The story follows a young scientist in the contemporary world, who actually came from the world of dwarves, thanks to a magic potion, held by the Big Eater, ruler of the dwarves. The dwarf kingdom, Shuflandia, exists in a cellar of a library, and only the most obedient get the chance to grow to king size and inhabit the larger world. Once there, nobody wants to return to Shuflandia. Also, there are no women in Shuflandia.
Gulley Jimson is a boorish aging artist recently released from prison. A swindler in search of his next art project, he hunkers down in the penthouse of would-be patrons the Beeders while they go on an extended vacation; he paints a mural on their wall, pawns their valuables and, along with the sculptor Abel, inadvertently smashes a large hole in their floor. Jimson's next project is an even larger wall in an abandoned church.
Two would-be thieves forge a surprising relationship with an unexpected housesitter when they accidentally trap themselves in a house they just broke into.
Nathan Flomm, in order to avoid the humiliation of having missed out on a hugely successful business, assumes a new identity on Martha's Vineyard. He plots revenge when his former business partner moves to the same town.