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The Fifth Risk by Michael Lewis Book Resume:
New York Times Bestseller What are the consequences if the people given control over our government have no idea how it works? "The election happened," remembers Elizabeth Sherwood-Randall, then deputy secretary of the Department of Energy. "And then there was radio silence." Across all departments, similar stories were playing out: Trump appointees were few and far between; those that did show up were shockingly uninformed about the functions of their new workplace. Some even threw away the briefing books that had been prepared for them. Michael Lewis’s brilliant narrative takes us into the engine rooms of a government under attack by its own leaders. In Agriculture the funding of vital programs like food stamps and school lunches is being slashed. The Commerce Department may not have enough staff to conduct the 2020 Census properly. Over at Energy, where international nuclear risk is managed, it’s not clear there will be enough inspectors to track and locate black market uranium before terrorists do. Willful ignorance plays a role in these looming disasters. If your ambition is to maximize short-term gains without regard to the long-term cost, you are better off not knowing those costs. If you want to preserve your personal immunity to the hard problems, it’s better never to really understand those problems. There is upside to ignorance, and downside to knowledge. Knowledge makes life messier. It makes it a bit more difficult for a person who wishes to shrink the world to a worldview. If there are dangerous fools in this book, there are also heroes, unsung, of course. They are the linchpins of the system—those public servants whose knowledge, dedication, and proactivity keep the machinery running. Michael Lewis finds them, and he asks them what keeps them up at night.
The Fifth Risk by Michael Lewis Book Resume:
'Will set your hair on end' Telegraph, Top 50 Books of the Year 'Life is what happens between Michael Lewis books. I forgot to breathe while reading The Fifth Risk' Michael Hofmann, TLS, Books of the Year The phenomenal new book from the international bestselling author of The Big Short 'The election happened ... And then there was radio silence.' The morning after Trump was elected president, the people who ran the US Department of Energy - an agency that deals with some of the most powerful risks facing humanity - waited to welcome the incoming administration's transition team. Nobody appeared. Across the US government, the same thing happened: nothing. People don't notice when stuff goes right. That is the stuff government does. It manages everything that underpins our lives from funding free school meals, to policing rogue nuclear activity, to predicting extreme weather events. It steps in where private investment fears to tread, innovates and creates knowledge, assesses extreme long-term risk. And now, government is under attack. By its own leaders. In The Fifth Risk, Michael Lewis reveals the combustible cocktail of wilful ignorance and venality that is fuelling the destruction of a country's fabric. All of this, Lewis shows, exposes America and the world to the biggest risk of all. It is what you never learned that might have saved you.
Summary of Michael Lewis’s The Fifth Risk by Swift Reads by Swift Reads Book Resume:
The Fifth Risk (2018) by Michael Lewis is a journalistic account of how broad swaths of the US government are being ignored or dismantled under Donald Trump’s administration. After shunning the conventions of a presidential transition, Trump and his tiny team assumed stewardship of the government without ever bothering to learn how it works… Purchase this in-depth summary to learn more.
The Big Short: Inside the Doomsday Machine (movie tie-in) by Michael Lewis Book Resume:
The #1 New York Times bestseller—Now a Major Motion Picture from Paramount Pictures From the author of The Blind Side and Moneyball, The Big Short tells the story of four outsiders in the world of high-finance who predict the credit and housing bubble collapse before anyone else. The film adaptation by Adam McKay (Anchorman I and II, The Other Guys) features Academy Award® winners Christian Bale, Brad Pitt, Melissa Leo and Marisa Tomei; Academy Award® nominees Steve Carell and Ryan Gosling. When the crash of the U.S. stock market became public knowledge in the fall of 2008, it was already old news. The real crash, the silent crash, had taken place over the previous year, in bizarre feeder markets where the sun doesn’t shine and the SEC doesn’t dare, or bother, to tread. Who understood the risk inherent in the assumption of ever-rising real estate prices, a risk compounded daily by the creation of those arcane, artificial securities loosely based on piles of doubtful mortgages? In this fitting sequel to Liar’s Poker, Michael Lewis answers that question in a narrative brimming with indignation and dark humor.
The New New Thing by Michael Lewis Book Resume:
In the last years of the millennium, Michael Lewis, bestselling author of The Big Short and The Undoing Project, sets out to find the world's most important technology entrepreneur, the man who embodies the spirit of the coming age. He finds him in Jim Clark, the billionaire who founded Netscape and Silicon Graphics and who now aims to turn the healthcare industry on its head with his new billion-dollar project. Lewis accompanies Clark on the maiden voyage of his vast yacht and, on the sometimes hazardous journey, takes the reader on the ride of a lifetime through a landscape of geeks and billionaires. Through every brilliant anecdote and funny character sketch, Michael Lewis allows us an inside look at the world of the super-rich, whilst drawing a map of free enterprise in the twenty-first century.
Liar's Poker by Michael Lewis Book Resume:
The time was the 1980s. The place was Wall Street. The game was called Liar’s Poker. Michael Lewis was fresh out of Princeton and the London School of Economics when he landed a job at Salomon Brothers, one of Wall Street’s premier investment firms. During the next three years, Lewis rose from callow trainee to bond salesman, raking in millions for the firm and cashing in on a modern-day gold rush. Liar’s Poker is the culmination of those heady, frenzied years—a behind-the-scenes look at a unique and turbulent time in American business. From the frat-boy camaraderie of the forty-first-floor trading room to the killer instinct that made ambitious young men gamble everything on a high-stakes game of bluffing and deception, here is Michael Lewis’s knowing and hilarious insider’s account of an unprecedented era of greed, gluttony, and outrageous fortune.
Pacific Rift by Michael Lewis Book Resume:
This light-hearted look at business relations between Japan and the West follows the fortunes of two cultural transplants - Bob Collins, a forthright American insurance executive who lives and works in Tokyo, and Shuji Tomikawa, a Harvard-educated Japanese working for Mitsui Real Estate in New York City. Through his meetings with these men, the author is able to draw some surprising conclusions about current Japanese business practices, both in relation to foreigners attempting to trade with them, and in terms of their own headlong rush into overseas markets, from the Ginza bars of Tokyo to the wino gangs of Times Square.
Next: The Future Just Happened by Michael Lewis Book Resume:
The author of Liar's Poker and The Next New Thing explains the Internet's role in how people live, work, and think, identifying a status revolution in which individuals are key players, and offers a forecast of future implications of this technological revolution on human society. Reprint. 55,000 first printing.
Coach: Lessons on the Game of Life by Michael Lewis Book Resume:
"[Lewis] has such a gift for storytelling."--New York Times There was a turning point in Michael Lewis's life, in a baseball game when he was fourteen years old. The irascible and often terrifying Coach Fitz put the ball in his hand with the game on the line and managed to convey such confident trust in Lewis's ability that the boy had no choice but to live up to it. "I didn't have words for it then, but I do now: I am about to show the world, and myself, what I can do." The coach's message was not simply about winning, but about self-respect, sacrifice, courage, and endurance. In some ways, and even now, thirty years later, Lewis still finds himself trying to measure up to what Coach Fitz expected of him.