Fear and Loathing: On the Campaign Trail '72

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The Great Fall 2024 Book Preview

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With the arrival of autumn comes a deluge of great books. Here you'll find a sampling of new and forthcoming titles that caught our eye here at The Millions, and that we think might catch yours, too. Some we’ve already perused in galley form; others we’re eager to devour based on their authors, plots, or subject matters. We hope your next fall read is among them. —Sophia Stewart, editor October Season of the Swamp by Yuri Herrera, tr. Lisa Dillman [F] What it is: An epic, speculative account of the 18 months that Benito Juárez spent in New Orleans in 1853-54, years before he became the first and only Indigenous president of Mexico. Who it's for: Fans of speculative history; readers who appreciate the magic that swirls around any novel set in New Orleans. —Claire Kirch The Black Utopians by Aaron Robertson [NF] What it is: An exploration of Black Americans' pursuit and visions of utopia—both ideological and physical—that spans  the Reconstruction era to the present day and combines history, memoir, and reportage. Who it's for: Fans of Saidiya Hartman's Wayward Lives, Beautiful Experiments and Kristen R. Ghodsee's Everyday Utopia. —Sophia M. Stewart The Third Realm by Karl Ove Knausgaard, tr. Martin Aitken [F] What it is: The third installment in Knausgaard's Morning Star series, centered on the appearance of a mysterious new star in the skies above Norway. Who it's for: Real Knausgaard heads only—The Wolves of Eternity and Morning Star are required reading for this one. —SMS Brown Women Have Everything by Sayantani Dasgupta [NF] What it is: Essays on the contradictions and complexities of life as an Indian woman in America, probing everything from hair to family to the joys of travel. Who it's for: Readers of Durga Chew-Bose, Erika L. Sánchez, and Tajja Isen. —SMS The Plot Against Native America by Bill Vaughn [F] What it is: The first narrative history of Native American boarding schools— which aimed "civilize" Indigenous children by violently severing them from their culture— and their enduring, horrifying legacy. Who it's for: Readers of Ned Blackhawk and Kathleen DuVal. —SMS The Mighty Red by Louise Erdrich [F] What it is: Erdrich's latest novel set in North Dakota's Red River Valley is a tale of the intertwined lives of ordinary people striving to survive and even thrive in their rural community, despite environmental upheavals, the 2008 financial crisis, and other obstacles. Who it's for: Readers of cli-fi; fans of Linda LeGarde Grover and William Faulkner. —CK The Position of Spoons by Deborah Levy [NF] What it is: The second book from Levy in as many years, diverging from a recent streak of surrealist fiction with a collection of essays marked by exceptional observance and style. Who it's for: Close lookers and the perennially curious. —John H. Maher The Bog Wife by Kay Chronister [F] What it's about: The Haddesley family has lived on the same West Virginia bog for centuries, making a supernatural bargain with the land—a generational blood sacrifice—in order to do so—until an uncovered secret changes everything. Who it's for: Readers of Karen Russell and Jeff VanderMeer; anyone who has ever used the phrase "girl moss." —SMS The Great When by Alan Moore [F] What it's about: When an 18-year old book reseller comes across a copy of a book that shouldn’t exist, it threatens to upend not just an already post-war-torn London, but reality as we know it. Who it's for: Anyone looking for a Sherlock Holmes-style mystery dipped in thaumaturgical psychedelia. —Daniella Fishman The Message by Ta-Nehisi Coates [NF] What it's about: One of our sharpest critical thinkers on social justice returns to nonfiction, nearly a decade after Between the World and Me, visiting Dakar, to contemplate enslavement and the Middle Passage; Columbia, S.C., as a backdrop for his thoughts on Jim Crow and book bans; and the Israeli-occupied West Bank, where he sees contemporary segregation in the treatment of Palestinians. Who it’s for: Fans of James Baldwin, George Orwell, and Angela Y. Davis; readers of Nikole Hannah-Jones’s The 1619 Project and Isabel Wilkerson’s Caste, to name just a few engagements with national and racial identity. —Nathalie op de Beeck Abortion by Jessica Valenti [NF] What it is: Columnist and memoirist Valenti, who tracks pro-choice advocacy and attacks on the right to choose in her Substack, channels feminist rage into a guide for freedom of choice advocacy. Who it’s for: Readers of Robin Marty’s The New Handbook for a Post-Roe America, #ShoutYourAbortion proponents, and followers of Jennifer Baumgartner’s [I Had an Abortion] project. —NodB Gifted by Suzuki Suzumi, tr. Allison Markin Powell [F] What it's about: A young sex worker in Tokyo's red-light district muses on her life and recounts her abusive mother's final days, in what is Suzuki's first novel to be translated into English. Who it's for: Readers of Susan Boyt and Mieko Kanai; fans of moody, introspective fiction; anyone with a fraught relationship to their mother. —SMS Childish Literature by Alejandro Zambra, tr. Megan McDowell [F] What it is: A wide-ranging collection of stories, essays, and poems that explore childhood, fatherhood, and family. Who it's for: Fans of dad lit (see: Lucas Mann's Attachments, Keith Gessen's Raising Raffi, Karl Ove Knausgaard's seasons quartet, et al). —SMS Books Are Made Out of Books ed. Michael Lynn Crews [NF] What it is: A mining of the archives of the late Cormac McCarthy with a focus on the famously tight-lipped author's literary influences. Who it's for: Anyone whose commonplace book contains the words "arquebus," "cordillera," or "vinegaroon." —JHM Slaveroad by John Edgar Wideman [F] What it is: A blend of memoir, fiction, and history that charts the "slaveroad" that runs through American history, spanning the Atlantic slave trade to the criminal justice system, from the celebrated author of Brothers and Keepers. Who it's for: Fans of Clint Smith and Ta-Nehisi Coates. —SMS Linguaphile by Julie Sedivy [NF] What it's about: Linguist Sedivy reflects on a life spent loving language—its beauty, its mystery, and the essential role it plays in human existence. Who it's for: Amateur (or professional) linguists; fans of the podcast A Way with Words (me). —SMS An Image of My Name Enters America by Lucy Ives [NF] What it is: A collection of interrelated essays that connect moments from Ives's life to larger questions of history, identity, and national fantasy, Who it's for: Fans of Ives, one of our weirdest and most wondrous living writers—duh; anyone with a passing interest in My Little Pony, Cold War–era musicals, or The Three Body Problem, all of which are mined here for great effect. —SMS Women's Hotel by Daniel Lavery [F] What it is: A novel set in 1960s New York City, about the adventures of the residents of a hotel providing housing for young women that is very much evocative of the real-life legendary Barbizon Hotel. Who it's for: Readers of Mary McCarthy's The Group and Rona Jaffe's The Best of Everything. —CK The World in Books by Kenneth C. Davis [NF] What it is: A guide to 52 of the most influential works of nonfiction ever published, spanning works from Plato to Ida B. Wells, bell hooks to Barbara Ehrenreich, and Sun Tzu to Joan Didion. Who it's for: Lovers of nonfiction looking to cover their canonical bases. —SMS Blue Light Hours by Bruna Dantas Lobato [F] What it's about: Through the emanating blue-glow of their computer screens, a mother and daughter, four-thousand miles apart, find solace and loneliness in their nightly Skype chats in this heartstring-pulling debut. Who it's for: Someone who needs to be reminded to CALL YOUR MOTHER! —DF Riding Like the Wind by Iris Jamahl Dunkle [NF] What it is: The biography of Sanora Babb, a contemporary of John Steinbeck's whose field notes and interviews with Dust Bowl migrants Steinbeck relied upon to write The Grapes of Wrath. Who it's for: Steinbeck fans and haters alike; readers of Kristin Hannah's The Four Winds and the New York Times Overlooked column; anyone interested in learning more about the Dust Bowl migrants who fled to California hoping for a better life. —CK Innie Shadows by Olivia M. Coetzee [F] What it is: a work of crime fiction set on the outskirts of Cape Town, where a community marred by violence seeks justice and connection; also the first novel to be translated from Kaaps, a dialect of Afrikaans that was until recently only a spoken language. Who it's for: fans of sprawling, socioeconomically-attuned crime dramas a la The Wire. —SMS Dorothy Parker in Hollywood by Gail Crowther [NF] What it is: A history of the famous wit—and famous New Yorker—in her L.A. era, post–Algonquin Round Table and mid–Red Scare. Who it's for: Owners of a stack of hopelessly dog-eared Joan Didion paperbacks. —JHM The Myth of American Idealism by Noam Chomsky and Nathan J. Robinson [NF] What it is: A potent critique of the ideology behind America's foreign interventions and its status as a global power, and an treatise on how the nation's hubristic pursuit of "spreading democracy" threatens not only the delicate balance of global peace, but the already-declining health of our planet. Who it's for: Chomskyites; policy wonks and casual critics of American recklessness alike. —DF Mysticism by Simon Critchley [NF] What it is: A study of mysticism—defined as an experience, rather than religious practice—by the great British philosopher Critchley, who mines music, poetry, and literature along the way. Who it's for: Readers of John Gray, Jorge Luis Borges, and Simone Weil. —SMS Q&A by Adrian Tomine [NF] What it is: The Japanese American creator of the Optic Nerve comic book series for D&Q, and of many a New Yorker cover, shares his personal history and his creative process in this illustrated unburdening. Who it’s for: Readers of Tomine’s melancholic, sometimes cringey, and occasionally brutal collections of comics short stories including Summer Blonde, Shortcomings, and Killing and Dying. —NodB Sonny Boy by Al Pacino [NF] What it is: Al Pacino's memoir—end of description. Who it's for: Cinephiles; anyone curious how he's gonna spin fumbling Diane Keaton. —SMS Seeing Baya by Alice Kaplan [NF] What it is: The first biography of the enigmatic and largely-forgotten Algerian artist Baya Mahieddine, who first enchanted midcentury Paris as a teenager. Who it's for: Admirers of Leonora Carrington, Hilma af Klint, Frida Kahlo, and other belatedly-celebrated women painters. —SMS Absolution by Jeff VanderMeer [F] What it is: A surprise return to the Area X, the stretch of unforbidding and uncanny coastline in the hit Southern Reach trilogy. Who it's for: Anyone who's heard this song and got the reference without Googling it. —JHM The Four Horsemen by Nick Curtola [NF] What it is: The much-anticipated cookbook from the team behind Brooklyn's hottest restaurant (which also happens to be co-owned by James Murphy of LCD Soundsystem). Who it's for: Oenophiles; thirty-somethings who live in north Williamsburg (derogatory). —SMS Seeing Further by Esther Kinsky, tr. Caroline Schmidt [F] What it's about: An unnamed German woman embarks on the colossal task of reviving a cinema in a small Hungarian village. Who it's for: Fans of Jenny Erpenbeck; anyone charmed by Cinema Paradiso (not derogatory!). —SMS Ripcord by Nate Lippens [NF] What it's about: A novel of class, sex, friendship, and queer intimacy, written in delicious prose and narrated by a gay man adrift in Milwaukee. Who it's for: Fans of Brontez Purnell, Garth Greenwell, Alexander Chee, and Wayne Koestenbaum. —SMS The Use of Photography by Annie Ernaux and Marc Marie, tr. Alison L. Strayer [NF] What it's about: Ernaux's love affair with Marie, a journalist, while she was undergoing treatment for cancer, and their joint project to document their romance. Who it's for: The Ernaux hive, obviously; readers of Sontag's On Photography and Janet Malcolm's Still Pictures. —SMS Nora Ephron at the Movies by Ilana Kaplan [NF] What it is: Kaplan revisits Nora Ephron's cinematic watersheds—Silkwood, Heartburn, When Harry Met Sally, You've Got Mail, and Sleepless in Seattle—in this illustrated book. Have these iconic stories, and Ephron’s humor, weathered more than 40 years? Who it’s for: Film history buffs who don’t mind a heteronormative HEA; listeners of the Hot and Bothered podcast; your coastal grandma. —NodB [millions_email] The Philosophy of Translation by Damion Searls [NF] What it is: A meditation on the act and art of translation by one of today's most acclaimed practitioners, best known for his translations of Fosse, Proust, et al. Who it's for: Regular readers of Words Without Borders and Asymptote; professional and amateur literary translators alike. —SMS Salvage by Dionne Brand  What it is: A penetrating reevaluation of the British literary canon and the tropes once shaped Brand's reading life and sense of self—and Brand’s first major work of nonfiction since her landmark A Map to the Door of No Return. Who it's for: Readers of Christina Sharpe's Ordinary Notes and Elizabeth Hardwick's Seduction and Betrayal. —SMS Masquerade by Mike Fu [F] What it's about: Housesitting for an artist friend in present-day New York, Meadow Liu stumbles on a novel whose author shares his name—the first of many strange, haunting happenings that lead up to the mysterious disappearance of Meadow's friend. Who it's for: fans of Ed Park and Alexander Chee. —SMS November The Beggar Student by Osamu Dazai, tr. Sam Bett [F] What it is: A novella in the moody vein of Dazai’s acclaimed No Longer Human, following the 30-something “fictional” Dazai into another misadventure spawned from a hubristic spat with a high schooler. Who it's for: Longtime readers of Dazai, or new fans who discovered the midcentury Japanese novelist via TikTok and the Bungo Stray Dogs anime. —DF In Thrall by Jane DeLynn [F] What it is: A landmark lesbian bildungsroman about 16-year-old Lynn's love affair with her English teacher, originally published in 1982. Who it's for: Fans of Joanna Russ's On Strike Against God and Edmund White's A Boy's Own Story —SMS Washita Love Child by Douglas Kent Miller [NF] What it is: The story of Jesse Ed Davis, the Indigenous musician who became on of the most sought after guitarists of the late '60s and '70s, playing alongside B.B. King, Bob Dylan, John Lennon, and more. Who it's for: readers of music history and/or Indigenous history; fans of Joy Harjo, who wrote the foreword. —SMS Set My Heart on Fire by Izumi Suzuki, tr. Helen O'Horan [F] What it is: Gritty, sexy, and wholly rock ’n’ roll, Suzuki’s first novel translated into English (following her story collection, Hit Parade of Tears) follows 20-year-old Izumi navigating life, love, and music in the underground scene in '70s Japan. Who it's for: Fans of Meiko Kawakami, Ursula K. Le Guin, and Marlowe Granados's Happy Hour. —DF Didion & Babitz by Lili Anolik [NF] What it is: A dual portrait of Joan Didion and Eve Babitz, who are so often compared to—and pitted against—each other on the basis of their mutual Los Angeles milieu. Who it's for: Fans or haters of either writer (the book is fairly pro-Babitz, often at Didion's expense); anyone who has the Lit Hub Didion tote bag. —SMS The Endless Refrain by David Rowell [NF] What it's about: How the rise of music streaming, demonitizing of artist revenue, and industry tendency toward nostalgia have laid waste to the musical landscape, and the future of music culture. Who it's for: Fans of Kyle Chayka, Spence Kornhaber, and Lindsay Zoladz. —SMS Every Arc Bends Its Radian by Sergio De La Pava [F] What it is: A mind- and genre-bending detective story set in Cali, Colombia, that blends high-stakes suspense with rigorous philosophy. Who it's for: Readers of Raymond Chandler, Thomas Pynchon, and Jules Verne. —SMS Something Close to Nothing by Tom Pyun [F] What it’s about: At the airport with his white husband Jared, awaiting a flight to Cambodia to meet the surrogate mother carrying their adoptive child-to-be, Korean American Wynn decides parenthood isn't for him, and bad behavior ensues. Who it’s for: Pyun’s debut is calculated to cut through saccharine depictions of queer parenthood—could pair well with Torrey Peters’s Detransition, Baby. —NodB Rosenfeld by Maya Kessler [F] What it is: Kessler's debut—rated R for Rosenfeld—follows one Noa Simmons through the tumultuous and ultimately profound power play that is courting (and having a lot of sex with) the titular older man who soon becomes her boss. Who it's for: Fans of Sex and the City, Raven Leilani’s Luster, and Coco Mellor’s Cleopatra and Frankenstein. —DF Lazarus Man by Richard Price [F] What it is: The former The Wire writer offers yet another astute chronicle of urban life, this time of an ever-changing Harlem. Who it's for: Fans of Colson Whitehead's Crook Manifesto and Paul Murray's The Bee Sting—and, of course, The Wire. —SMS Stranger Than Fiction by Edwin Frank [NF] What it is: An astute curveball of a read on the development and many manifestations of the novel throughout the tumultuous 20th century. Who it's for: Readers who look at a book's colophon before its title. —JHM Letters to His Neighbor by Marcel Proust, tr. Lydia Davis What it is: A collection of Proust’s tormented—and frequently hilarious—letters to his noisy neighbor which, in a diligent translation from Davis, stand the test of time. Who it's for: Proust lovers; people who live below heavy-steppers. —DF Context Collapse by Ryan Ruby [NF] What it is: A self-proclaimed "poem containing a history of poetry," from ancient Greece to the Iowa Workshop, from your favorite literary critic's favorite literary critic. Who it's for: Anyone who read and admired Ruby's titanic 2022 essay on The Waste Land; lovers of poetry looking for a challenge. —SMS How Sondheim Can Change Your Life by Richard Schoch [NF] What it's about: Drama professor Schoch's tribute to Stephen Sondheim and the life lessons to be gleaned from his music. Who it's for: Sondheim heads, former theater kids, end of list. —SMS The Serviceberry by Robin Wall Kimmerer [NF] What it is: 2022 MacArthur fellow and botanist Kimmerer, an enrolled member of the Citizen Potawatomi Nation, (re)introduces audiences to a flowering, fruiting native plant beloved of foragers and gardeners. Who it’s for: The restoration ecologist in your life, along with anyone who loved Braiding Sweetgrass and needs a nature-themed holiday gift. —NodB My Heart Belongs in an Empty Big Mac Container Buried Beneath the Ocean Floor by Homeless [F] What it is: A pseudonymous, tenderly comic novel of blue whales and Golden Arches, mental illness and recovery. Who it's for: Anyone who finds Thomas Pynchon a bit too staid. —JHM Yoke and Feather by Jessie van Eerden [NF] What it's about: Van Eerden's braided essays explore the "everyday sacred" to tease out connections between ancient myth and contemporary life. Who it's for: Readers of Courtney Zoffness's Spilt Milk and Jeanna Kadlec's Heretic. —SMS Camp Jeff by Tova Reich [F] What it's about: A "reeducation" center for sex pests in the Catskills, founded by one Jeffery Epstein (no, not that one), where the dual phenomena of #MeToo and therapyspeak collide. Who it's for: Fans of Philip Roth and Nathan Englander; cancel culture skeptics. —SMS Selected Amazon Reviews by Kevin Killian [NF] What it is: A collection of 16 years of Killian’s funniest, wittiest, and most poetic Amazon reviews, the sheer number of which helped him earn the rarefied “Top 100” and “Hall of Fame” status on the site. Who it's for: Fans of Wayne Koestenbaum and Dodie Bellamy, who wrote introduction and afterword, respectively; people who actually leave Amazon reviews. —DF Cher by Cher [NF] What it is: The first in a two-volume memoir, telling the story of Cher's early life and ascendent career as only she can tell it. Who it's for: Anyone looking to fill the My Name Is Barbra–sized hole in their heart, or looking for something to tide them over until the Liza memoir drops. —SMS The City and Its Uncertain Walls by Haruki Murakami, tr. Philip Gabriel [F] What it is: Murakami’s first novel in over six years returns to the high-walled city from his 1985 story "Hard-Boiled Wonderland and the End of the World" with one man's search for his lost love—and, simultaneously, an ode to libraries and literature itself. Who it's for: Murakami fans who have long awaited his return to fiction.  —DF American Bulk by Emily Mester [NF] What it's about: Reflecting on what it means to "live life to the fullest," Mester explores the cultural and personal impacts of America’s culture of overconsumption, from Costco hauls to hoarding to diet culture—oh my! Who it's for: Lovers of sustainability; haters of excess; skeptics of the title essay of Becca Rothfeld's All Things Are Too Small. —DF The Icon and the Idealist by Stephanie Gorton [NF] What it is: A compelling look at the rivalry between Margaret Sanger, of Planned Parenthood fame, and Mary Ware Dennett, who each held radically different visions for the future of birth control. Who it's for: Readers of Amy Sohn's The Man Who Hated Women and Katherine Turk's The Women of NOW; anyone interested in the history of reproductive rights. —SMS December Rental House by Weike Wang [F] What it's about: Married college sweethearts invite their drastically different families on a Cape Code vacation, raising questions about marriage, intimacy, and kinship. Who it's for: Fans of Wang's trademark wit and sly humor (see: Joan Is Okay and Chemistry); anyone with an in-law problem. Woo Woo by Ella Baxter [F] What it's about: A neurotic conceptual artist loses her shit in the months leading up to an exhibition that she hopes will be her big breakout, poking fun at the tropes of the "art monster" and the "woman of the verge" in one fell, stylish swoop. Who it's for: Readers of Sheena Patel's I'm a Fan and Chris Kraus's I Love Dick; any woman who is grateful to but now also sort of begrudges Jenny Offil for introducing "art monster" into the lexicon (me). —SMS Berlin Atomized by Julia Kornberg, tr. Jack Rockwell and Julia Kornberg [F]  What it's about: Spanning 2001 to 2034, three Jewish and downwardly mobile siblings come of age in various corners of the world against the backdrop of global crisis. Who it's for: Fans of Catherine Lacey's Biography of X and Joshua Cohen's The Netanyahus. —SMS Sand-Catcher by Omar Khalifah, tr. Barbara Romaine [F] What it is: A suspenseful, dark satire of memory and nation, in which four young Palestinian journalists at a Jordanian newspaper are assigned to interview an elderly witness to the Nakba, the violent 1948 expulsion of native Palestinians from Israel—but to their surprise, the survivor doesn’t want to rehash his trauma for the media. Who it’s for: Anyone looking insight—tinged with grim humor—into the years leading up to the present political crisis in the Middle East and the decades-long goal of Palestinian autonomy. —NodB The Shutouts by Gabrielle Korn [F] What it's about: In the dystopian future, mysteriously connected women fight to survive on the margins of society amid worsening climate collapse. Who it's for: Fans of Korn's Yours for the Taking, which takes place in the same universe; readers of Becky Chambers and queer-inflected sci-fi. —SMS What in Me Is Dark by Orlando Reade [NF] What it's about: The enduring, evolving influence of Milton's Paradise Lost on political history—and particularly on the work of 12 revolutionary readers, including Malcom X and Hannah Arendt. Who it's for: English majors and fans of Ryan Ruby and Sarah Bakewell—but I repeat myself. —SMS The Afterlife Is Letting Go by Brandon Shimoda [NF] What it's about: Shimoda researches the mass incarceration of Japanese Americans during WWII, and speaks with descendants of those imprisoned, for this essay collection about the “afterlife” of cruelty and xenophobia in the U.S. Who it’s for: Anyone to ever visit a monument, museum, or designated site of hallowed ground where traumatic events have taken place. —NodB No Place to Bury the Dead by Karina Sainz Borgo, tr. Elizabeth Bryer [F] What it's about: When Angustias Romero loses both her children while fleeing a mysterious disease in her unnamed Latin American country, she finds herself in a surreal, purgatorial borderland where she's soon caught in a power struggle. Who it's for: Fans of Maríana Enriquez and Mohsin Hamid. —SMS The Rest Is Silence by Augusto Monterroso, tr. Aaron Kerner [F] What it is: The author of some of the shortest, and tightest, stories in Latin American literature goes long with a metafictional skewering of literary criticism in his only novel. Who it's for: Anyone who prefers the term "palm-of-the-hand stories" to "flash fiction." —JHM Tali Girls by Siamak Herawi, tr. Sara Khalili [F] What it is: An intimate, harrowing, and vital look at the lives of girls and women in an Afghan mountain village under Taliban rule, based on true stories. Who it's for: Readers of Nadia Hashimi, Akwaeke Emezi, and Maria Stepanova. —SMS Sun City by Tove Jansson, tr. Thomas Teal [F] What it's about: During her travels through the U.S. in the 1970s, Jansson became interested in the retirement home as a peculiarly American institution—here, she imagines the tightly knit community within one of them. Who it's for: Fans of Jansson's other fiction for adults, much of which explores the lives of elderly folks; anyone who watched that documentary about The Villages in Florida. —SMS Editor's note: We're always looking to make our seasonal book previews more useful to the readers, writers, and critics they're meant to serve. Got an idea for how we can improve our coverage? Tell me about it at sophia@themillions.com. [millions_email]

Matt Taibbi’s Class Warfare is Truthy and Depressing

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In his new book, Griftopia, Matt Taibbi tries to portray America as a thieve's paradise, where foreign and domestic moneyed interests fleece the rest of us in the open and we are powerless to resist.  Taibbi covers politics and, more recently, the financial crisis for Rolling Stone, and Griftopia is primarily a compilation of his recent feature stories.  It’s an entertaining but ultimately frustrating and unsatisfying read, long on adjectives and invective but sorely lacking depth of analysis or reporting.  Ultimately, Taibbi undermines himself: his assertions of fact, even regarding core points, often are colored past reality and occasionally are simply, provably wrong, discrediting the wild-eyed conclusions he reaches based on them. Prior to the financial crisis, some of Taibbi’s best-known work, collected in previous books, involved politics and campaigns.  This work, in tone as much as subject matter, implicitly invokes that of Hunter S. Thompson, who famously covered politics for Rolling Stone during the Nixon years, although Taibbi’s book on the 2004 campaign, Spanking the Donkey, pales in comparison to Fear and Loathing on the Campaign Trail ’72, probably the high point of Thompson’s career.  Thompson’s stories often were filled with foul-mouthed, fractured and impossibly weird or vile allegations regarding its subjects, expanding or exploding reality to reflect some otherwise-inaccessible greater Truth.  There doesn’t seem to be any greater Truth beyond the paranoia of Taibbi’s furious language, but in these Glenn Beck and Stephen Colbert days, what does it matter?  Fear sells. The emotional core of the book lies in a rant that closes a chapter describing the creation and progression of the mortgage crisis: At the tail end of all this frantic lying, cheating, and scamming on all sides, … the final result is that we all ended up picking up the tab, subsidizing all this crime and dishonesty and pessimism as a matter of national policy. We paid for this instead of a generation of health insurance, or an alternative energy grid, or a brand-new system of roads and highways. With the $13-plus trillion we are estimated to ultimately spend on the bailouts, we could not only have bought and paid off every single subprime mortgage in the country (that would only have cost $1.4 trillion), we could have paid off every remaining mortgage of any kind in this country -- and still have had enough money left over to buy a new house for every American who does not already have one. But we didn't do that, and we didn't spend the money on anything else useful, either. Why? For a very good reason. Because we’re no good any more at building bridges and highways or coming up with brilliant innovations in energy or medicine. We're shit now at finishing massive public works projects or launching brilliant fairy-tale public policy ventures like the moon landing. What are we good at? Robbing what's left. When it comes to that, we Americans have no peer. Well, if he’s right, then America is truly Fucked.  Time to hit the road, bub.  Luckily for us, however, Taibbi is dead wrong about the $13 trillion figure, and, as a result, America may not be hopeless after all. Sure, it’s been reported that the total potential cost of the bailouts is $12.8 trillion, true, but the crucial word there is “potential.”  $12.8 trillion is the potential total cost if every dollar the government pledged or loaned were actually paid out and never paid back. But that's not what's happening.  Much of the money loaned already has been repaid, and on some of the constituent “bailouts,” the government actually may make a profit.  And, likewise, much of the money used to guarantee assets will never be tapped.  This is a good thing for America.  And it’s also a distinction that a professional reporter who has been knee-deep in the financial crisis should have recognized before proclaiming the moral bankruptcy of the country.  It would be a devastating passage if it weren’t fundamentally untrue. Look, I agree with Taibbi, at least in spirit, on some issues he raises, but if you're going to be caustic and depressing and a brutal buzzkill I think you have a responsibility to make sure your facts are correct, especially a fact that forms the crux of both the chapter it ends and of the central depressing accusations of the entire book.  And because the subjects Taibbi covers – securitized mortgage instruments, the commodity markets, etc., -- are hyper-complex, I had trouble putting any faith in Taibbi’s understanding and descriptions of the details once I noticed that he whiffed on a few of those that I already understood. Taibbi carries his populist flag throughout the book, and in the final chapter acknowledges proudly that class warfare is one of his goals while asserting that those who panned his Goldman Sachs article were with Them in this great battle, and not Us, claiming that the criticisms of his piece amounted to nothing more than a defense of “class privilege.”  Like so much else in Griftopia, this is fun and entertaining, sure, but lazy.  Had Taibbi’s article been about “class privilege” and seriously wrestled with the structure and institutions of the American economy that led to the problems he identified, it explicitly or implicitly would have suggested solutions.  Instead, Taibbi aims for the fattened ducks operating the levers of power rather than the levers themselves: he seems quite proud, for example, of publicly calling Goldman chief Lloyd Blankfein a “motherfucker.” Griftopia portrays America as a ghetto being looted by evil drug lords, but a simpler explanation of the financial crisis, to me at least, seems to be the economics of laziness and arrogance.  Laziness in entering a trade that is working (here, seemingly safe mortgage bonds) not because it makes sense but because it is easy and arrogance in assuming that you will know precisely when to get out.  And the evidence from the last bubble (and the tech bubble before that) seems to be that as good as these Wall Street folks may have been at riding a massive wave to shore, few knew how to pull off before the wave broke. On Griftopia’s back cover, Taibbi’s publishers praise him via pull quote as supplanting Michael Lewis as the “King Writer of Wall Street.”  Not so fast.  Lewis’s most recent book, The Big Short, walks the reader through the last few years of economic crisis with a level head and enough detail to allow a reader to understand how decisions that almost brought down the world could have seemed so common sense at the time to those who made them.  Lewis’s book handles the complexity of the financial world with both grace and precision.  Taibbi’s approach is closer to a drunken swagger: seemingly smooth, but not necessarily precise. To be fair, Griftopia and The Big Short serve different audiences.  Taibbi’s book will be of greatest utility to those who know exactly what they think but aren’t quite sure why.  Lewis’s book well serves everyone else. Bonus Link: Stockholm Syndrome: Two Books on High Finance

Two New Long-Form Journalism Collections Hit Shelves

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I've never been shy about my love for long form journalism - my love for the New Yorker is based on it - so I was intrigued to hear about a pair of books that collect some recent stand-out examples of the work from two other venerable magazines: New York and Harper's. The former is represented in New York Stories and the latter in Submersion Journalism Both were reviewed a few weeks back in the LA Times. I was particularly intrigued by Submersion Journalism which includes work by Wells Tower, an excellent but not terribly well-known journalist who contributes to Harper's, The Believer, Washington Post Magazine and others. We wrote about him a while back in an "Ask a Book Question" post. Unfortunately, a bunch of comments from readers listing several of Tower's pieces were lost in the Great Comments Purge of 2006, but the post nonetheless provides some background.Tower is best known for the remarkable Harper's piece "Bird-Dogging the Bush Vote," for which he, as the LA Times puts it "embeds himself with some Bush boosters in Florida during the 2004 campaign in order to know thine enemy." The article is, unfortunately, not available online for free, but it is included in Submersion Journalism. I've read it, and I think it rates up there with Hunter S. Thompson's Fear and Loathing on the Campaign Trail as a piece of tragicomic political journalism.Stepping back, it's always exciting to see collections like these come out, if only for the fact that they highlight some of the best, most entertaining journalism ever written. I concur with reviewer Marc Weingarten in the LA Times who writes, "The Web is clearly where the media is headed. But long, well-informed literary journalism like the stories found in these books is still the province of print. If readers forsake this stuff, well, shame on all of us."See Also: The New New Journalists

On the Peculiar Art of Presidential Fiction

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As Peter Morgan's Frost/Nixon opens on Broadway, I find myself free-associating, as is my habit... in this case, on the subject of presidential fiction.Frank Langella, the actor who portrays Nixon in the play, has spoken in several interviews about the odd empathy he feels for our 37th president, who was by all accounts a psychological mess. The closest I've ever come to feeling empathy for Nixon was reading Robert Coover's The Public Burning. Starring Tricky Dick in his vice-presidential incarnation, this novel about the Rosenberg trial is one of the high-water marks of postmodern fiction. Hell, even JFranz likes it. (I'm joking, Mr. Franzen. Joking.) Aside from its idiom, the book's major achievement is its main character, who grows more ingratiating as he grows more loathsome. Potential libel suits stalled publication, according to the introduction by William H. Gass. We can only be grateful that they did not prevent it.Nixon's belief in history as a pageant starring himself seems crucial to the development of a subgenre I've been calling, pace Matthew Sharpe, "historical fantasia." (See recent works by Mark Binelli, Chris Bachelder, and Lydia Millet, for examples). If The Public Burning is a foundational text, Philip Roth's Nixon novel Our Gang is a minor addition to the canon. Amusing stuff, and interesting as historical artifact, but inessential. Still, it further expanded the range of approaches the contemporary writer may take to historical figures.Straddling the line between fiction and journalism, Hunter S. Thompson's Fear and Loathing: On the Campaign Trail '72 harnessed a Roth-like fury to a more revealing analysis of the mechanisms of power. On celluloid, Oliver Stone's Nixon (IMDb) attempted to get behind the mask, with mixed results. More recently, back in the world of letters, Gerald Reilly's O. Henry Award-winning story "Nixon Under the Bodhi Tree" was said to explore the life of...an actor getting ready to play Nixon. Which brings us full circle to Frost/Nixon.And what of the other presidents? Gore Vidal had some success with Lincoln, David Foster Wallace notched an early triumph with "Lyndon," (in Girl with Curious Hair) and DeLillo achieved a then-career-best with his reconstruction of the Kennedy assassination (Libra). I even recall a lovely A.M. Homes story about The Gipper.But the cast of characters in what is arguably the worst administration since Nixon's strikes me as devoid of literary interest. Practically the only enduring contribution of this crew to America's writers is its patented brand of cant. George Saunders has mastered the idiom. Hart Seely managed to turn Rumsfeld's arrogant evasions into a book of poems. I myself, if you'll forgive the plug, published a monologue called "The Love Song of Ari Fleischer" in 2004. But behind the words lurk people who have, for seven years, refused to grant room for ambiguity, complexity, and doubt - preconditions for the moral universe in which modern literature is possible. Instead, we get a stilted reduction whose protagonists, depending on who's reading, are either simply Good, or simply Wicked. We get Nicholson Baker's Checkpoint. We get "Stuff Happens" and "Guantanamo" - bracing theatrical experiences, but not dramas per se. A mark of the current administration's moral failure, and perhaps of its artistic triumph, is that it has sterilized many of the avenues for protest against itself. It brings out the worst in us, and has, by its relentless aestheticization of every aspect of American life, made the aesthetic feel insufficient. Perhaps I'm wrong. Perhaps some artist or press secretary somewhere is even now working up a giant masterwork that illuminates W as a tragic hero caught on the horns of history. Somehow, though, I'm not convinced such a work would ring true. Anyway, I'm not holding my breath.See Also: HST on the Campaign Trail, Kennedy's favorite fiction, Clinton's favorite books.