I downloaded this from Audible this morning and listened to it while shoveling snow, wishing I had a clockwork automaton to do that for me.
Philip Pullman's Clockwork is a fairy tale set in Germany in (presumably) the 19th century, in a world where clockwork devices can be made so intricately precise that they can, if constructed by a particularly ingenious clockmaker, pass for little boys. There are elements of Pinocchio, Faust, and any number of Hans Christian Andersen fables in this story that actually weaves three stories together.
There is Franz, the storyteller who entertains the townspeople with fabulous and hair-raising stories, until he ends up invoking someone who shows up in the tavern while Franz is telling a tale about him.
Karl, the clockmaker's apprentice, approaching the day of the end of his apprenticeship where his great creation will emerge from the town clock tower, has a big problem: he hasn't actually created anything. So of course he is pulling his hair out and swearing he'd do anything to get out of this mess, and you know where that leads in fairy tales.
Finally, there is the story of the proud and arrogant prince and his pretty, fashionable wife, in need of an heir. When their only son dies stillborn, the prince goes looking for a replacement, and procures a clockwork boy.
Everything wraps up with the bad getting more or less what they deserved, the good living happily ever after. Pullman is a good storyteller, especially when he stays concise and doesn't drag trilogies off the rails in the final book (*cough* The Amber Spyglass *cough*). Clockwork really is just a modern fairy tale, so don't expect any brilliant subversion or some kind of steampunk twist.