This is a rare glimpse into the inner workings of a small, ambitious press over a period of radical transformation in publishing. Each of Carcanet's fifty years is marked by an exchange of letters - handwritten, typed, and now emailed - between an author and the editor.

Beginning in 1969 with the response to an invitation to subscribe to Carcanet for two guineas, the book traces Carcanet's progress and offers insight into the nature of literary editing. At its heart is the personal relationship of author and editor/publisher, the conflicts, friendships and vicissitudes that occur at the nexus between the work, its creator, publisher and reader. Poets are central, but fiction writers, translators, biographers and critics also contribute to the Carcanet ferment and firmament. Fifty Fifty celebrates the writers', readers' and editor's risks, passions and pleasures.