An analysis of five financial upheavals in recent history includes coverage of the 1987 stock market crash, the internet bubble, and the current sub-prime mortgage crisis, in an anecdotal report that reveals how public knowledge differed from what was actually taking place. 100,000 first printing.
"synopsis" may belong to another edition of this title.
It's hard to imagine a more timely book.
'Everything, in retrospect, is obvious. But if everything were obvious, authors of histories of financial folly would be rich ...'
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, Lewis conveys the mood before each catastrophe, what it was like in the heat of the moment, how, afterwards, we tried to explain away the chaos - and then failed to learn from it before the whole process started all over again.
Panic! gives us a completely new insight into how markets really operate - and who really knows what they're talking about.
"About this title" may belong to another edition of this title.
Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.
Hardback. Condition: Fair. A masterful account of today's money culture, showing how the underpricing of risk leads to catastrophe. Seller Inventory # 00095473780
Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.
Hardback. Condition: Very Good. A masterful account of today's money culture, showing how the underpricing of risk leads to catastrophe. Seller Inventory # 00100808565
Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.
Hardback. Condition: Good. A masterful account of today's money culture, showing how the underpricing of risk leads to catastrophe. Seller Inventory # 00095561233
Seller: 3Brothers Bookstore, Egg harbor township, NJ, U.S.A.
Condition: very_good. Cover may have light wear, pages in very good condition and binding is sturdy; may have other light shelf wear or creases. May have notes or highlighting. Seller Inventory # EVV.0393065146.VG
Seller: More Than Words, Waltham, MA, U.S.A.
Condition: Good. A sound copy with only light wear. Overall a solid copy at a great price! Seller Inventory # BOS-M-13b-01514
Seller: World of Books Inc, Montgomery, IL, U.S.A.
Hardback. Condition: Fair. A masterful account of today's money culture, showing how the underpricing of risk leads to catastrophe. Seller Inventory # CIN0393065146A
Seller: World of Books Inc, Montgomery, IL, U.S.A.
Hardback. Condition: Very Good. A masterful account of today's money culture, showing how the underpricing of risk leads to catastrophe. Seller Inventory # CIN0393065146VG
Seller: World of Books Inc, Montgomery, IL, U.S.A.
Hardback. Condition: Good. A masterful account of today's money culture, showing how the underpricing of risk leads to catastrophe. Seller Inventory # CIN0393065146G
Seller: Wonder Book, Frederick, MD, U.S.A.
Condition: Very Good. Very Good condition. Very Good dust jacket. A copy that may have a few cosmetic defects. May also contain light spine creasing or a few markings such as an owner's name, short gifter's inscription or light stamp. Seller Inventory # U09B-04720
Seller: Wonder Book, Frederick, MD, U.S.A.
Condition: Good. Good condition. Good dust jacket. A copy that has been read but remains intact. May contain markings such as bookplates, stamps, limited notes and highlighting, or a few light stains. Seller Inventory # U10A-06034