What’s it about?
The Great Crash of 2008 inspired a glut of books aiming to demystify the credit crunch for the financially illiterate. Michael Lewis’ Boomerang attempts to do the same for this new Eurozone crisis. Based on articles he wrote for Vanity Fair, the book is a whistlestop tour through Iceland, Greece, Ireland, Germany and California.
Who is Michael Lewis?
A former bond trader turned financial journalist, Michael Lewis specialises in explaining complex financial matters in an accessible and funny way. The American author’s last book was credit crunch primer The Big Short.
Does he have any insights?
This is more a collage of colourful reportage than a book with an overriding thesis; however, Lewis does make some forthright, sometimes eccentric, observations:
On Greece: ‘The epidemic of lying and cheating and stealing makes any sort of civic life impossible.
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in