Not Much has Changed; Little Has Been Learned – Michael Lewis (The Big Short) speaks out

Michael Lewis

The Big Short is coming out in paperback today.  It is still #2 on the New York Times Hardcover Business Best Sellers list (just behind #1, with an asterisk, meaning that it is actually tied for #1 with the newer take on the financial meltdown, All The Devils Are Herenow my March selection for the First Friday Book Synopsis).

The Daily Beast has a short interview with the author, Michael Lewis.  Here are two brief excerpts:

After the success of Liar’s Poker you wrote that few readers picked up on the true message of your book and instead read it as a celebratory how-to or guide to the financial world. Do you think readers got the message of The Big Short? The sense that so few people truly understood what was going on.
Or the broader message that the incentives in the financial system were bizarre and in need of changing? Not really.

Your dispatches from around the world on the economic crisis have proved excellent guides to problem spots, so where is next? Is there another Iceland or Greece looming?
Ireland, obviously. I have a piece about it that comes this week in Vanity Fair. After that…New Jersey?

Read the full interview here

You can purchase my synopsis of The Big Short, with audio + handout, at our companion web site, 15minutebusinessbooks.com.

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