I caught a few minutes of Fresh Air on NPR while I was out running a quick errand today. Terri Gross was interviewing David Denby, the New Yorker film critic who has a new book out. The book is called American Sucker and it is a memoir of the boom years. In 2000 Denby and his wife split, and he decided that he wanted to keep the Upper West Side apartment that had been their home for many years. In order to do this, Denby hatched a plan to buy out his wife’s share of the apartment. Lacking the funds to make the apartment his and cast adrift by the collapse of his marriage, Denby threw himself wholeheartedly into the mania of the stock market boom with the hopes that he, like so many others seemed to be doing, could hit it big. It would be the solution to all of his problems. A sort of addiction to his quest set in and American Sucker was the result. Today, Terri Gross, in her way, was trying to get him to relate his experience to some classic gambling films, Denby being a film critic and all. Denby, however, begged off and mentioned two interesting books that he feels are most analogous to the way he felt during his ordeal. Dostoevsky’s The Gambler and a somewhat forgotten Victorian classic by Anthony Trollope, The Way We Live Now, to Denby’s mind, best portray a sense of monetary desperation in the midst of a boom. I’m hoping that over the next few years there will be more books that look at the boom of the late nineties through a literary lens. It was a strange and fascinating time. Denby’s colleague at the New Yorker, James Surowiecki has penned a less personal book about business and money called The Wisdom of Crowds which is slated to come out at the end of May. A quick look reveals that Surowiecki has put together a readable tome meant to illustrate a principle that many economists hold dear: the idea that decisions can be made, problems can be solved, and the future can be predicted by the market. Imagine the Nasdaq but replace companies with possible outcomes. At the end of the day the outcome that is trading at the highest level is probably the correct answer to whatever problem was trying to be solved. Using markets you can, as Surowiecki terms it, unlock the “wisdom of crowds.” Last summer there was much public outcry when it was announced that one of our government agencies was considering setting a market that was meant to predict future terrorist attacks. The idea of people profiting off of this sort of speculation was abhorrent to many people and the plans were shelved, but, in The Wisdom of Crowds, Surowiecki will likely argue that the plan would have worked.
Books of the Boom
The label
I have another gig besides my day job. Myself and my old friend, Derek Teslik, have started a record label, Realistic Records. Our first release will be a full length vinyl LP by The Recoys, the former band of currents members of The Walkmen and The French Kicks. It’s a great album with a great album cover. I can’t wait to own it. There’s word of a reunion show as well.
Guest appearances at the LBC blog
With recent postings devoted to the second Litblog Co-op pick, Steve Stern’s Angel of Forgetfulness, the LBC Blog is living up to its promise. This weekend, Stern’s editor Paul Slovak posted his comments about the book and also delved into details about some of the other writers he works with including T.C. Boyle and William T. Vollmann. Also making a guest appearance was Stern himself, who responded to the dialogue about his book that Derik and Dan had going last week.
Staying Sane: A Year in Reading (Part 9)
I was in search of something light after Libra and turned to Henry Miller’s Under the Roofs of Paris. Miller wrote this piece for spare money after his return from Paris by submitting 5-10 pages at a time. He got paid $1 for each page and submitted them to a Mr. xxxx who ran a bookstore in LA. One day he dropped off 10 pages and let Mr. xxxx know that this was it, the novel was complete. The catch is that Mr. xxxx also carried nude pictures and pornographic literature at the back of his store. I don’t know if you already guessed but Miller was writing for the illicit part of the store, hence Under The Roofs of Paris is pure pornography, and well, it is sick. I enjoyed the book immensely, mostly because it left me gaping at the obscenity Miller put into words: incest relationships, black masses at the French countryside, tricking prudent American women into orgies, and teenager whores are just the beginning in this 126 page book. There is a very loose plot that revolves around sex and I would suggest that you do not approach Under The Roofs of Paris unless you are already perverted or have a desire to be.To snap out of the ludicrous state of mind Miller put me in, I turned to Alvaro Mutis’ The Adventures and Misadventures of Maqroll, which I had been meaning to read for a second time since November ’03. [Emre’s piece on Maqroll previously appeared here.]After Maqroll I could not bring myself to start a new novel and turned to Jorge Luis Borges’ Collected Fictions. I had kept my brother John Leahy’s present at my bedside table for most of the year but the period immediately after Maqroll is when I turned my full attention to Borges’ labyrinths and tried to decipher them. I must admit that I feel very illiterate while reading Borges and have quite a difficult time connecting certain dots in his stories, mostly because of all the literary references that I cannot catch. Still, I enjoy Borges’ stories a lot and value his old-school language, use of fairy/folk tale language, and matter-of-fact style. He drops gems such as “One man’s dream is part of all men’s memory” in each story, which I believe Maqroll would value greatly and inscribe on the walls of the restroom corridor at The Snow of the Admiral. Collected Fictions is best read in a coffee shop, Lucy’s, or in bed, accompanied by black coffee, vodka, or water.Previously: Part 1, 2, 3, 4, 5, 6, 7, 8
Kate Atkinson to visit the Litblog Co-op blog
Mark your calendars. As promised (many months ago) Kate Atkinson, author of the inaugural Litblog Co-op selection, Case Histories, will be stopping by the LBC blog to discuss the book with readers. If you got a chance to read the book – or if you just want to see what all the fuss is about – be sure to visit the blog on Monday, August 29th.
Phasing Out
There’s a good reason for me to be sitting in my pjs at my desk at 9 o’clock in the morning on a Thursday, which is this: I am cutting back to 3 days a week at the bookstore. I already mentioned this in one of the comment things, and Aeri and I had an intersting little conversation about it. There are many complicated reasons for me to be phasing myself at out the bookstore. I have many things going on in my life that require more of my time than I have to offer, not to mention the fact that I need more time to write and be creative and figure out what to do with myself. For the various misguided twenty-somethings out there, this must sound familiar. I probably wouldn’t afford myself this luxury of changing jobs if it weren’t for the peanuts they pay me at the book store. When I look at my paycheck, I realize that my time could be better and more economically spent doing something else, even not working, so long as the not working is productive. So here I am in my pjs going slowly broke. No matter how sick of the bookstore I am though, I can’t get around the fact that this job changed my life. It made me realize that I was a book lover who didn’t really know anything about books. Now, after nearly two years I am aware of the full breadth of what is out there, and it is a magnificent thing to be cognizant of. When I told Aeri about this phasing out, she expressed some dismay that I would fall out of the book loop. This is something I have thought about too, but I have come to realize that being aware of books is not contigent on my working at a book store. It is a skill that I have acquired, it is knowledge that I have stowed away. I’d rather step into a different realm of the literary world now that I have this greater awareness of it. So basically I need a new job, and isn’t it annoying that Craigslist has the only online job postings that are worth a damn, and even those are suspect? So if anyone has any tips on job hunting, or better yet any jobs for me let me know. I especially would like to do more freelance writing; I would like to get paid to do research; I would like to tutor kids; I would like to do something literature/publishing related; I would like to do anything interesting that isn’t soul-crushing (Lord knows I have had plenty of those gigs); most of all I’d like to be able to pay my rent. So, thanks for listening guys. More books soon, I promise.