In March 2008 the artist Michael Stevenson self-published a slender document entitled Fables to accompany his project Lender of Last Resort at the Kroller-Muller Museum in the Netherlands. It was a series of some nine texts in fable form, and each suggested further allegorical readings on a tableau the artist assembled in the museum. All were co-written by Stevenson and the art critic Jan Verwoert. The project itself was developed around the notion of the bilateral loan contract, both in the financial sense, but also regarding the museological. The publication was only available in the space itself and has long since been out of print... Animal Spirits: Fables in the Parlance of Our Times is an artist's book by Michael Stevenson and Jan Verwoert which expands upon the themes of this earlier document and re-examines them more specifically in the light of our current times. It is based on a collaborative process, a process that resembles a game. Stevenson and Verwoert developed a working method in which plot structure remained open, a kind of partial exquisite corpse, i.e. text fragments passed back and forth without prior discussion as to any through line. These stories were co-illustrated in a similar way by the artist and Margaret Stevenson, his mother--the moral guide; the results were then made into a publication by Christoph Keller. A page at the end of the book announces the contributors thus: artist, mother, critic, and spirit maker. The stories themselves take classic fable form and so most are concerned with arrangements between two parties or what could be called informal bilateral contracts. Galvanized and translated within parallel realities they produce a world in which the Beginning of the World has a voice and dares to question the might of the Bull. A world where the Shareholder sips wine at the dinner table with the Jackal, and the Lion, in a crisis, calls on his Hairdresser for council in matters of sovereign security. 'Haircuts ...Severe haircuts!' The publication is part of the series of artists' projects edited by Christoph Keller and has been supported by Creative New Zealand"--Publisher's website.