In Zero, Bank Street, Gudmundsson deals with the trinity of book knowledge, work knowledge and ethical knowledge; how this trinity has been broken up, the enormous power of the financial world, entertainment and thrillers, volcanoes, banks, and revolutions. Can culture be bought with money? He discusses the Report of the Special Investigation Commission into the collapse of the banks, comedians and cake baking, poverty and riches, justice and injustice; all of this is put forward through stories in which reality beats fiction by a mile. The guiding lights of the author this time are the Icelandic-American writer and philanthropist Bill Holm, the revolutionary writers Thorbergur Thordarson and Gudbergur Bergsson, and the immortal Beatles, featuring John Lennon along with his childhood friend, David Ashton. What happened in Bioletti‘s barber shop by Penny Lane in Liverpool, and why is Zero, Bank Street located next to the Icelandic ministry offices?

• Gudmundsson received the Bjørnson Prize in Norway for his oeuvre and social vision.
• In Denmark he received an award from the memorial fund dedicated to Danish writer and radical Carl Scharnberg.
• In 2012 Einar Mar Gudmundsson received the Swedish Academy’s Nordic Prize, dubbed “the little Nobel”, for his contribution to literature.