I haven’t mentioned any art or photography books on The Millions in a while, but the other day a book caught my eye that I thought was worth mentioning. New York Underground: The Anatomy Of A City by Julia Solis is a collection of photographs taken in the myriad of passageways and tunnels that make up New York’s unnamed subterranean sister city. You can have a look at some of the pictures here. If you’re still interested after looking at those, snoop around Dark Passages, where you’ll find lots more photos of New York’s creepy, forgotten places.
Those of you who've read this blog for a while know that during the summer I tend to pen the occasional post about baseball. Feel free to skip them if you like, but I just can't help myself. Now, on with it. In Chicago, I'm finding that the start of baseball season seems to awaken a collective joy across the city. Riding the El on Friday, I was startled by the conductor's gleeful announcement that the slowness of our train was due to the Cubs home opener. I also learned that the Cubs typically eschew night games at Wrigley Field because, essentially, night games would wake up the neighbors. Most modern stadiums are surrounded by moats of asphalt, but ancient Wrigley is nestled into a city block and surrounded by rowhouses and city traffic and streets lined with bars and diners. Driving north on Clark Street, the stadium explodes into view, surrounded on game day by throngs of fans. A whole section of the city turns into a clamoring carnival of baseball ferment. And then, a few blocks beyond, one returns to quiet streets lined with leafy trees and brick three flats. In the past few days I have noted the pleasure with which the Cubs fan declares that the season has returned. In my experience, they don't talk about the team's chances this year or the strength of the bullpen or anything pulled from the sports pages, they talk about how it feels to have baseball back. They tell me that it's so great to see people drinking beer in Cubs gear on their front porches and shouting "hey" to fans walking to the game. But mostly they sort of cock their heads back so as to gather in some springtime sun, still new enough to be a novelty. In Chicago, baseball doesn't just mean baseball, it means that the gloomy, icy, sunless winter is over. No more trudging through the ankle-deep snow in the pre-dawn darkness to the El, and no more returning by the same route - stepping in the same holes my feet made that morning - in darkness to a home whose clanging radiators provide a cozy warmth, which, over time, simply seems to be the temperature they have set for your prison cell. But, if you see Cubs fans marching through Wrigleyville, all that can be put to rest and forgotten until October, a whole baseball season away from now. There are some grizzled Chicago vets who insist to me that we're not out of the woods yet, that April chills and snows are not unheard of, but I ignore them because, well, baseball is here!(I should note that my already considerable happiness at the return of baseball season has been further enhanced by the book I'm reading right now, a collection of baseball writing by the incomparable Roger Angell called Game Time : A Baseball Companion)
Gather.com, the folks who put together a chat with Jonathan Safran Foer not too long ago, have announced a new writing contest. Online writing contests are a dime a dozen, but the cool thing about this one is that the four winning short pieces (fiction or non-fiction) will be "published and sold on Amazon Shorts," which would undoubtedly be a terrific venue for any aspiring writer. In fact, it's along the lines of what I hoped Amazon would do with its Shorts program.
I heard from folks in Iowa about the visit by Jim Shepard for his "audition" for the Director spot. Shepard's sense of humor apparently sat well with students who appreciated the levity injected into the mock workshop that Shepard conducted. The mock workshop wasn't all funny stuff, though, and students were impressed with the thoroughness that Shepard brought to the discussion of the stories that were critiqued. The reading also went over well. Sheppard read a little from his novel Project X and a little from his collection of stories Love and Hydrogen. The reading was entertaining but also brief - by all accounts a plus for MFA candidates who doubtless sit through more and longer readings than almost anyone. For his craft talk, Shepard discussed Denis Johnson's story "Emergency." I'm told that Shepard's visit was the most well-received so far, but there are also rumors going around that Shepard has reservations about taking the job, which he touched upon in this article from the Des Moines Register. Next up: final candidate, Ben Marcus.Previously: Richard Bausch, Lan Samantha Chang
Every so often in a reader's life, he stumbles upon two books that complement each other like red meat and red wine. Such a happy accident befell me last month, when I happened to read Michael Lewis' Liar's Poker hard on the heels of Thomas Frank's One Market Under God.The Frank book, an evisceration of the free-market discourse and management culture of the 90s, was a fine read on its own: funny, incisive, and angry. And yet, in its argumentation, it at first struck me as inferior to Frank's more recent What's the Matter With Kansas? Like Lewis Lapham, who published excerpts from both books in Harper's, Frank has a tendency to preach to the choir. This often doesn't bother me; I sit right in the middle of that choir. When Frank demonstrates the tension between a free market and economic democracy, I say "Amen." When he decries the commodification of the counterculture, I shout "Hallelujah."When Frank gets down to naming names, however, I get uneasy. One Market Under God does not hesitate to lay the sorry state of the world at the feet of specific, individual evildoers, and I, raised to try to see the best in people, prefer to blame systemic ills. And so I'm not sure if Frank's depiction of scheming, iniquitous fat cats is a workable belief or a bit of populist wishful thinking.Or I wasn't sure, until I picked up Liar's Poker. Here Michael Lewis, himself a former stockbroker, takes us inside Salomon Brothers, the investment bank where he worked in the rip-roaring 80s. Lewis establishes his centrist credentials early and often, and generally eschews editorializing. It is especially appalling, then, (if weirdly engrossing) to discover that Salomon Brothers is full of...scheming, iniquitous fat cats!Liar's Poker is like a nonfiction version of Oliver Stone's Wall Street (IMDb). The visionary salesmen and traders of Solomon Brothers screw the little guy at every turn, and we get to see every dirty detail. They rip off investors, lie to the public, devalue successful companies, inflate worthless ones, lay off employees, throw phones at underlings, grope secretaries, consume conspicuously, and generally turn themselves into caricatures of the worst kind of capitalist exploitation. The free-market they promote is, in fact, far from free.In an ideal marketplace, knowledge is symmetrical. The vulgar version: buyer and seller are in possession of the same set of facts, and prices reach equilibrium according to the law of supply and demand. This is why there are laws against rolling back odometers, and against making false claims in advertisements. But investment banks, as Lewis portrays them, rely on the market's inefficiency at distributing information - its tendency to allow those most heavily invested in a market to control the flow of knowledge within and about that market - to buy below fair-market value, and to sell well above it.Of course, we are assured, such excesses have since been curbed by regulation. (This is part of the 90s market populism analyzed in One Market Under God, wherein Wall Street is brought to heel by Main Street.) Insider trading laws are now stringent, we are told; firewalls have arisen between the trading floors where commodities are sold and the equity departments where they are underwritten. But Wall Street is still raking it in, while Main Street drifts and eddies on stagnant wages.Perhaps the current investment bank bonanza is merely the financial industry's reward for its own newfound virtuousness. Still, the next time you hear an I-banker lamenting the regulatory climate, or claiming that Sarbanes-Oxley is driving all the moneymen to London, ask him what kind of bonus he got last year, and whether he's still living in New York. Then tell him you've got a bridge you're looking to sell...See also: Max's review of Liar's Poker
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