Boomerang by Michael Lewis

Boomerang: Travels in the New Third World by Michael Lewis
My rating: 5 of 5 stars

I read this short book in one evening. Lewis visits Iceland, Greece, and Ireland investigating their recent (and current) financial crises. Even though superficially, the three countries' problems sound similar, he looks deep into their national character to get to the underlying issues. He then visits California and looks into that state's finances and a local municipality which had to declare bankruptcy. Lewis is not afraid to express his opinion about the underlying causes - which should be a bit of a wake-up to us all.

I recommend it even if you don't read a lot about finances or governments.

View all my reviews