November 12, 2021
MarkBernstein.org
 

The Big Short

The Big Short
Michael Lewis

(order)

(November 12, 2021)

I asked my Twitter followers to suggest some non-fiction books from the past decade that had become proverbial, in the way that Hersey’s Hiroshima and Carson’s Silent Spring were books that everyone knew and that shaped everyone’s conversation. This was one of the suggestions from Mark Paul.

It’s a terrific book, a vivid look at the 2008 collapse and the forces that drove it. The book brightened my commutes, something I greatly needed. It’s very occasionally repetitive, but that’s likely inevitable in a book that necessarily deals with financial derivatives. It certainly makes me furious, which is the intended effect.