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ALL THAT GLITTERS.(The Economy of Prestige)(Book Review)

The New Yorker

| December 26, 2005 | Menand, Louis | COPYRIGHT 2005 All rights reserved. Reproduced by permission of The Condé Nast Publications Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

In 1987, "Paco's Story," by Larry Heinemann, won the National Book Award for Fiction. The acclaim that greeted this selection was less than universal, and the reason--no fault of Heinemann's--is that 1987 was also the year of Toni Morrison's "Beloved." Morrison's novel was a finalist for the award, and it had been widely regarded as the favorite. We can assume that she was disappointed, and we know that her friends were, because, after "Beloved" also failed to win the National Book Critics Circle Award for Fiction (which went to Philip Roth's "The Counterlife"), forty-eight of them published a statement in the Times Book Review. "Despite the international stature of Toni ...

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