Panic!

The Story of Modern Financial Insanity

Panic!

Afterword by: Michael Lewis / Read by: Jesse Boggs and Blair Hardman

Featuring an exclusive interview with the author, "America's poet laureate of capital" (The Los Angeles Times)

When it comes to markets, the first deadly sin is greed. In Panic!, #1 bestselling author Michael Lewis has chosen several pieces of brilliant journalism to illuminate 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. Among the unabridged selections are several pieces by Lewis himself, whose writing also introduces each section, as well as contributions from Nobel Prize-winner Paul Krugman, James Surowiecki and others writing in Fortune, The New Yorker and The New York Times.

Some of the pieces paint the mood and market factors leading up to the particular crash, or show what people thought was happening at the time. Others, with the luxury of hindsight, analyze what actually happened. There are sobering messages common to these narratives: the lessons that should have been learned along the way were for the most part ignored; and when push comes to shove -- when all investors run to the same side of the boat -- the carefully devised protections against risk turn out to be wishful thinking.

As proved in Liar's Poker, The New New Thing, and Moneyball, Lewis is without peer in his understanding of market forces and of human foibles. He is also, arguably, the funniest serious writer in America.
  • Simon & Schuster Audio | 
  • ISBN 9780743583671 | 
  • December 2008
Add to Cart
List Price $17.95
In Stock: Available for immediate download

Hear an Excerpt

More Books from this Author

Flash Boys
Boomerang
The Big Short
Shame
Timeless Andrew Weil wisdom at an unbeatable price! The complete “Outwitting the Killers” section of the landmark bestseller, Natural Health, Natural Medicine is now available on audio for the first time. Dr. Andrew Weil’s bestseller, Natural Health, Natural Medicine is his most popular book and now this exclusive audio excerpt lets listeners discover the essential habits they must develop in order to combat the major health issues that are threatening adults at an alarming...

About the Author

Michael Lewis
Photograph by Tabitha Soren

Michael Lewis

Michael Lewis, the bestselling author of The Undoing Project, Liar’s Poker, Moneyball, The Blind Side, and The Big Short, among other works, lives in Berkeley, California, with his wife and three children.

BECOME A FAN

Explore

CONNECT WITH US