The physical properties of Reissner-Nordstrom black holes in (n + 1)-dimens
ional anti-de Sitter spacetime are related, by a holographic map, to the ph
ysics of a class of n-dimensional field theories coupled to a background gl
obal current. Motivated by that fact, and the recent observations of the st
riking similarity between the thermodynamic phase structure of these black
holes tin the canonical ensemble) and that of the van der Waals-Maxwell liq
uid-gas system, we explore the physics in more detail. We study fluctuation
s and stability within the equilibrium thermodynamics, examining the specif
ic heats and electrical permittivity of the holes, and consider the analogu
e of the Clayperon equation at the phase boundaries. Consequently, we refin
e the phase diagrams in the canonical and grand canonical ensembles. We stu
dy the interesting physics in the neighborhood of the critical point in the
canonical ensemble. There is a second order phase transition found there,
and that region is characterized by a Landau-Ginzburg model with A(3) poten
tial. The holographically dual field theories provide the description of th
e microscopic degrees of freedom which underlie all of the thermodynamics,
as can be seen by examining the form of the microscopic fluctuations. [S055
6-2821(99)06820-4].