Having made the U.S. financial crisis comprehensible for us all in The Big Short, Michael Lewis realised that he hadn't begun to get grips with the full story. How exactly had it come to hit the rest of the world in the face too? Just how broke are we really? Boomerang is a tragi-comic romp across Europe, in which Lewis gives full vent to his storytelling genius. The cheap credit that rolled across the planet between 2002 and 2008 was more than a simple financial phenomenon: it was temptation, offering entire societies the chance to reveal aspects of their characters they could not normally afford to indulge. Icelanders wanted to stop fishing and become investment bankers. The Greeks wanted to turn their country into a piñata stuffed with cash and allow as many citizens as possible to take a whack. The Irish wanted to stop being Irish. The Germans wanted to be even more German. Michael Lewis's investigation of bubbles across Europe is brilliantly, sadly hilarious. He also turns a merciless eye on America: on California, the epicentre of world consumption, where we see that a final reckoning awaits the most avaricious of nations too. This is the ultimate book of our times. It's time to brace ourselves for impact. And, with Michael Lewis, to laugh out loud while we're doing it.
"In finance and economics there are two ways of capturing the madness of human beings. One is the boring way. And the other is the Michael Lewis way.
Sample how the celebrated, puckish author explains the role Germany has been playing in the financial crisis in his latest book Boomerang - The Meltdown Tour.” - Chandni Burman , Daily News and Analysis
Michael Monroe Lewis (born October 15, 1960) is an American non-fiction author and financial journalist. His bestselling books include The Big Short: Inside the Doomsday Machine, Liar's Poker, The New New Thing, Moneyball: The Art of Winning an Unfair Game, The Blind Side: Evolution of a Game, Panic, Home Game: An Accidental Guide to Fatherhood and Boomerang. He has been a contributing editor to Vanity Fair since 2009.
Lewis was born in New Orleans to corporate lawyer J. Thomas Lewis and community activist Diana Monroe Lewis. He attended the college preparatory Isidore Newman School in New Orleans. He attended Princeton University where he received a BA degree (cum laude) in Art History in 1982 and was a member of the Ivy Club.
He went on to work with New York art dealer Daniel Wildenstein. He enrolled in the London School of Economics, and received his MA degree in Economics in 1985. Lewis was hired by Salomon Brothers and moved to New York for their training program. He worked at their London office as a bond salesman. He resigned to write Liar's Poker and become a financial journalist.