C. Max Magee, a contributor  to Poets & Writers Magazine who writes about books at themillions.com , recently updated his ranking of prizewinning novels based on the number of prizes a book has won and the number of times it has been named a finalist or appeared on a shortlist. Taking into account six major prizes—the Booker , the National Book Critics Circle Award , the International IMPAC Dublin Literary Award , the National Book Award , the Pulitzer Prize , and the Costa Book Award —Magee concluded that Edward P. Jones 's The Known World, is the most celebrated novel of the last fifteen years. The 2003 novel won the National Book Critics Circle Award, the IMPAC, and the Pulitzer Prize and was a finalist for the National Book Award. Coming in at a close second is Jonathan Franzen 's The Corrections. For the complete list and a note on Magee's methodology, visit  his blog.
Below is a video of Jones's keynote address at the 2007 PEN/Hemingway Awards ceremony.