The Modern Library is an American book publishing imprint and formerly the parent company of Random House. Founded in 1917 by Albert Boni and Horace Liveright as an imprint of their publishing company Boni & Liveright, Modern Library became an independent publishing company in 1925 when Boni & Liveright sold it to Bennett Cerf and Donald Klopfer. Random House began in 1927 as a subsidiary of the Modern Library and eventually overtook its parent company, with Modern Library becoming an imprint of Random House.
In 1992, on the occasion of the Modern Library's seventy-fifth anniversary, Random House embarked on an ambitious project to refurbish the series. We revived the torchbearer emblem that Cerf and Klopfer commissioned in 1925 from Lucian Bernhard. The Promethean bearer of enlightenment (known informally around the old Modern Library offices as the "dame running away from Bennett Cerf") was redesigned several times over the years, most notably by Rockwell Kent.
In 1998, novelist David Ebershoff became the Modern Library's new Publishing Director. Ebershoff managed the imprint until 2005, when he resigned to concentrate on his own writing and to become editor-at-large at Random House.
The "top ten" of the editors' list is shown here—and the two "100 Best Novels" lists are linked below.
According to a New York Times article about the list, executives at Random House said they hoped that as the century drew to a close their list would encourage public debate about the greatest works of fiction of the last hundred years, thus both increasing awareness of the Modern Library and stimulating sales of novels the group publishes.
Both lists have incurred criticism. Their ranking system concerned many professional scholars and critics. The board members themselves, who did not create the rankings and were unaware of it until the list was published, expressed disappointment and puzzlement. There were also hypotheses that the Modern Library merely made a selection based on its stocklist. A. S. Byatt, the well-known English novelist who was on the board, called the list "typically American".
The list was compiled via approval voting, by sending each board member a list of 440 pre-selected books from the Modern Library catalogue and asking each member to place a check beside novels they wished to choose. Then the works with the most votes were ranked the highest, and ties were decided arbitrarily by Random House publishers. This explains surprising results like the No. 5 placement of Brave New World (1932), which most of the judges agreed belonged somewhere on the list, but much lower than the very top.
David Ebershoff, the Modern Library division's publishing director, stated in a follow-up "the people who were drawn to go to the Modern Library Web site and compelled to vote have a certain enthusiasm about books and their favourite books that many people don't, so that the voting population is skewed." In addition, people were allowed to vote repeatedly, once per day, making the poll a measure of how much effort people would put into promoting their favorite books. Others have been more direct in their descriptions of the results; librarian Robert Teeter remarks that the ballot boxes were "stuffed by cultists".
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