Boomerang - Travels in the New Third World

Boomerang - Travels in the New Third World

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Language English
Contributor(s) Michael Lewis
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Overview: Boomerang - Travels in the New Third World

As Pogo once said, We have met the enemy and he is us.Author:nbsp nbspMichael LewisPublisher:nbsp nbspWW Norton CoISBN-13:nbsp nbsp9780393081817ISBN:nbsp nbsp0393081818Book Binding:nbsp nbspHardbackPublish Date:nbsp nbsp2011-11-01Number of Pages:nbsp nbsp224 pagesLanguage:nbsp nbspEnglishDimension:nbsp nbsp223 x 161 x 21 mm

Features: Boomerang - Travels in the New Third World

  • Business And Economics
Product Details
Language English
Publication Date September 28, 2011
Publisher W. W. Norton & Company
Contributor(s) Michael Lewis
Binding Hardcover
Edition 1
Page Count 224
ISBN 10 9780393081817
ISBN 13 8601404724770
Dimensions and Weight
Product Weight 394.6 grams
Product Dimensions 1.5 cm x 0.2 cm x 2.2 cm

Editorial Reviews

Review

Michael Lewis possesses the rare storyteller s ability to make virtually any subject both lucid and compelling. In his new book, Boomerang, he actually makes topics like European sovereign debt, the International Monetary Fund and the European Central Bank not only comprehensible but also fascinating The book could not be more timely given the worries about Europe s deepening debt crisis and the recent warning issued by Christine Lagarde, managing director of the I.M.F., that 'the current economic situation is entering a dangerous phase.' 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. Like that earlier book its focus is narrow. It doesn t aspire to provide a broad overview of the debt crisis but instead hands the reader a small but sparkling prism by which to view the problem, this time from a global perspective. At times Mr. Lewis can sound a lot like Evelyn Waugh: shrewd, observant and savagely judgmental, dispensing crude generalizations about other countries, even as he pokes fun at himself as a disaster tourist. 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. "
 

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