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Panic

by Michael Lewis · 2008

'Everything, in retrospect, is obvious. But if everything were obvious, authors of histories of financial folly would be rich . . . ' From Black Monday to the Asian financial crisis, from the internet bubble to mortgage meltdown, our lives are rules by crazy cycles of euphoria and hysteria that manage to grip the world but are all-too-soon forgotten. In this unique collection of articles, Michael Lewis - ex-trader and bestselling chronicler of avarice and frenzy in the markets - casts a sceptical eye back over the most panicked-about panics of recent decades. He tells a story of boom and busts

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