Panic!: The Story of Modern Financial Insanity

Michael Lewis

Panic!: The Story of Modern Financial Insanity
Format
Paperback
Publisher
Penguin Books Ltd
Country
United Kingdom
Published
2 December 2008
Pages
400
ISBN
9780141042312

Panic!: The Story of Modern Financial Insanity

Michael Lewis

1 Bestselling Author of Liar’s Poker guides us through the mayhem

From Black Monday to the Asian financial crisis, from the internet bubble to mortgage meltdown, our lives are ruled by crazy cycles of euphoria and hysteria that manage to grip the world but are all-too-soon forgotten.

In this unique collection of articles Michael Lewis - ex-trader and bestselling chronicler of greed and frenzy in the markets - casts a sceptical eye back over the most panicked-about panics of recent decades. He tells a story of boom and bust, deranged greed, outsized egos and over-inflated salaries, where the only thing that can ever be predicted is our constant inability to predict anything.

Using contemporary accounts from commentators such as Joseph Stiglitz, Jeffrey Sachs and Paul Krugman, plus many of his own best writings, Michael Lewis gives us a completely new insight into how markets really operate - and who really knows what they’re talking about.

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