Other People’s Money: George Saunders on the Value of Failure
Against the Rules with Michael Lewis
Pushkin Industries
4.4 • 9.9K Ratings
🗓️ 8 March 2022
⏱️ 28 minutes
🧾️ Download transcript
Summary
After the surprise success of Liar’s Poker, publishers urged Michael Lewis to try his hand at fiction. It was a bad idea. But even award-winning fiction authors have struggled with failure. Michael speaks with Booker Prize-winning author George Saunders about the urge to imitate other writers, and what we all can learn from bad first drafts. We also hear why Saunders was identified early as a gifted student, while Michael Lewis was – emphatically – not.
You can order the new Liar’s Poker audiobook at Pushkin.fm/LiarsPoker.
Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | I wrote a novel. I've forgotten. I've forgotten I wrote a novel. Tells you how bad it was. |
| 0:19.6 | What happened was Lyra's poker came out and everyone was saying you have all of the |
| 0:23.2 | gifts of a novelist and the problem was maybe that was true up to a point but the point |
| 0:28.8 | where it wasn't true is I had no ability to make things up. So when you can't make things |
| 0:33.9 | up, you got problems as a novelist. The thing is there's no structure when you're writing |
| 0:38.3 | fixed it because you just can do anything. You just do anything. I know. |
| 0:41.3 | And then to change it, you could just make it totally different. So how do you know |
| 0:46.7 | what's good and what's not? It's battling. |
| 0:52.0 | Here is my contract with Hodder and Stouten for a novel that was going to be called Tokyo |
| 0:57.2 | Rocks. And it says it's marvelous to have this novel on board. Oh my God. I wrote a hundred |
| 1:05.4 | a couple of hundred pages. The research department felt hollow when he arrived with everyone |
| 1:11.7 | still in the morning meeting. The offices along the padded corridor were as dark and |
| 1:15.5 | barren and full of the loneliness, loneliness of empty ambition as the cleaning ladies |
| 1:20.0 | had left them the night before. The loneliness of ambition could have been a title instead |
| 1:31.0 | of Liars Poker. I'm Michael Lewis and welcome to other people's money, a Liars Poker companion. |
| 1:40.0 | This is our fifth and final episode. We're going to call it Tokyo Rocks. The name of the |
| 1:46.2 | novel I think we're all a little bit relieved that I never finished. It's funny how we |
| 1:51.1 | tend to forget about failure. We remember the successes and we look back on our life |
| 1:55.9 | as this chain of the things that work. But the things that didn't work are actually |
| 2:00.6 | the things that guided you on the path that worked. In some ways they're more important |
| 2:04.8 | than the things that did work. They channel us. They give us the guardrails that define |
| 2:10.4 | our career and help us to kind of move forward. That's why I wanted to talk to George Saunders. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Pushkin Industries, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Pushkin Industries and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

