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
L.A. Moments
On my way home from work on Thursday, I was driving down Sunset Blvd. In the mornings, groggy and unobservant, I will take any old route to work as I focus mostly on getting there on time and the cup of coffee I will consume once I arrive. In the afternoons I am antsy and Sunset Blvd. provides the distractions necessary to take my mind off the ridiculous amount of time that it takes me to get home. While Los Angeles traffic is generally a constant in my mind, the entertainment provided by the prostitutes (trans-sexual and otherwise), the idle rich, and the ambulant insane are the variables that keep me from glazing over entirely. So it came to be on Thursday afternoon that I was amused, but not the least bit shocked as I watched a time-worn scene unfold as I waited at a red light at the intersection of Sunset and Highland. In front of me an over-tan gentleman in a silver BMW convertible leaned aggresively towards the healthful blonde who was sitting on a bench waiting for the bus. I was listening to my Steely Dan Greatest Hits tape, and the AC was turned all the way up. The blonde's uncomplicated smiles and nods were reflected in the Beamer guy's wraparound sunglasses, and in some part of my brain I was repeating over and over again, "please don't get in the car. Please don't get in the car." With a shrug and a smile she bounded over and jumped in, and the creepy guy recoiled back into his seat, launching into what I have no doubt was a volley of self-aggrandizing small talk. The light turned green, and we were driving. The anticlimax to this story is best heard now: he dropped her off about four miles down Sunset, at Western Ave unmolested, as far as I could tell. I know because I followed them, out of both morbid curiousity and my wierd protective nature that crops up from time to time. Plus, it was on my way home. In L.A. it seems, it is not hard to stumble upon these representative set pieces grown cliched with overuse, since everyone is an actor, professional or otherwise. In this one, which has multiple showings each day, set in the dusty, smoggy, sunny backdrop we have two characters: the not unattractive but entirely guileless leading lady who has only just arrived in the city via Greyhound in order to give chase to one dream or another meets the older, moneyed man whose false and condescending smile has from overuse etched wrinkles into his leathery face. He quickly becomes the chameleon and embodies the qualities of the dream she has been chasing. Only many years later will she realize that this dream could not have been pursued any other way. What seems like Hollywood magic when you gaze upon it from afar is really just the collective false solicitude of thousands of these men in wraparound sunglasses.When I pulled into my driveway in what is unaccountably considered a bad neighborhood, I looked skyward to see five helicopters overhead, hanging like spiders from silk. Since this constituted about four more helicopters than usual, it could mean only one thing: police chase in progress. I lack even basic cable, and this ensures that if there is a police chase going on in Los Angeles I will be watching it. If the chase happens to coincide fortuitously with one of the local news broadcasts, it will be shown on all of the channels, each from a different angle and with different commentary. I settled into channel four whose newscasters tried on their best shocked and dismayed act as they conducted off the cuff interviews with a police expert and a psychologist and tried their best to delve into the criminal mind who was giving chase (in this case it was a burly man in a florist van who had been approached by an undercover cop who seemed to think that the burly man had turned his florist van into a "motel on wheels" and all that that entails. The burly man then attempted to run over the undercover cop with his "motel on wheels," and the chase was on). The fact that the chase was occurring in my neighborhood was an added bonus, and each time the florist van barrelled down a nearby street the noise of the sirens and the droaning helicopters mingled with the sirens and the droaning helicopters on TV. For a while I laid on my couch, unguiltily entertained by all this (I have lived here for three years; I'm way past that). Then, just in time for the end of the local news broadcast, the chase reached its frothy climax. The florist van veered onto the sidewalk at the MacArthur Park subway station and the burly man got out and started sprinting down Alvarado. You could see the point at which he lost his delusions of escape (they replayed this moment on TV several times as though it were a game ending touchdown). He slowed to shambling jog, shoulders slackened, waiting for the rush of officers who were closing fast. And then it came and in an instant he was at the bottom of pile of cops.LA is well-known for it's cliches. After a while though, you begin to detect the vast complexity that underlies it all. Then, after another while, the complexity is all you can see. They key is to focus on the nuances and not the cliches themselves. The dominance of the Los Angeles cliches has given the city a reputation that is at odds with reality. One outcome of this is the perception of L.A. as a city lacking literature. This is, of course, a gross understatement. Over the past century, L.A. has produced a great number of writers. A new collection of criticism seeks to address misconceptions while discussing LA literature as it stands now. It's called The Misread City. Here is an excerpt.JulavitsOn Saturday night I attended a reading at another bookstore by young author and Believer co-editor Heidi Julavits. She read a passage from her new novel The Effect of Living Backwards. The novel takes place on a plane that is being hijacked, and makes use of copious flashbacks and flash-forwards to fill out the story. The nine pages she read were clever and engaging. During the question and answer period, she told us that she had been aided in the writing of such a claustrophobic book by two books that took on that same challenge. In the The Verificationist by Donald Antrim the narrator is enveloped in the bear hug of a colleague for the duration of the novel. The Woman Who Escaped from Shame by Toby Olson is a many layered frame story that centers on a porn ring and miniature white ceramic horses. Julavits also offered the two writers she felt most influenced by in general, Philip Roth and Joy Williams. The next day Julavits came into my bookstore and we had a nice conversation about The Believer and its astounding level of popularity.
The Best of 2004 Begins
Among the first to announce their lists of best books of the year is the CS Monitor, which delivers a solid but unsurprising batch of books. Here's fiction and here's nonfiction. Am I just out of the loop or was this year's crop generally lacking in books by exciting, young authors? Was 2004 the year of the old reliable?
Bookfinding
Today I happened to walk by one of those thrift stores connected to a hospital, and, thinking they might have a couple of shelves of books, I decided to stop in. I'm glad I did. The books were way in the back in this weird garage-like annex, and the room smelled pretty bad. This made browsing unpleasant, but I had a theory that the odor might have kept prospective shoppers out - more books for me. The store was also right on with their pricing: 50 cents for paperbacks and a dollar for hardcovers, which, in my opinion, should be the standard pricing scheme if the customer has to sift through messy, disorganized shelves. The selection turned out to be pretty great, and I had to restrict myself to only the best books I could find - books that I was surprised enough to see on the shelves that I felt passing them up would be criminal, so I ended up leaving a lot of pretty good stuff behind. If I had bought everything I wanted, I would have had a hard time getting home on the el, and furthermore, empty bookshelf space is somewhat scarce in my apartment these days. So it was only the cream of the crop for me.I grabbed three hardcovers: The Biggest Game in Town by A. Alvarez. I was working at the bookstore when the poker craze started getting pretty big, and this classic from 1983 was one of the books we recommended to people wanting to read up on the game. I also found a copy of Philip Roth's American Pastoral, which I've been told is one of his best. And I was delighted to spot baseball guru Bill James' out of print treatise on the Hall of Fame, Politics of Glory. I also snagged a pocket paperback edition of John Barth's Giles Goat-Boy. All in all, a pretty good haul.
More New Books
T.C. Boyle's new book, The Inner Circle is out and the reviews are starting to appear. Here's one from Newsday. There's also an excerpt available at Boyle's newly redesigned website.Michiko Kakutani likes the Gish Jen novel The Love Wife. Here's an excerpt so you can see what all the fuss is about.And to continue from my last post about Art Spiegelman, The Village Voice also published a review of his new book. Also mentioned in that review is New Yorker architecture critic Paul Goldberger's new book, Up from Zero, about deciding the fate of Ground Zero. Here's an excerpt from the book.
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Students Pay to Do Publishing Industry Grunt Work
Recently perusing the course offerings for Temple University's continuing education program here in Philadelphia, Season Evans uncovered what has to be one of the more unsavory market research strategies ever employed by the publishing companies. A course titled (and misspelled) "A Sneak Peak at Next Year's Bestsellers," is described as follows:Every fall publishers introduce and promote a new crop of novels, books they hope are future bestsellers. This unprecedented course is your chance to get a sneak preview of five forthcoming novels from major publishers. You will read special advance copies of the books and then, as a class, critique each book and predict what readers and critics will say when the books are actually published. Contributing publishers will include: W.W. Norton, Knopf, Random House and others to be determined.Though it's not explicitly stated that the students' output will be delivered to the publishers, it seems likely that the publishers would only participate if this were the case. As Season points out, this would mean that students will be paying the publishers to do market research for them under the guise of learning. The course is taught by Lynn Rosen, "a publishing consultant with twenty-plus years of experience in the book industry as an editor and literary agent," though its not clear if the concept for this course came from her.Some questions I have: do other people out there agree that this sounds unsavory? I think it is, though I'm having trouble articulating exactly why (beyond the fact that students will be paying for this "privilege.") Also, is anyone aware of this practice going on elsewhere? Is it commonplace, or is this Temple course an anomaly?
The Brian Show
The screws are tightening as the holiday season draws near, and though all I want to do is post on this blog, there is just so much to get done before I head back home for the holidays. Luckily, head Millions correspondent, Brian, has supplied me with a wealth of material over the past couple of days, from which I will borrow liberally and/or quote verbatim.I was at the book store yesterday, and I saw that Brian had placed this book on display with a little card reading. "Has a book ever become so obsolete, so quickly," which, along with this news story about bearded Saddam dolls, is proof that the American news-based satire business is as fast-paced as the news itself... I'll just have to add those items to my cache of "most wanted" decks of cards (which come in original [Iraqis], retaliatory [Republicans], and counter-retaliatory [Democrats]), Enron spoofs, and hilarious um... other Enron humor. Seriously, though, there are literally hundreds of books like these: super-topical, amusing books that are rushed to market while the story is still hot in the hope that it will drag on long enough to bring in a nice profit before the books become obsolete, relics of the churning news cycle.Brian also sent me links to a couple of interesting book-related news stories: "This link is to Harold Bloom's review of the new Don Quixote - Bloom considers it the greatest novel ever written. Note: the review is an edited extract from Bloom's introduction, so those that have the book... skip it -- Bloom does mention that he believes [Edith] Grossman's translation to be amongst the finest of the past 500 years." Another story from across the pond: "An interesting article using Vernon God Little (this year's Booker Prize winner) as the jumping off point to explain why the Booker Prize is irrelevant crap!"
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