Panic: The Story of Modern Financial Insanity

by Michael Lewis

Michael Lewis (Editor)

When it comes to markets, the first deadly sin is greed. Michael Lewis is our jungle guide through five of the most violent and costly upheavals in recent financial history: the crash of '87, the Russian default (and the subsequent collapse of Long-Term Capital Management), the Asian currency crisis of 1999, the Internet bubble, and the current sub-prime mortgage disaster. With his trademark humor and brilliant anecdotes, Lewis paints the mood and market factors leading up to each event, weaves contemporary accounts to show what people thought was happening at the time, and then, with the luxury of hindsight, analyzes what actually happened and what we should have learned from experience.

As he proved in Liar's Poker, The New New Thing, and Moneyball, Lewis is without peer in his understanding of market forces and human foibles. He is also, arguably, the funniest serious writer in America.

• ISBN10: 0393065146
• ISBN13: 9780393065145
• Publish Date: 16 January 2009 (first published 4 December 2008)
• Publish Status: Inactive
• Out of Print: 9 March 2021
• Publish Country: US
• Imprint: WW Norton & Co
• Format: Hardcover
• Pages: 352
• Language: English

Reviews

[remo]

Un montón de artículos periodísticos, muy bien elegidos, sobre las últimas crisis que hemos vivido (el crash del 87, la crisis de Asia de los 90, el crash de las puntocom, el crash de las hipotecas subprime). Hay algunos artículos que, con el paso de los años, no hacen más que ganar. Lo lees y piensas que lo que decía el periodista era demasiado obvio y, por supuesto, terminó ocurriendo. Otros artículos son de análisis y nos ayudan a entender matices y detalles sobre lo que ocurrió. Una lectura muy interesante y muy entretenida.