower their wage demands even in cases where a classical economist might argue that it is rational for them to do so. Due in part to price stickiness, it was established that the interaction of " aggregate demand " and " aggregate supply " may lead to stable unemployment equilibria – and in those cases, it

2976-489: A loan to the Culture Recovery Fund . In 2023 members of the orchestra were selected to play at the coronation of Charles III and Camilla . In 2024, the public branding of the venue and its associated online and media presence was changed from the Royal Opera House to Royal Ballet and Opera to reflect the combined companies that call the physical building their home. The physical building itself remains

3162-485: A main public area for performances in the main auditorium, the Paul Hamlyn Hall is also used for hosting a number of events, including private functions, dances, exhibitions, concerts, and workshops. The Linbury Studio Theatre is a flexible, secondary performance space, constructed below ground level within the Royal Opera House. It has retractable raked seating and a floor which can be raised or lowered to form

3348-641: A major overhaul. In 1975 the Labour government gave land adjacent to the Royal Opera House for a long-overdue modernisation, refurbishment, and extension. In the early 1980s the first part of a major renovation included an extension to the rear of the theatre on the James Street corner. The development added two new ballet studios, offices, a Chorus Rehearsal Room and the Opera Rehearsal room. Dressing rooms were also added. By 1995, sufficient funds from

3534-537: A man of science I have ever read". Mary Paley Marshall was "entranced" by the memorial, while Lytton Strachey rated it as one of Keynes's "best works". In 1922 Keynes continued to advocate reduction of German reparations with A Revision of the Treaty . He attacked the post-World War I deflation policies with A Tract on Monetary Reform in 1923  – a trenchant argument that countries should target stability of domestic prices, avoiding deflation even at

3720-497: A middle course between deflation and inflation. This novel interpretation was inspired by the desperate search for control over the economy which permeated the academic world after the Depression. The General Theory challenged the earlier neoclassical economic paradigm, which had held that provided it was unfettered by government interference, the market would naturally establish full employment equilibrium. In doing so Keynes

3906-442: A mostly British cast. The verdict of the public on whether operas should be given in translation or the original was clear. In 1959, the opera house stated in its annual report, "[T]he percentage attendance at all opera in English was 72 per cent; attendance at the special productions marked by higher prices was 91 per cent … it is 'international' productions with highly priced seats that reduce our losses". The opera in English policy

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4092-626: A net basis, Germany received support equal to four times the amount of the post-Second World War Marshall Plan . Schuker also shows that, in the years after Versailles, Keynes became an informal reparations adviser to the German government, wrote one of the major German reparation notes, and supported hyperinflation on political grounds. Nevertheless, The Economic Consequences of the Peace gained Keynes international fame, even though it also caused him to be regarded as anti-establishment – it

4278-464: A new production of Debussy 's Pelléas et Mélisande starring Simon Keenlyside , Angelika Kirchschlager and Gerald Finley . The company visited Japan in 2010, presenting a new production of Manon and the Eyre production of La traviata . While the main company was abroad, a smaller company remained in London, presenting Niobe , Così fan tutte and Don Pasquale at Covent Garden. In 2010,

4464-657: A new studio theatre, the Linbury, as well as more public space was created. The inclusion of the adjacent old Floral Hall, which had fallen into disrepair and was used as a scenery store before redevelopment, created a new and extensive public gathering place. The venue is now claimed by the ROH to be the most modern theatre facility in Europe. Surtitles , projected onto a screen above the proscenium, have been used for all opera performances since they were introduced for school matinees in

4650-722: A new work by Richard Rodney Bennett . All but two of the principals were British. The public in Munich and Berlin were, according to the Frankfurter Allgemeine Zeitung , "beside themselves with enthusiasm". In 1968, on the recommendation of the Home Secretary , James Callaghan , the Queen conferred the title "The Royal Opera" on the company. It was the third stage company in the UK to be so honoured, following

4836-437: A not-for-profit charitable trust established to run the operation. The chairman of the trust was Lord Keynes . There was some pressure for a return to the pre-war regime of starry international seasons. Sir Thomas Beecham , who had presented many Covent Garden seasons between 1910 and 1939 confidently expected to do so again after the war. However, Boosey and Hawkes, and David Webster , whom they appointed as chief executive of

5022-572: A previous use of the site. It is the home of The Royal Opera , The Royal Ballet , and the Orchestra of the Royal Opera House. The first theatre on the site, the Theatre Royal (1732), served primarily as a playhouse for the first hundred years of its history. In 1734, the first ballet was presented. A year later, the first season of operas, by George Frideric Handel , began. Many of his operas and oratorios were specifically written for Covent Garden and had their premieres there. The current building

5208-420: A profit. Another key theme of the book is the unreliability of financial indices for representing an accurate – or indeed meaningful – indication of general shifts in purchasing power of currencies over time. In particular, he criticised the justification of Britain's return to the gold standard in 1925 at pre-war valuation by reference to the wholesale price index . He argued that

5394-405: A recession Say's Law suggests government intervention. This government intervention can be used to prevent any further increase in savings in the form of a decreased interest rate. Decreasing the interest rate will encourage people to start spending and investing again, or so it is stated by Say's Law. The reason behind this is that when there is little investing, savings start to accumulate and reach

5580-468: A replacement for Rankl in Rafael Kubelík . Kubelík announced immediately that he was in favour of continuing the policy of singing in the vernacular: "Everything that the composer has written should be understood by the audience; and that is not possible if the opera is sung in a language with which they are not familiar". This provoked a public onslaught by Beecham, who continued to maintain that it

5766-570: A revival of Der Ring des Nibelungen , directed by Keith Warner ; new productions that season included Robert le diable , directed by Laurent Pelly , Eugene Onegin , directed by Holten, La donna del lago , directed by Fulljames, and the UK premiere of Written on Skin , composed by George Benjamin and directed by Katie Mitchell . Productions by the Studio Programme included the world premiere of David Bruce's The Firework-Maker's Daughter (inspired by Philip Pullman 's novel of

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5952-563: A scenery-making facility for their operas and ballets at High House, Purfleet , Essex, on 6 December 2010. The building was designed by Nicholas Hare Architects. The East of England Development Agency, which partly funded developments on the park, notes that "the first phase includes the Royal Opera House's Bob and Tamar Manoukian Production Workshop and Community areas". The Bob and Tamar Manoukian Costume Centre, also designed by Nicholas Hare Associates, opened in September 2015, and provides

6138-439: A series of impresarios . Since its inception, it has shared the Royal Opera House with the dance company now known as The Royal Ballet . When the company was formed, its policy was to perform all works in English, but since the late 1950s most operas have been performed in their original language. From the outset, performers have comprised a mixture of British and Commonwealth singers and international guest stars, but fostering

6324-487: A slump as the present one, so great as to bring production altogether to a standstill." At the height of the Great Depression, in 1933, Keynes published The Means to Prosperity , which contained specific policy recommendations for tackling unemployment in a global recession, chiefly counter-cyclical public spending. The Means to Prosperity contains one of the first mentions of the multiplier effect . While it

6510-426: A society, is defined by the sum of consumption and investment. In a state of unemployment and unused production capacity, one can enhance employment and total income only by first increasing expenditures for either consumption or investment. Without government intervention to increase expenditure, an economy can remain trapped in a low-employment equilibrium. The demonstration of this possibility has been described as

6696-567: A stable managerial regime once more in place. The company has had six music directors since its inception: Karl Rankl , Rafael Kubelík , Georg Solti , Colin Davis , Bernard Haitink and Antonio Pappano . Between the two World Wars the provision of opera in Great Britain was variable in quality and quantity. At Covent Garden annual international seasons were organised ad hoc . English seasons were even less regular, and poorly supported by

6882-411: A stopping point in the flow of money. During the normal economic activity, it would be justified to have savings because they can be given out as loans but in this case, there is little demand for them, so they are doing no good for the economy. The supply of savings then exceeds the demand for loans and the result is lower prices or lower interest rates. Thus, the idea is that the money that was once saved

7068-437: A studio floor, a raised stage, or a stage with orchestra pit. The theatre can accommodate up to 400 patrons and host a variety of different events. It has been used for private functions, traditional theatre shows, and concerts, as well as community and educational events, product launches, dinners and exhibitions, etc., and is one of the most technologically advanced performance venues in London with its own public areas, including

7254-471: A success; but it is now". In 1958 the present theatre's centenary was marked by Luchino Visconti 's production of Verdi 's Don Carlos , with Vickers, Gobbi, Christoff, Gré Brouwenstijn and Fedora Barbieri , conducted by Carlo Maria Giulini . The work was then a rarity, and had hitherto been widely regarded as impossible to stage satisfactorily, but Visconti's production was a triumph. Kubelík did not renew his contract when it expired, and from 1958 there

7440-501: A triple bill in English of L'heure espagnole , Erwartung and Gianni Schicchi . Nevertheless, Solti and Webster had to take into account the complete opposition on the part of such stars as Callas to opera in translation. Moreover, as Webster recognised, the English-speaking singers wanted to learn their roles in the original so that they could sing them in other countries and on record. Increasingly, productions were in

7626-424: Is consistent with the maintenance of the best possible standards ..." The Royal Opera House reopened on 20 February 1946 with a performance of The Sleeping Beauty in an extravagant new production designed by Oliver Messel . Webster, with his music director Karl Rankl , immediately began to build a resident company. In December 1946, they shared their first production, Purcell 's The Fairy-Queen , with

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7812-476: Is known as the "father of macroeconomics". During the Great Depression of the 1930s, Keynes spearheaded a revolution in economic thinking , challenging the ideas of neoclassical economics that held that free markets would, in the short to medium term, automatically provide full employment, as long as workers were flexible in their wage demands. He argued that aggregate demand (total spending in

7998-473: Is now re-invested or spent, assuming lower interest rates appeal to consumers. To Keynes, however, this was not always the case, and it couldn't be assumed that lower interest rates would automatically encourage investment and spending again since there is no proven link between the two. The General Theory argues that demand, not supply, is the key variable governing the overall level of economic activity. Aggregate demand, which equals total un-hoarded income in

8184-407: Is on the state, not the market, that economies must depend for their salvation. In contrast, Keynes argued that demand is what creates supply and not the other way around. He questioned Say's Law by asking what would happen if the money that is being given to individuals is not finding its way back into the economy and is saved instead. He suggested the result would be a recession. To tackle the fear of

8370-592: Is precisely with these plants and these men that we shall afford them." The General Theory is often viewed as the foundation of modern macroeconomics . Few senior American economists agreed with Keynes through most of the 1930s. Yet his ideas were soon to achieve widespread acceptance, with eminent American professors such as Alvin Hansen agreeing with the General Theory before the outbreak of World War II. Keynes himself had only limited participation in

8556-566: Is separately Grade II heritage listed. The redevelopment had gone ahead on the strength of a pledge of £10m from the philanthropist Alberto Vilar and for a number of years, it was known as the Vilar Floral Hall; however Vilar failed to make good his pledge. As a result, the name was changed in September 2005 to the Paul Hamlyn Hall, after the opera house received a donation of £10m from the estate of Paul Hamlyn , towards its education and development programmes. As well as acting as

8742-401: Is the third theatre on the site, following disastrous fires in 1808 and 1856 to previous buildings. The façade , foyer , and auditorium date from 1858, but almost every other element of the present complex dates from an extensive reconstruction in the 1990s. The main auditorium seats 2,256 people, making it the third largest in London, and consists of four tiers of boxes and balconies and

8928-620: The First World War , the theatre was requisitioned by the Ministry of Works for use as a furniture repository. From 1934 to 1936, Geoffrey Toye was managing director, working alongside the artistic director Sir Thomas Beecham . Despite early successes, Toye and Beecham eventually fell out, and Toye resigned. During the Second World War the ROH became a dance hall. There was a possibility that it would remain so after

9114-639: The Kennedy Center in Washington, D.C. The last operatic music to be heard in the old house had been the finale of Falstaff , conducted by Solti with the singers led by Bryn Terfel , in a joint opera and ballet farewell gala in July 1997. When the house reopened in December 1999, magnificently restored, Falstaff was the opera given on the opening night, conducted by Haitink, once more with Terfel in

9300-459: The Treasury . Among his responsibilities were the design of terms of credit between Britain and its continental allies during the war and the acquisition of scarce currencies. According to economist Robert Lekachman , Keynes's "nerve and mastery became legendary" because of his performance of these duties, as in the case where he managed to assemble a supply of Spanish pesetas . The secretary of

9486-642: The amphitheatre gallery. The proscenium is 14.80 metres (48 ft 7 in) wide, with the stage of the same depth and 12.20 metres (40 ft 0 in) high. The main auditorium is a Grade I listed building . The Royal Opera House was rebranded as the Royal Ballet and Opera in 2024. The foundation of the Theatre Royal, Covent Garden lies in the letters patent awarded by Charles II to Sir William Davenant in 1662, allowing Davenant to operate one of only two patent theatre companies ( The Duke's Company ) in London. The letters patent remained in

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9672-727: The pantomime clown Joseph Grimaldi ( The Garrick of Clowns ) had performed his greatest success in Harlequin and Mother Goose; or the Golden Egg at Covent Garden, and this was subsequently revived, at the new theatre. Grimaldi was an innovator: his performance as Joey introduced the clown to the world, building on the existing role of Harlequin derived from the Commedia dell'arte . His father had been ballet-master at Drury Lane, and his physical comedy, his ability to invent visual tricks and buffoonery , and his ability to poke fun at

9858-557: The "astronomically" high war compensation they wanted to demand from Germany. Keynes was forced to try to exert influence mostly from behind the scenes. The three principal players at the Paris conferences were Britain's Lloyd George, France's Georges Clemenceau and America's President Woodrow Wilson . It was only Lloyd George to whom Keynes had much direct access; until the 1918 election he had some sympathy with Keynes's view but while campaigning had found his speeches were well received by

10044-481: The 'spectacular', including live horses on the stage and very loud music. Critics considered it a complete failure and Jullien was ruined and fled to America. Costa and his successors presented all operas in Italian, even those originally written in French, German or English, until 1892, when Gustav Mahler presented the debut of Wagner's Ring cycle at Covent Garden. The word "Italian" was then quietly dropped from

10230-460: The 1920s. The work, Treatise on Money , was published in 1930 in two volumes. A central idea of the work was that if the amount of money being saved exceeds the amount being invested – which can happen if interest rates are too high – then unemployment will rise. This is in part a result of people not wanting to spend too high a proportion of what employers pay out, making it difficult, in aggregate, for employers to make

10416-424: The 1929 crisis, Keynes also turned away from a fundamental pillar of neoclassical economics: free trade . He criticized Ricardian comparative advantage theory (the foundation of free trade), considering the theory's initial assumptions unrealistic, and became definitively protectionist. He detailed these ideas in his magnum opus, The General Theory of Employment, Interest and Money , published in early 1936. By

10602-438: The 1933 London Economic Conference opinions remained too diverse for a unified course of action to be agreed upon. Keynesian-like policies were adopted by Sweden and Germany, but Sweden was seen as too small to command much attention, and Keynes was deliberately silent about the successful efforts of Germany as he was dismayed by its imperialist ambitions and its treatment of Jews. Apart from Great Britain, Keynes's attention

10788-535: The 1960s combined the standard operatic works and less familiar pieces. The five composers whose works were given most frequently were Verdi, Puccini , Wagner, Mozart and Richard Strauss ; the next most performed composer was Britten. Rarities performed in the 1960s included operas by Handel and Janáček (neither composer's works being as common in the opera house then as now), and works by Gluck ( Iphigénie en Tauride ), Poulenc ( The Carmelites ), Ravel ( L'heure espagnole ) and Tippett ( King Priam ). There

10974-489: The 1970s, partly as a result of the stagflation that plagued the British and American economies during that decade, and partly because of criticism of Keynesian policies by Milton Friedman and other monetarists , who disputed the ability of government to favourably regulate the business cycle with fiscal policy . The 2007–2008 financial crisis sparked the 2008–2009 Keynesian resurgence . Keynesian economics provided

11160-407: The 1971 Portrait of Sir David Webster by David Hockney , which had hung in the opera house for several decades, was put up for auction at Christie's . It eventually sold for £12.8 million. The funds raised from the sale were needed to ensure the survival of the institution. "Significant redundancies " and an appeal for public donations were also made. In addition, the opera house applied for

11346-464: The 1983/4 season. Since the reopening of the theatre in 1999 an electronic libretto system provides translations onto small video screens for some seats, and additional monitors and screens are to be introduced to other parts of the house. In 2014 design work, known as the Open Up Project, began with the aim of opening the theatre's building to the public during the day, as well as improving

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11532-541: The 2023-2024 season, and the scheduled conclusion of Pappano's tenure as ROH music director at the close of the 2023-2024 season. Jakub Hrůša first guest-conducted at the ROH in February 2018, in a production of Carmen . He returned to the ROH in April 2022 to conduct a production of Lohengrin . In October 2022, the ROH announced the appointment of Hrůša as its next music director, effective in September 2025. He took

11718-608: The 90s redevelopment of the Royal Opera House. It is named in recognition of donations made by the Linbury Trust towards the redevelopment. The Trust is operated by Lord Sainsbury of Preston Candover and his wife Anya Linden , a former dancer with the Royal Ballet. The name Linbury is derived from the names Linden and Sainsbury. It was opened in 1999 with a collaboration from three Croydon secondary schools (including Coloma Convent Girls' School and Edenham High School ) in an original performance called About Face . In 2008

11904-476: The Arts Lottery through Arts Council England and private fundraising had been raised to enable the company to embark upon a major £213 million reconstruction of the building by Carillion , which took place between 1997 and 1999, under the chairmanship of Sir Angus Stirling . This involved the demolition of almost the whole site including several adjacent buildings to make room for a major increase in

12090-600: The BBC fly-on-the-wall series The House ". In 1995, The Royal Opera announced a "Verdi Festival", of which the driving force was the company's leading Verdian, Sir Edward Downes, by now returned from Australia. The aim was to present all Verdi's operas, either on stage or in concert performance, between 1995 and the centenary of Verdi's death, 2001. Those operas substantially rewritten by the composer in his long career, such as Simon Boccanegra , were given in both their original and revised versions. The festival did not manage to stage

12276-532: The Belgian Order of Leopold . Keynes's experience at Versailles was influential in shaping his future outlook, yet it was not a successful one. Keynes's main interest had been in trying to prevent Germany's compensation payments being set so high it would traumatise innocent German people, damage the nation's ability to pay and sharply limit its ability to buy exports from other countries – thus hurting not just Germany's economy but that of

12462-431: The British, while on security grounds, France argued for an even more severe settlement than Britain. Wilson initially favoured relatively lenient treatment of Germany – he feared too harsh conditions could foment the rise of extremism and wanted Germany to be left sufficient capital to pay for imports. To Keynes's dismay, Lloyd George and Clemenceau were able to pressure Wilson to agree to include pensions in

12648-469: The Covent Garden company, were committed to presenting opera all year round, in English with a resident company. It was widely assumed that this aim would be met by inviting the existing Sadler's Wells Opera Company to become resident at the Royal Opera House. Webster successfully extended just such an invitation to the Sadler's Wells Ballet Company , but he regarded the sister opera company as "parochial". He

12834-540: The Great Depression of the 1930s, that capitalism caused war. He argued that if capitalism were managed domestically and internationally (with coordinated international Keynesian policies, an international monetary system that did not pit the interests of countries against one another, and a high degree of freedom of trade), then this system of managed capitalism could promote peace rather than conflict between countries. His plans during World War II for post-war international economic institutions and policies (which contributed to

13020-466: The Isaacs period a disaster, citing poor management that failed to control inflated manning levels with a consequent steep rise in costs and ticket prices. The uneasy relations between Isaacs and his colleagues, notably Haitink, were also damaging. Tooley concluded that under Isaacs "Covent Garden had become a place of corporate entertainment, no longer a theatre primarily for opera and ballet lovers". Isaacs

13206-467: The Peace , published in 1919. This work has been described as Keynes's best book, where he was able to bring all his gifts to bear – his passion as well as his skill as an economist. In addition to economic analysis, the book contained appeals to the reader's sense of compassion : I cannot leave this subject as though its just treatment wholly depended either on our pledges or on economic facts. The policy of reducing Germany to servitude for

13392-822: The ROH2 programme, which supports new work and developing artists. The Royal Opera encourages young singers at the start of their careers with the Jette Parker Young Artists Programme; participants are salaried members of the company and receive daily coaching in all aspects of opera. In addition to the standard works of the operatic repertoire, The Royal Opera has presented many less well known pieces since 2002, including Cilea 's Adriana Lecouvreur , Massenet 's Cendrillon , Prokofiev 's The Gambler , Rimsky-Korsakov 's The Tsar's Bride , Rossini's Il turco in Italia , Steffani 's Niobe , and Tchaikovsky's The Tsarina's Slippers . Among

13578-542: The Royal Ballet and the Royal Shakespeare Company . Webster retired in June 1970. The music critic Charles Osborne wrote, "When he retired, he handed over to his successor an organization of which any opera house in the world might be proud. No memorial could be more appropriate". The successor was Webster's former assistant, John Tooley . One of Webster's last important decisions had been to recommend to

13764-687: The Royal Opera House and Manchester City Council began planning stages a new development known as Royal Opera House, Manchester . The proposal would have seen the Palace Theatre in Manchester refurbished, to create a theatre capable of staging productions by both the Royal Ballet and the Royal Opera. It was intended that the Royal Opera House would take residence of the theatre for an annual 18-week season, staging 16 performances by

13950-405: The Royal Opera House received a government subsidy of just over £27m, compared with a subsidy of £15m in 1998. This sum was divided between the opera and ballet companies and the cost of running the building. Compared with opera houses in mainland Europe, Covent Garden's public subsidy has remained low as a percentage of its income – typically 43%, compared with 60% for its counterpart in Munich. In

14136-409: The Royal Opera House whilst the branding and business operations change their title to reflect this adjustment. The Paul Hamlyn Hall is a large iron and glass structure adjacent to, and with direct access to, the main opera house building. The hall now acts as the atrium and main public area of the opera house, with a champagne bar, restaurant and other hospitality services, and also providing access to

14322-540: The Royal Opera House. Touring within Britain was limited to centres with large enough theatres to accommodate the company's productions, but in 1964 the company gave a concert performance of Otello at the Proms in London. Thereafter an annual appearance at the Proms was a regular feature of the company's schedule throughout the 1960s. In 1970, Solti led the company to Germany, where they gave Don Carlos , Falstaff and

14508-474: The Royal Opera, 28 performances by the Royal Ballet and other small-scale productions. A year later The Lowry sent an open letter to the then Secretary of State for Culture, Olympics, Media and Sport , Ben Bradshaw , Arts Council England, Manchester City Council and the ROH, calling for the scheme, in its current form, to be scrapped. In 2010 it was announced that the project was being shelved as part of larger arts-funding cuts. The Royal Opera House opened

14694-559: The Studio Programme the world premiere of Luke Bedford 's Through His Teeth , and the London premiere of Luca Francesconi 's Quartett (directed by Fulljames). This season also saw the first production of a three-year collaboration between The Royal Opera and Welsh National Opera, staging Moses und Aron in 2014, Richard Ayre 's Peter Pan in 2015 and a new commission in 2016 to celebrate WNO's 70th anniversary. Other events this season included The Royal Opera's first collaboration with Shakespeare's Globe , Holten directing L'Ormindo in

14880-497: The Theatre Royal (designed by Edward Shepherd ) at the site of an ancient convent garden. Inigo Jones had developed part of this property in the 1630s with a piazza and St Paul's church (now known colloquially as the actors' church). In addition, a Royal Charter had created a fruit and vegetable market in the area, a market which survived in that location until 1974 . At the opening of the theatre on 7 December 1732, Rich

15066-541: The Treasury was delighted to hear Keynes had amassed enough to provide a temporary solution for the British Government. But Keynes did not hand the pesetas over, choosing instead to sell them all to break the market: his boldness paid off, as pesetas then became much less scarce and expensive. On the introduction of military conscription in 1916, he applied for exemption as a conscientious objector , which

15252-473: The age of five and a half, Keynes started at the kindergarten of the Perse School for Girls for five mornings a week. He quickly showed a talent for arithmetic, but his health was poor leading to several long absences. He was tutored at home by a governess, Beatrice Mackintosh, and his mother. In January 1892, at eight and a half, he started as a day pupil at St Faith's preparatory school. By 1894, Keynes

15438-425: The audience were extraordinary. Early pantomimes were performed as mimes accompanied by music, but as Music hall became popular, Grimaldi introduced the pantomime dame to the theatre and was responsible for the tradition of audience singing. By 1821 dance and clowning had taken such a physical toll on Grimaldi that he could barely walk, and he retired from the theatre. By 1828, he was penniless; Drury Lane held

15624-478: The ballet company. On 14 January 1947, the Covent Garden Opera Company gave its first performance of Bizet 's Carmen . Before the grand opening, the Royal Opera House presented one of the Robert Mayer Children's concerts on Saturday, 9 February 1946. Several renovations had taken place to parts of the house in the 1960s, including improvements to the amphitheatre but the theatre clearly needed

15810-448: The board that Colin Davis should be invited to take over as musical director when Solti left in 1971. It was announced in advance that Davis would work in tandem with Peter Hall , appointed director of productions. Peter Brook had briefly held that title in the company's early days, but in general the managerial structure of the opera company differed markedly from that of the ballet. The latter had always had its own director, subordinate to

15996-459: The careers of singers from within the company was a consistent policy of the early years. Among the many guest performers have been Maria Callas , Plácido Domingo , Kirsten Flagstad , Hans Hotter , Birgit Nilsson , Luciano Pavarotti and Elisabeth Schwarzkopf . Among those who have risen to international prominence from the ranks of the company are Geraint Evans , Joan Sutherland , Kiri Te Kanawa and Jon Vickers . The company's growth under

16182-507: The chief executive of the opera house but with, in practice, a great degree of autonomy. The chief executive of the opera house and the musical director exercised considerably more day-to-day control over the opera company Appointing a substantial theatrical figure such as Hall was an important departure. Hall, however, changed his mind, and did not take up the appointment, going instead to run the National Theatre . His defection, and

16368-482: The child performer Master Betty ; the great clown Joseph Grimaldi made his name at Covent Garden. Many famous actors of the day appeared at the theatre, including the tragediennes Sarah Siddons and Eliza O'Neill , the Shakespearean actors William Macready , Edmund Kean and his son Charles . On 25 March 1833 Edmund Kean collapsed on stage while playing Othello , and died two months later. In 1806,

16554-421: The circumstances of its publication were such that his suggestions shaped the course of the 1930s. In addition, Keynes introduced the world to a new interpretation of taxation: since the legal tender is now defined by the state, inflation becomes "taxation by currency depreciation". This hidden tax meant a) that the standard of value should be governed by deliberate decision; and (b) that it was possible to maintain

16740-538: The closure of the Opera House during its redevelopment". Isaacs, the paper states, turned down the chance of a temporary move to the Lyceum Theatre almost next door to the opera house, pinning his hopes on a proposed new temporary building on London's South Bank . That scheme was refused planning permission, leaving the opera and ballet companies homeless. Isaacs resigned in December 1996, nine months before

16926-464: The collapse of the Weimar Republic and the outbreak of the Second World War. However, historian Ruth Henig claims that "most historians of the Paris peace conference now take the view that, in economic terms, the treaty was not unduly harsh on Germany and that, while obligations and damages were inevitably much stressed in the debates at Paris to satisfy electors reading the daily newspapers,

17112-516: The company in its early years included Kirsten Flagstad and Hans Hotter for The Valkyrie . Nevertheless, even as early as 1948, the opera in English policy was weakening; the company was obliged to present some Wagner performances in German to recruit leading exponents of the main roles. At first Rankl conducted all the productions; he was dismayed when eminent guest conductors including Beecham, Clemens Krauss and Erich Kleiber were later invited for prestige productions. By 1951 Rankl felt that he

17298-467: The composers whose works were premiered were Thomas Adès , Harrison Birtwistle , Lorin Maazel, and Nicholas Maw . Productions in the first five years of Pappano's tenure ranged from Shostakovich 's Lady Macbeth of Mtsensk (2004) to Stephen Sondheim 's Sweeney Todd (2003) starring Thomas Allen and Felicity Palmer . Pappano's Ring cycle, begun in 2004 and staged as a complete tetralogy in 2007,

17484-516: The conference was a treaty which disgusted Keynes both on moral and economic grounds and led to his resignation from the Treasury. In June 1919 he turned down an offer to become chairman of the British Bank of Northern Commerce , a job that promised a salary of £2,000 in return for a morning per week of work. Keynes's analysis on the predicted damaging effects of the treaty appeared in the highly influential book, The Economic Consequences of

17670-510: The cost of European reconstruction on the United States. Lloyd George agreed it might be acceptable to the British electorate. However, America was against the plan; the US was then the largest creditor, and by this time Wilson had started to believe in the merits of a harsh peace and thought that his country had already made excessive sacrifices. Hence despite his best efforts, the result of

17856-527: The cost of allowing their currency to depreciate. Britain suffered from high unemployment through most of the 1920s, leading Keynes to recommend the depreciation of sterling to boost jobs by making British exports more affordable. From 1924 he was also advocating a fiscal response, where the government could create jobs by spending on public works. During the 1920s Keynes's pro-stimulus views had only limited effect on policymakers and mainstream academic opinion – according to Hyman Minsky one reason

18042-808: The creation at Bretton Woods of the International Monetary Fund and the World Bank , and later to the creation of the General Agreement on Tariffs and Trade and eventually the World Trade Organization ) were aimed to give effect to this vision. Although Keynes has been widely criticised – especially by members of the Chicago school of economics  – for advocating irresponsible government spending financed by borrowing, in fact he

18228-421: The departure to Australian Opera of the staff conductor Edward Downes , a noted Verdi expert, left the company weakened on both production and musical sides. Like his predecessors, Davis experienced hostility from sections of the audience in his early days in charge. His first production after taking over was a well-received Le nozze di Figaro , in which Kiri Te Kanawa achieved immediate stardom, but booing

18414-416: The economy) determined the overall level of economic activity, and that inadequate aggregate demand could lead to prolonged periods of high unemployment, and since wages and labour costs are rigid downwards the economy will not automatically rebound to full employment. Keynes advocated the use of fiscal and monetary policies to mitigate the adverse effects of economic recessions and depressions . After

18600-734: The effect of a recent global economic downturn on India. He founded the Political Economy Club , a weekly discussion group. Keynes's earnings rose further as he began to take on pupils for private tuition. In 1911 Keynes was made the editor of The Economic Journal . By 1913 he had published his first book, Indian Currency and Finance . He was then appointed to the Royal Commission on Indian Currency and Finance  – the same topic as his book – where Keynes showed considerable talent at applying economic theory to practical problems. His written work

18786-578: The entrances, lobby areas and the Linbury Theatre. As part of the Open Up Project, IQ Projects were tasked with the renovation of the upper floor bar area and restaurant utilising various elements of bespoke glazing. In October 2020, the BBC reported that the Royal Opera House had lost 60% of its income as a result of restrictions implemented in response to the COVID-19 pandemic . As a consequence,

18972-470: The establishment of a permanent organization, a kind of diffused grand season, has endangered the good work of the past fifteen years. ... The purpose of a subsidy from the Exchequer was to lay foundations for an English opera, such as is a feature of the culture of every other country in Europe. [Solti] announced his intention of making Covent Garden 'quite simply, the best opera house in the world', and in

19158-471: The ethical system of G. E. Moore . Keynes was elected to the University Pitt Club and was an active member of the semi-secretive Cambridge Apostles society, a debating club largely reserved for the brightest students. Like many members, Keynes retained a bond to the club after graduating and continued to attend occasional meetings throughout his life. Before leaving Cambridge, Keynes became

19344-419: The existing shell of the building. Rebuilding began in December 1808, and the second Theatre Royal, Covent Garden (designed by Robert Smirke ) opened on 18 September 1809 with a performance of Macbeth followed by a musical entertainment called The Quaker . The actor-manager John Philip Kemble , raised seat prices to help recoup the cost of rebuilding and the cost of an increased ground rent introduced by

19530-507: The expiry of his contract. Haitink, dismayed by events, threatened to leave, but was persuaded to stay and keep the opera company going in a series of temporary homes in London theatres and concert halls. A semi-staged Ring cycle at the Royal Albert Hall gained superlative reviews and won many new admirers for Haitink and the company, whose members included Tomlinson, Anne Evans and Hildegard Behrens . After Isaacs left, there

19716-401: The first decision weight approach with his conventional coefficient of risk and weight, c , in chapter 26. In addition to his academic work, the 1920s saw Keynes active as a journalist selling his work internationally and working in London as a financial consultant. In 1924 Keynes wrote an obituary for his former tutor Alfred Marshall which Joseph Schumpeter called "the most brilliant life of

19902-447: The gold standard and in 1925 they were able to convince the then Chancellor Winston Churchill to re-establish it, which had a depressing effect on British industry. Keynes responded by writing The Economic Consequences of Mr. Churchill and continued to argue against the gold standard until Britain finally abandoned it in 1931. Keynes had begun a theoretical work to examine the relationship between unemployment, money and prices back in

20088-407: The government), rather than deficit spending , to avoid inflation. Compulsory saving would act to dampen domestic demand, assist in channelling additional output towards the war efforts, would be fairer than punitive taxation and would have the advantage of helping to avoid a post-war slump by boosting demand once workers were allowed to withdraw their savings. In September 1941 he was proposed to fill

20274-431: The impoverishment of Central Europe, vengeance, I dare predict, will not limp. Nothing can then delay for very long that final war between the forces of Reaction and the despairing convulsions of Revolution, before which the horrors of the late German war will fade into nothing. Keynes's followers assert that his predictions of disaster were borne out when the German economy suffered the hyperinflation of 1923 , and again by

20460-451: The index understated the effects of changes in the costs of services and labour. Keynes was deeply critical of the British government's austerity measures during the Great Depression . He believed that budget deficits during recessions were a good thing and a natural product of an economic slump. He wrote, "For Government borrowing of one kind or another is nature's remedy, so to speak, for preventing business losses from being, in so severe

20646-518: The intention was quietly to give Germany substantial help towards paying her bills, and to meet many of the German objections by amendments to the way the reparations schedule was in practice carried out". Only a small fraction of reparations was ever paid. In fact, historian Stephen A. Schuker demonstrates in American 'Reparations' to Germany, 1919–33 , that the capital inflow from American loans substantially exceeded German out payments so that, on

20832-472: The landowner, the Duke of Bedford, but the move was so unpopular that audiences disrupted performances by beating sticks, hissing, booing and dancing. The Old Price Riots lasted over two months, and the management was finally forced to accede to the audience's demands. During this time, entertainments were varied; opera and ballet were presented, but not exclusively. Kemble engaged a variety of acts, including

21018-526: The late 1930s, leading Western economies had begun adopting Keynes's policy recommendations. Almost all capitalist governments had done so by the end of the two decades following Keynes's death in 1946. As a leader of the British delegation, Keynes participated in the design of the international economic institutions established after the end of World War II but was overruled by the American delegation on several aspects. Keynes's influence started to wane in

21204-460: The latter part of the 2000s, The Royal Opera gave an average of 150 performances each season, lasting from September to July, of about 20 operas, nearly half of which were new productions. Productions in the 2011–12 season included a new opera ( Miss Fortune ) by Judith Weir , and the first performances of The Trojans at Covent Garden since 1990, conducted by Pappano, and starring Bryan Hymel , Eva-Maria Westbroek and Anna Caterina Antonacci . From

21390-506: The main auditorium at all levels. The building was formerly known as Floral Hall . It was originally built by the Opera House to house a flower market (also selling fruits and vegetables), hence the name. It was designed by Edward Middleton Barry and opened in 1860. After being used as a concert hall, it became part of the Covent Garden Market in 1887. A fire broke out in the building in 1956, after which it sat derelict. It

21576-455: The management of David Webster from modest beginnings to parity with the world's greatest opera houses was recognised by the grant of the title "The Royal Opera" in 1968. Under Webster's successor, John Tooley , appointed in 1970, The Royal Opera prospered, but after his retirement in 1988, there followed a period of instability and the closure of the Royal Opera House for rebuilding and restoration between 1997 and 1999. The 21st century has seen

21762-500: The management of the opera house she resigned in March 1998, as did the entire board of the opera house, including the chairman, Lord Chadlington . A new board appointed Michael Kaiser as general director in September 1998. He oversaw the restoration of the two companies' finances and the re-opening of the opera house. He was widely regarded as a success, and there was some surprise when he left in June 2000 after less than two years to run

21948-722: The music. It proved that contrary to expectation English can even now be sung so that the words are intelligible. It confirmed what we knew already about the quality of the chorus. All the members of the cast for the production were from Britain or the Commonwealth . Later in the season, one of England's few pre-war international opera stars, Eva Turner , appeared as Turandot . For the company's second season, eminent singers from continental Europe were recruited, including Ljuba Welitsch , Elisabeth Schwarzkopf , Paolo Silveri , Rudolf Schock and Set Svanholm . Other international stars who were willing to re-learn their roles in English for

22134-490: The name of the opera house. The conjuror John Henry Anderson , who had exposed the Davenport brothers , leased the theatre to stage his shows which were critical of mediums and spiritualism . After a gala performance and bal masqué organised by Anderson, the theatre caught fire in the early hours of 5 March 1856 and was destroyed. Work on a third theatre, designed by Edward Middleton Barry , started in 1857, and

22320-428: The new building, which still remains as the nucleus of the present theatre, was built by Lucas Brothers and opened on 15 May 1858 with a performance of Meyerbeer's Les Huguenots . The Royal English Opera company under the management of Louisa Pyne and William Harrison , made their last performance at Theatre Royal, Drury Lane , on 11 December 1858 and took up residence at Covent Garden on 20 December 1858 with

22506-437: The newly opened Sam Wanamaker Playhouse. In The Guardian , Tim Ashley wrote, "A more exquisite evening would be hard to imagine"; Dominic Dromgoole , director of the playhouse expressed the hope that the partnership with the Royal Opera would become an annual fixture. The production was revived in February 2015. In March 2021, the ROH announced simultaneously the latest extension of Pappano's contract as its music director until

22692-533: The opera house introduced promenade performances, giving, as Bernard Levin wrote, "an opportunity for those (particularly the young, of course) who could not normally afford the price of stalls tickets to sample the view from the posher quarters at the trifling cost of £3 and a willingness to sit on the floor". Davis conducted more than 30 operas during his 15-year tenure, but, he said, "people like [Lorin] Maazel , Abbado and [Riccardo] Muti would only come for new productions". Unlike Rankl, and like Solti, Davis wanted

22878-479: The opinion of many he succeeded. Grove Dictionary of Music and Musicians Solti, however, was an advocate of opera in the vernacular, and promoted the development of British and Commonwealth singers in the company, frequently casting them in his recordings and important productions in preference to overseas artists. Among those who came to prominence during the decade were Gwyneth Jones and Peter Glossop . Solti demonstrated his belief in vernacular opera with

23064-638: The original language. In the interests of musical and dramatic excellence, Solti was a strong proponent of the stagione system of scheduling performances, rather than the traditional repertory system. By 1967, The Times said, "Patrons of Covent Garden today automatically expect any new production, and indeed any revival, to be as strongly cast as anything at the Met in New York, and as carefully presented as anything in Milan or Vienna ". The company's repertory in

23250-477: The possession of the patentees' heirs until the 19th century. Their whereabouts were unknown for some time, but as of 2019 they are held in the Rosenbach Museum & Library , Philadelphia . In 1728, John Rich , actor-manager of the Duke's Company at Lincoln's Inn Fields Theatre , commissioned The Beggar's Opera from John Gay . The success of this venture provided him with the capital to build

23436-414: The premiere of Michael Balfe 's Satanella – the first opera to have its world premiere at the new theatre – and continued there until 1865. The theatre became the Royal Opera House (ROH) in 1892, and the number of French and German works offered increased. Winter and summer seasons of opera and ballet were given, and the building was also used for pantomime, recitals and political meetings. During

23622-502: The president of the Cambridge Union Society and Cambridge University Liberal Club . He was said to be an atheist. In May 1904, he received a first-class BA in mathematics. Aside from a few months spent on holidays with family and friends, Keynes continued to involve himself with the university over the next two years. He took part in debates, further studied philosophy and attended economics lectures informally as

23808-427: The public only if he promised to harshly punish Germany, and had therefore committed his delegation to extracting high payments. Lloyd George did, however, win some loyalty from Keynes with his actions at the Paris conference by intervening against the French to ensure the dispatch of much-needed food supplies to German civilians. Clemenceau also pushed for substantial reparations, though not as high as those proposed by

23994-558: The public. ... The Grand Season was largely a social occasion and in practice tended not to include British artists. Artistic achievement was always limited by the paucity of rehearsals that could be called for visiting stars. Lords Goodman and Harewood Report on Opera and Ballet in the United Kingdom , 1969 From the mid-19th century, opera had been presented on the site of Covent Garden's Royal Opera House , at first by Michael Costa 's Royal Italian Opera company. After

24180-410: The reparations bill. Towards the end of the conference, Keynes came up with a plan that he argued would not only help Germany and other impoverished central European powers but also be good for the world economy as a whole. It involved the radical writing down of war debts, which would have had the possible effect of increasing international trade all round, but at the same time thrown over two-thirds of

24366-497: The rest of his life his professional energies were directed largely towards the practical side of economics: the problems of ensuring optimum allocation of resources for the war efforts, post-war negotiations with America, and the new international financial order that was presented at the Bretton Woods Conference . In the General Theory and later, Keynes responded to the socialists who argued, especially during

24552-401: The revolutionary formal achievement of the work. The book advocated activist economic policy by government to stimulate demand in times of high unemployment, for example by spending on public works . "Let us be up and doing, using our idle resources to increase our wealth," he wrote in 1928. "With men and plants unemployed, it is ridiculous to say that we cannot afford these new developments. It

24738-597: The roster: Karajan , Bernstein and Barenboim ". Among the high-profile guests conducting Davis's company were Carlos Kleiber for performances of Der Rosenkavalier (1974), Elektra (1977), La bohème (1979) and Otello (1980), and Abbado conducting Un ballo in maschera (1975), starring Plácido Domingo and Katia Ricciarelli . In addition to the standard repertoire, Davis conducted such operas as Berg 's Lulu and Wozzeck , Tippett's The Knot Garden and The Ice Break , and Alexander Zemlinsky 's Der Zwerg and Eine florentinische Tragödie . Among

24924-510: The same house throughout their lives, where the children were always welcome to return. Keynes received considerable support from his father, including expert coaching to help him pass his scholarship exams and financial help both as a young man and when his assets were nearly wiped out at the onset of Great Depression in 1929. Keynes's mother made her children's interests her own, and according to Skidelsky, "because she could grow up with her children, they never outgrew home". In January 1889, at

25110-502: The same name ), directed by Fulljames, and the UK stage premiere of Gerald Barry 's The Importance of Being Earnest , directed by Ramin Gray . New productions in the 2013–14 season included Les vêpres siciliennes , directed by Stefan Herheim , Parsifal , directed by Stephen Langridge , Don Giovanni , directed by Holten, Die Frau ohne Schatten , directed by Claus Guth , and Manon Lescaut , directed by Jonathan Kent , and in

25296-514: The size of the complex. The auditorium itself remained, but well over half of the complex is new. The design team was led by Jeremy Dixon and Edward Jones of Dixon Jones BDP as architects. The acoustic designers were Rob Harris and Jeremy Newton of Arup Acoustics. The building engineer was Arup with Stanhope as developer. The new building has the same traditional horseshoe-shaped auditorium as before, but with greatly improved technical, rehearsal, office, and educational facilities. Additionally,

25482-497: The star guest singers during the Davis years were the sopranos Montserrat Caballé and Leontyne Price , the tenors Carlo Bergonzi , Nicolai Gedda and Luciano Pavarotti and the bass Gottlob Frick . British singers appearing with the company included Janet Baker , Heather Harper , John Tomlinson and Richard Van Allan . Davis's tenure, at that time the longest in The Royal Opera's history, closed in July 1986 not with

25668-599: The start of the 2011–12 season Kasper Holten became Director of The Royal Opera, joined by John Fulljames as Associate Director of Opera. At the end of the 2011–12 season ROH2 , the contemporary arm of the Royal Opera House, was closed. Responsibility for contemporary programming was split between the Studio programmes of The Royal Opera and The Royal Ballet. Since the start of the 2012–13 season, The Royal Opera has continued to mount around 20 productions and around seven new productions each season. The 2012–13 season opened with

25854-458: The suspension of specie payments – the gold equivalent of banknotes  – but with Keynes's help, the Chancellor of the Exchequer (then Lloyd George ) was persuaded that this would be a bad idea, as it would hurt the future reputation of the city if payments were suspended before it was necessary. In January 1915 Keynes took up an official government position at

26040-404: The theatre; many of his operas and oratorios were written for that venue or had their first London performances there. He bequeathed his organ to John Rich, and it was placed in a prominent position on the stage. It was among many valuable items lost in a fire that destroyed the theatre on 20 September 1808. In 1792 the architect Henry Holland rebuilt the auditorium; he expanded its capacity within

26226-542: The theoretical debates that followed the publication of the General Theory as he suffered a heart attack in 1937, requiring him to take long periods of rest. Among others, Hyman Minsky and Post-Keynesian economists have argued that as a result, Keynes's ideas were diluted by those keen to compromise with classical economists or to render his concepts with mathematical models like the IS–LM model (which, they argue, distort Keynes's ideas). Keynes began to recover in 1939, but for

26412-648: The theoretical underpinning for economic policies undertaken in response to the 2007–2008 financial crisis by President Barack Obama of the United States, Prime Minister Gordon Brown of the United Kingdom, and other heads of governments. When Time magazine included Keynes among its Most Important People of the Century in 1999, it reported that "his radical idea that governments should spend money they don't have may have saved capitalism". The Economist has described Keynes as "Britain's most famous 20th-century economist". In addition to being an economist, Keynes

26598-432: The title of music director designate with immediate effect. Hrůša and Pappano are scheduled to share responsibilities in the 2024-2025 transition season. Royal Opera House The Royal Ballet and Opera , formerly the Royal Opera House ( ROH ), is a historic opera house and major performing arts venue in Covent Garden , central London . The large building is often referred to as simply Covent Garden , after

26784-683: The title role. Following years of disruption and conflict, stability was restored to the opera house and its two companies after the appointment in May 2001 of a new chief executive, Tony Hall , formerly a senior executive at the BBC. The following year Antonio Pappano succeeded Haitink as music director of The Royal Opera. Following the redevelopment, a second, smaller auditorium, the Linbury Studio Theatre has been made available for small-scale productions by The Royal Opera and The Royal Ballet, for visiting companies, and for work produced in

26970-476: The two companies, competition was intense, and the companies often presented the same plays at the same time. Rich introduced pantomime to the repertoire, performing himself, under the stage name John Lun , as Harlequin . A tradition of seasonal pantomime continued at the modern theatre until 1939. In 1734, the theatre presented its first ballet, Pygmalion . Marie Sallé discarded tradition and her corset and danced in diaphanous robes. George Frideric Handel

27156-475: The use of spotlights to highlight performers on the stage. The Theatres Act 1843 broke the patent theatres' monopoly of drama. At that time Her Majesty's Theatre in the Haymarket was the main centre of ballet and opera but after a dispute with the management in 1846 Michael Costa , conductor at Her Majesty's, transferred his allegiance to Covent Garden, bringing most of the company with him. The auditorium

27342-448: The war but, following lengthy negotiations, the music publishers Boosey & Hawkes acquired the lease of the building. David Webster was appointed General Administrator, and Sadler's Wells Ballet was invited to become the resident ballet company. The Covent Garden Opera Trust was created and laid out plans "to establish Covent Garden as the national centre of opera and ballet, employing British artists in all departments, wherever that

27528-422: The war, the Royal Opera House was leased by its owners, Covent Garden Properties Ltd, to Mecca Ballrooms who used it profitably as a dance hall. Towards the end of the war, the owners approached the music publishers Boosey and Hawkes to see if they were interested in taking a lease of the building and staging opera (and ballet) once more. Boosey and Hawkes took a lease, and granted a sub-lease at generous terms to

27714-473: The wider world. Unfortunately for Keynes, conservative powers in the coalition that emerged from the 1918 coupon election were able to ensure that both Keynes himself and the Treasury were largely excluded from formal high-level talks concerning reparations. Their place was taken by the Heavenly Twins  – the judge Lord Sumner and the banker Lord Cunliffe , whose nickname derived from

27900-406: The world's best conductors to come to Covent Garden. He ceded the baton to guests for new productions including Der Rosenkavalier , Rigoletto and Aida . In The Times , John Higgins wrote, "One of the hallmarks of the Davis regime was the flood of international conductors who suddenly arrived at Covent Garden. While Davis has been in control perhaps only three big names have been missing from

28086-533: Was a firm believer in balanced budgets and regarded the proposals for programmes of public works during the Great Depression as an exceptional measure to meet the needs of exceptional circumstances. During the Second World War , Keynes argued in How to Pay for the War , published in 1940, that the war effort should be largely financed by higher taxation and especially by compulsory saving (essentially workers lending money to

28272-421: Was a period of managerial instability, with three chief executives in three years. Isaacs's successor, Genista McIntosh , resigned in May 1997 after five months, citing ill-health. Her post was filled by Mary Allen , who moved into the job from the Arts Council . Allen's selection did not comply with the council's rules for such appointments, and following a critical House of Commons Select committee report on

28458-452: Was a post he wanted. Bruno Walter persuaded him otherwise, and he took up the musical directorship in August 1961. The press gave him a cautious welcome, but there was some concern about a drift away from the company's original policies: [A] recent shift in policy towards engaging eminent singers and conductors from abroad, which is a reversion to what has been at once traditional and fatal to

28644-535: Was acquired by the Opera House in 1977 and used as storage space. The redevelopment of the Floral Hall as part of the 1990s redevelopment project involved lifting up the cast iron structure to accommodate new public areas for the opera house underneath. The southern side of the hall now connected with another building, so the cast iron south portico was dismantled and rebuilt in Borough Market , where it

28830-453: Was addressed chiefly to the British Government, it also contained advice for other nations affected by the global recession. A copy was sent to the newly elected President Franklin D. Roosevelt and other world leaders. The work was taken seriously by both the American and British governments, and according to Robert Skidelsky , helped pave the way for the later acceptance of Keynesian ideas, though it had little immediate practical influence. In

29016-642: Was also a civil servant , a director of the Bank of England , and a part of the Bloomsbury Group of intellectuals. John Maynard Keynes was born in Cambridge , England, in June 1883 to an upper-middle-class family. His father, John Neville Keynes , was an economist and a lecturer in moral sciences at the University of Cambridge and his mother, Florence Ada Keynes , a local social reformer. Keynes

29202-575: Was also a celebrated production of Schoenberg 's Moses and Aaron in the 1965–66 and 1966–67 seasons. In the mainstream repertoire, a highlight of the decade was Franco Zeffirelli 's production of Tosca in 1964 with Callas, Renato Cioni and Gobbi. Among the guest conductors who appeared at Covent Garden during the 1960s were Otto Klemperer , Pierre Boulez , Claudio Abbado and Colin Davis . Guest singers included Jussi Björling , Mirella Freni , Sena Jurinac , Irmgard Seefried and Astrid Varnay . The company made occasional appearances away from

29388-622: Was also cultural, in two senses: he was of the last generation raised by an empire still at the height of its power and was also of the last generation who felt entitled to govern by culture, rather than by expertise. According to Skidelsky , the sense of cultural unity current in Britain from the 19th century to the end of World War I provided a framework with which the well-educated could set various spheres of knowledge in relation to each other and life, enabling them to confidently draw from different fields when addressing practical problems. In October 1906 Keynes began his Civil Service career as

29574-568: Was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles . One of the most influential economists of the 20th century, he produced writings that are the basis for the school of thought known as Keynesian economics , and its various offshoots. His ideas, reformulated as New Keynesianism , are fundamental to mainstream macroeconomics . He

29760-459: Was an interregnum until 1961, covered by guest conductors including Giulini, Kempe, Tullio Serafin , Georg Solti and Kubelík himself. In June 1960 Solti was appointed musical director from the 1961 season onwards. With his previous experience in charge of the Munich and Frankfurt opera houses, he was at first uncertain that Covent Garden, not yet consistently reaching the top international level,

29946-653: Was awarded the Tomline Prize for mathematics. At Eton, Keynes experienced the first "love of his life" in Dan Macmillan, older brother of the future Prime Minister Harold Macmillan . Despite his middle-class background, Keynes mixed easily with upper-class pupils. In 1902, Keynes left Eton for King's College, Cambridge , after receiving a scholarship for this also, to read mathematics. Alfred Marshall begged Keynes to become an economist, although Keynes's own inclinations drew him towards philosophy, especially

30132-550: Was carried by his actors in procession into the building for its inaugural production of William Congreve 's The Way of the World . During its first century, the theatre was operated primarily as a playhouse, with the Letters Patent granted by Charles II giving the Theatre Royal, Covent Garden and Theatre Royal, Drury Lane exclusive rights to present spoken drama in London. Despite the frequent interchangeability between

30318-506: Was completely remodeled after an 1856 fire, during the following 1856–57 seasons, the company performed at the Lyceum Theatre . The theatre reopened as the Royal Italian Opera on 6 April 1857 with a performance of Rossini 's Semiramide . In 1852, Louis Antoine Jullien the French eccentric composer of light music and conductor presented an opera of his own composition, Pietro il Grande . Five performances were given of

30504-431: Was determined to set up a new opera company of his own. The British government had recently begun to give funds to subsidise the arts, and Webster negotiated an ad hoc grant of £60,000 and an annual subsidy of £25,000, enabling him to proceed. Webster's first priority was to appoint a musical director to build the company from scratch. He negotiated with Bruno Walter and Eugene Goossens , but neither of those conductors

30690-526: Was effectively granted conditional upon continuing his government work. In the 1917 King's Birthday Honours , Keynes was appointed Companion of the Order of the Bath for his wartime work, and his success led to the appointment that had a huge effect on Keynes's life and career; Keynes was appointed financial representative for the Treasury to the 1919 Versailles peace conference . He was also appointed Officer of

30876-522: Was formally opened by Creative & Cultural Skills in March 2013, alongside renovated farm buildings. Acme studios opened a complex of 43 artist studios in Summer 2013. In addition to opera and ballet performances, the Royal Opera House has hosted a number of other events including: John Maynard Keynes Heterodox John Maynard Keynes, 1st Baron Keynes CB , FBA ( / k eɪ n z / KAYNZ ; 5 June 1883 – 21 April 1946),

31062-438: Was granted a royal charter in 1956, changing its title to "The Royal Ballet"; the opera company was close to reaching similar eminence. Two landmark productions greatly enhanced its reputation. In 1957, Covent Garden presented the first substantially complete professional staging at any opera house of Berlioz 's vast opera The Trojans , directed by John Gielgud and conducted by Kubelík. The Times commented, "It has never been

31248-475: Was heard at a "disastrous" Nabucco in 1971, and his conducting of Wagner's Ring was at first compared unfavourably with that of his predecessor. The Covent Garden board briefly considered replacing him, but was dissuaded by its chairman, Lord Drogheda . Davis's Mozart was generally admired; he received much praise for reviving the little-known La clemenza di Tito in 1974. Among his other successes were The Trojans and Benvenuto Cellini . Under Davis,

31434-605: Was impossible to produce more than a handful of English-speaking opera stars, and that importing singers from continental Europe was the only way to achieve first-rate results. Despite Beecham's views, by the mid-1950s the Covent Garden company included many British and Commonwealth singers who were already or were soon to be much sought after by overseas opera houses. Among them were Joan Carlyle , Marie Collier , Geraint Evans , Michael Langdon , Elsie Morison , Amy Shuard , Joan Sutherland , Josephine Veasey and Jon Vickers . Nevertheless, as Lords Goodman and Harewood put it in

31620-488: Was named musical director of the company at Lincoln's Inn Fields in 1719, but his first season of opera for the theatre was not presented until 1734. His first opera was Il pastor fido , followed by Ariodante (1735), and the première of Alcina , and Atalanta the following year. In 1743 there was a royal performance of Messiah ; its success resulted in a tradition of Lenten oratorio performances. From 1735 until his death in 1759, Handel gave regular seasons at

31806-560: Was never formally renounced. On this subject, Peter Heyworth wrote in The Observer in 1960 that Covent Garden had "quickly learned the secret that underlies the genius of British institutions for undisturbed change: it continued to pay lip service to a policy that it increasingly ignored". By the end of the 1950s, Covent Garden was generally regarded as approaching the excellence of the world's greatest opera companies. Its sister ballet company had achieved international recognition and

31992-548: Was no longer valued, and announced his resignation. In Haltrecht's view, the company that Rankl built up from nothing had outgrown him. In the early years, the company sought to be innovative and widely accessible. Ticket prices were kept down: in the 1949 season 530 seats were available for each performance at two shillings and sixpence. In addition to the standard operatic repertory, the company presented operas by living composers such as Britten , Vaughan Williams , Bliss , and, later, Walton . The young stage director Peter Brook

32178-403: Was not until after the outbreak of the Second World War that Keynes was offered a directorship of a major British Bank, or an acceptable offer to return to government with a formal job. However, Keynes was still able to influence government policy-making through his network of contacts, his published works and by serving on government committees; this included attending high-level policy meetings as

32364-484: Was partly setting himself against his former teachers Marshall and Pigou. Keynes believed the classical theory was a "special case" that applied only to the particular conditions present in the 19th century, his theory being the general one. Classical economists had believed in Say's law , which, simply put, states that " supply creates its demand ", and that in a free-market workers would always be willing to lower their wages to

32550-420: Was persuaded by Felix Frankfurter to address President Roosevelt directly, which he did by letters and face-to-face in 1934, after which the two men spoke highly of each other. However, according to Skidelsky, the consensus is that Keynes's efforts began to have a more than marginal influence on US economic policy only after 1939. Keynes's magnum opus , The General Theory of Employment, Interest and Money

32736-650: Was praised like Haitink's before it for its musical excellence; it was staged in a production described by Richard Morrison in The Times as "much derided for mixing the homely … the wacky and the cosmic". During Pappano's tenure, his predecessors Davis and Haitink have both returned as guests. Haitink conducted Parsifal , with Tomlinson, Christopher Ventris and Petra Lang in 2007, and Davis conducted four Mozart operas between 2002 and 2011, Richard Strauss's Ariadne auf Naxos in 2007 and Humperdinck 's Hansel and Gretel in 2008. In 2007, Sir Simon Rattle conducted

32922-469: Was primarily focused on the United States. In 1931, he received considerable support for his views on counter-cyclical public spending in Chicago, then America's foremost center for economic views alternative to the mainstream. However, orthodox economic opinion remained generally hostile regarding fiscal intervention to mitigate the depression , until just before the outbreak of war . In late 1933 Keynes

33108-406: Was published in 1936. It was researched and indexed by one of Keynes's favourite students, and later economist, David Bensusan-Butt . The work served as a theoretical justification for the interventionist policies Keynes favoured for tackling a recession. Although Keynes stated in his preface that his General Theory was only secondarily concerned with the "applications of this theory to practice,"

33294-445: Was published under the name "J M Keynes", though to his family and friends he was known as Maynard. (His father, John Neville Keynes, was also always known by his middle name). The British Government called on Keynes's expertise during the First World War . While he did not formally rejoin the civil service in 1914, Keynes travelled to London at the government's request a few days before hostilities started. Bankers had been pushing for

33480-426: Was put in charge of productions, bringing a fresh and sometimes controversial approach to stagings. After Rankl's departure the company engaged a series of guest conductors while Webster sought a new musical director. His preferred candidates, Erich Kleiber, John Barbirolli , Josef Krips , Britten and Rudolf Kempe , were among the guests but none would take the permanent post. It was not until 1954 that Webster found

33666-512: Was that at this time his theoretical justification was "muddled". The Tract had also called for an end to the gold standard. Keynes advised it was no longer a net benefit for countries such as Britain to participate in the gold standard , as it ran counter to the need for domestic policy autonomy. It could force countries to pursue deflationary policies at exactly the time when expansionary measures were called for to address rising unemployment. The Treasury and Bank of England were still in favour of

33852-484: Was the firstborn and was followed by two more children – Margaret Neville Keynes in 1885 and Geoffrey Keynes in 1887. Geoffrey became a surgeon and Margaret married the Nobel Prize-winning physiologist Archibald Hill . According to the economic historian and biographer Robert Skidelsky , Keynes's parents were loving and attentive. They attended a Congregational Church and remained in

34038-424: Was top of his class and excelling at mathematics. In 1896, St Faith's headmaster, Ralph Goodchild, wrote that Keynes was "head and shoulders above all the other boys in the school" and was confident that Keynes could get a scholarship to Eton. In 1897, Keynes won a King's Scholarship to Eton College , where he displayed talent in a wide range of subjects, particularly mathematics, classics and history: in 1901, he

34224-448: Was widely admired, as was Richard Eyre 's 1994 staging of La traviata , conducted by Solti and propelling Angela Gheorghiu to stardom. For some time, purely musical considerations were overshadowed by practical and managerial crises at the Royal Opera House. Sir John Tooley retired as general director in 1988, and his post was given to the television executive Jeremy Isaacs . Tooley later forsook his customary reticence and pronounced

34410-407: Was widely blamed for the poor public relations arising from the 1996 BBC television series The House , in which cameras were permitted to film the day-to-day backstage life of the opera and ballet companies and the running of the theatre. The Daily Telegraph commented, "For years, the Opera House was a byword for mismanagement and chaos. Its innermost workings were exposed to public ridicule by

34596-547: Was willing to consider an opera company with no leading international stars. Webster appointed a little-known Austrian, Karl Rankl , to the post. Before the war, Rankl had acquired considerable experience in charge of opera companies in Germany, Austria and Czechoslovakia. He accepted Webster's invitation to assemble and train the principals and chorus of a new opera company, alongside a permanent orchestra that would play in both operas and ballets. The new company made its debut in

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