Where has all the money gone?

Even Booker Prize-winning novelists struggle to make a living from writing

ONE OF FIRST ACTS OF THE Irish novelist Paul Lynch in scooping last year’s Booker Prize and a cheque for £50,000 was to observe that now at least his mortgage was safe. Two questions prompted by this admission are: what sort of state is the literary world in if the winner of one of our major literary awards has financial problems; and, in these circumstances, what hope is there for the rest of us? Why, to put the matter bluntly, do so many people at large in the world of books have such trouble in earning a living? Reason number one is that there is too much of everything: too many writers, too many agents, too many creative writing courses, too many books chasing the one part of the literary…

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The Critic (Digital) - 1 Issue, February 2024

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