In The Art of Criticism, William Veeder and Susan M. Griffin have brought together for the first time the best of the Master's critical work: the most important of his Prefaces, which R. P. Blackmur has called "the most sustained and I think the most eloquent and original piece of literary criticism in existence"; his studies of Hawthorne, George Eliot, Balzac, Zola, de Maupassant, Turgenev, Sante-Beuve, and Arnold; and his essays on the function of criticism and the future of the novel.

The editors have provided what James himself emphasized in his literary criticism—the text's context. Each selection is framed by an editorial commentary and notes which give its biographical, bibliographical, and critical background and cite other references in James' work to the topic discussed. This framework, along with the editors' introduction, gives the reader a sense of the place of these pieces in the history of criticism.