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Boomerang : Travels in the New Third World by Michael Lewis (2012, Trade...
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eBay item number:396317507195
Item specifics
- Condition
- ISBN
- 9780393343441
About this product
Product Identifiers
Publisher
Norton & Company, Incorporated, w. w.
ISBN-10
0393343448
ISBN-13
9780393343441
eBay Product ID (ePID)
114210346
Product Key Features
Book Title
Boomerang : Travels in the New Third World
Number of Pages
240 Pages
Language
English
Topic
Economic History, International / Economics, Finance / General, Economic Conditions, Public Policy / Economic Policy
Publication Year
2012
Genre
Political Science, Business & Economics
Format
Trade Paperback
Dimensions
Item Height
0.6 in
Item Weight
7.1 Oz
Item Length
8.3 in
Item Width
5.5 in
Additional Product Features
Intended Audience
Trade
Reviews
Lewis's rare gift as a guide through the world of credit default swaps and sovereign debt doesn't come simply from his deep understanding of how the global financial system works . . . also his skill as a storyteller, his ability to tell the larger tale through fascinating human stories of greed, excess, and self-delusion., Michael Lewis possesses the rare storyteller's ability to make virtually any subject both lucid and compelling. . . . Combining his easy familiarity with finance and the talents of a travel writer, Mr. Lewis sets off in these pages to give the reader a guided tour through some of the disparate places hard hit by the fiscal tsunami of 2008, like Greece, Iceland and Ireland, tracing how very different people for very different reasons gorged on the cheap credit available in the prelude to that disaster. The book -- based on articles Mr. Lewis wrote for Vanity Fair magazine -- is a companion piece of sorts to The Big Short: Inside the Doomsday Machine, his bestselling 2010 book about the fiscal crisis. . . . Mr. Lewis's ability to find people who can see what is obvious to others only in retrospect or who somehow embody something larger going on in the financial world is uncanny. And in this book he weaves their stories into a sharp-edged narrative that leaves readers with a visceral understanding of the fiscal recklessness that lies behind today's headlines about Europe's growing debt problems and the risk of contagion they now pose to the world., [Lewis's] explanations of thorny financial processes are surprisingly compelling, his characters entertaining.
Dewey Edition
23
Dewey Decimal
330.9/0511
Synopsis
The tsunami of cheap credit that rolled across the planet between 2002 and 2008 was more than a simple financial phenomenon: it was temptation, offering entire societies the chance to reveal aspects of their characters they could not normally afford to indulge. Icelanders wanted to stop fishing and become investment bankers. The Greeks wanted to turn their country into a piñata stuffed with cash and allow as many citizens as possible to take a whack at it. The Germans wanted to be even more German; the Irish wanted to stop being Irish. Michael Lewis's investigation of bubbles beyond our shores is so brilliantly, sadly hilarious that it leads the American reader to a comfortable complacency: oh, those foolish foreigners. But when he turns a merciless eye on California and Washington, DC, we see that the narrative is a trap baited with humor, and we understand the reckoning that awaits the greatest and greediest of debtor nations., Icelanders wanted to stop fishing and become investment bankers. The Greeks wanted to turn their country into a pinata stuffed with cash and allow as many citizens as possible to take a whack at it. The Germans wanted to be even more German; the Irish wanted to stop being Irish. Michael Lewis's investigation of bubbles beyond our shores is so brilliantly, sadly hilarious that it leads the American reader to a comfortable complacency: oh, those foolish foreigners. But when he turns a merciless eye on California and Washington, DC, we see that the narrative is a trap baited with humor, and we understand the reckoning that awaits the greatest and greediest of debtor nations.
LC Classification Number
HB3717 2008.L49 2012
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Product ratings and reviews
Most relevant reviews
- Apr 10, 2019
Greed blinds thinking
Verified purchase: YesCondition: Pre-OwnedSold by: thrift.books
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