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Salman Rushdie in his introduction to the The Best American Short Stories 2008 wrote: "Shenandoah, Ecotone, Ploughshares, Missouri Review, Antioch Review, Southern Review don't reach my desk as often as, say, The New Yorker, The Atlantic, Harper's Magazine, Granta, Zoetrope: All Story, McSweeney's, or The Paris Review, but it is clear that the health of the American short story depends on them as much as on their more glamorous brethren ."

2010 has been a rough year for both the big commercial magazines and the "littles," with shrinking revenues, layoffs, and martini-less lunches all around. Literary reviews took several severe hits from universities, which acted like General …