The Observer offers a look at the potential new reality of daily business in the wake of the economic crisis. “The stifling timidity many editors and agents are predicting appears not to have taken hold” yet but, “soon, though, people may find themselves compelled to be more wary. Only the most established agents will be able to convince publishers to take a chance on an unknown novelist or a historian whose chosen topic does not have the backing of a news peg. The swollen advances that have come to represent all that is reckless and sinful about the way the […]
