
The Financial Lives of the Poets
Jess Walter
I first read about this book in the New York Times. This has nothing to do with the rest of this review, but I just like to add that because it makes me sound so responsible and upstanding. Not like the sort of person who would take their son to Petco and tell him it's the zoo. Which, in my defense, it sort of is, if they allowed you to purchase elephants and monkeys at the "big" zoo.
Anyways, the idea of the book intrigued me – the combination of poetry and finance, which Matthew Prior attempts to combine in an ill-fated website launch (poetfolio.com) which ultimately is one of the pushes that threaten to topple his family over the edge of solvency into that great chasm of bankruptcy.
And even though the idea was interesting, I found the voice of the narrator getting in the way of what (I think) the author was trying to say. Prior can be funny. Especially the first chapter where he goes out to buy milk for his family and winds up smoking weed with a group of young kids and ends the evening stoned, with no milk or shoes and the new moniker, "Slippers." Or when he is contemplating going to a concert that he thinks his wife may be going to with an old flame:
"I do hate concerts. I have hated them ever since we went to an outdoor festival once and were nearly trampled to death. I hate paying three times the cost of a CD just to stand in an unruly crowd and think one of two things: (A) This song sounds just like it does on the CD or (B) this song sounds nothing like it does on the CD."
But then he keeps trying to be funny and he's like the kid in class who wants to be funny so bad that everything that comes out of his mouth is an attempt at a joke and the emotional punch is watered down. The book feels it's strongest in the rare moments when he's not doing this.
The description of how they found themselves in Dante's seventh circle of credit is a bit thin also. A better portrait of the pain of a family crumbling under the economic anvil is New York Times (see – this makes me doubly responsible) reporter Edmund Andrews' Busted: Life Inside the Great Mortgage Meltdown. Admittedly, I have not read in whole, only a good portion of it in a bookstore and excerpts online, which while lacking the witty dialogue of Walters, is a much more real depiction of how a solidly middle class family can trip into a financial morass.
There are some interesting ideas though, buried in the funny stuff. Matt's wife is described as being put together. Later on he notes that what is put together can just as easily fall apart. Which is sort of the like the faltering economy that is the force that rings in all of the characters in this book.
Another interesting concept is the idea that the failure of poetry helped spur the financial crisis:
"The poets were supposed to remind us of this, to regulate the existential and temporal markets (Let be be finale of seem./ The only emperor is the emperor of ice-cream) and to balance real estate with ethereal states (One need not be a chamber to be haunted,/One need not be a house). Hell, we don't need bailouts, rescue packages and public works. We need more poets."
I wish he had developed this connection more fully because there seems to be some small truth in there. There are thousands of literary magazines publishing poetry, most of which have not been heard of outside of those writing poetry and perhaps trying to get their poetry in those same magazines. And maybe that is the problem – too many people writing and not enough people content to be just a reader, too many people wanting to be at the top of the financial heap and not enough people content to live a good, modest life.


