"Madeleine's Birthday," the first of Gallant's many stories to be published in The New Yorker, pairs off a disaffected teenager, abandoned by her social-climbing mother, with a complacent middle-aged suburban housewife, in a subtly poignant comedy of miscommunication that reveals both characters to be equally adrift. "The Cost of Living," the extraordinary title story, is about a company of strangers, shipwrecked over a chilly winter in a Parisian hotel and bound to one another by animosity as much as by unexpected love.

Set in Paris, New York, the Riviera, and Montreal and full of scrupulously observed characters ranging from freebooters and malingerers to runaway children and fashion models, Gallant's stories are at once satirical and lyrical, passionate and skeptical, perfectly calibrated and in constant motion, brilliantly capturing the fatal untidiness of life.