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Boomerang
The Meltdown Tour
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Check link for latest rating. ( 47,130 ratings, 2,678 reviews)
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Boomerang
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
Right now, Europe is in serious financial chaos. In Greece, infrastructure costs mean it would be cheaper to transport all Greek rail passengers by taxi, and hairdressing is classified as arduous for tax avoidance purposes. This title reveals the true natures of the countries caught up in - and exacerbating - our boomerang economies.
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Description
Boomerang by Michael Lewis is a brilliantly insightful and darkly humorous exploration of Europe’s economic meltdown. In this riveting and timely read, Lewis travels across the continent, uncovering the absurdities and shocking realities of financial systems gone haywire. From the crumbling infrastructure of Greece to the peculiar tax avoidance strategies of hairdressers, each chapter paints a vivid and often hilarious picture of a region in chaos.
In Greece, Lewis details how the national rail system is so inefficient that it would be cheaper to transport all passengers by taxi. Meanwhile, ordinary Icelanders buy luxury cars only to see them mysteriously explode, a scheme to claim insurance money. Over in Ireland, Lewis observes as the entire country seemed to be put up for sale, with property prices plummeting to astonishing lows. As for Germany, the narrative uncovers the incredulity of a disciplined nation expecting others to follow their fiscally responsible ways, only to find that the rest of the world plays by very different rules.
Michael Lewis expertly reveals the inherently flawed and often bizarre behaviours of nations that contributed to, and continue to exacerbate, the global financial crises. His storytelling takes readers behind the headlines and into the heart of the drama, mixing thorough research with sharp wit and engaging anecdotes.
This laugh-out-loud and eye-opening book offers a no-holds-barred look at the fallout from economic greed and incompetence. With trademark humour and intelligence, Lewis exposes the madness lurking beneath the surface of modern finance.
Boomerang has received widespread acclaim:
"Desperately funny" - Daily Telegraph
"Top form" - Spectator
"Fascinating" - The New York Times
"Hilarious" - Irish Independent Review
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
Boomerang by Michael Lewis has been praised for its timeliness and sharply insightful narrative, offering a vivid understanding of fiscal recklessness. Reviewers have found it highly enjoyable, often very funny, and filled with genuine insight. Its exploration of Europe's economic issues is noted as both entertaining and thought-provoking, with Lewis's storytelling and wit receiving widespread acclaim.
Book Details
INFORMATION
ISBN: 9780241955024
Publisher: Penguin Books Ltd
Format: Paperback / softback
Date Published: 06 September 2012
Country: United Kingdom
Imprint: Penguin Books Ltd
Audience: General / adult, Tertiary education, Professional and scholarly
DIMENSIONS
Spine width: 18.0mm
Width: 129.0mm
Height: 198.0mm
Weight: 210g
Pages: 240
About the Author
Michael Lewis was born in New Orleans and educated at Princeton University and the London School of Economics. He has written several books including the New York Times bestsellers Liar's Poker, widely considered the book that defined Wall Street during the 1980s, The Big Short, 'probably the single best piece of financial journalism ever written' (Reuters), the breakneck tour of Europe's post-crunch economy, Boomerang, and the bestselling expose of high-speed financial scams, Flash Boys. Lewis is contributing writer for The New York Times Magazine and writes for Vanity Fair and Portfolio magazine.
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