{"product_id":"2940170711659","title":"Panic!: The Story of Modern Financial Insanity (Abridged)","description":"\u003cb\u003e\u003cbr\u003e Featuring an exclusive interview with the author, \"America's poet laureate of capital\" (\u003ci\u003eThe Los Angeles Times\u003c\/i\u003e) \u003cbr\u003e \u003c\/b\u003e \u003cbr\u003e When it comes to markets, the first deadly sin is greed. In \u003ci\u003ePanic\u003c\/i\u003e!, #1 bestselling author Michael Lewis has chosen several pieces of brilliant journalism to illuminate the most violent and costly upheavals in recent financial history: the Crash of '87, the Russian Default (and the subsequent collapse of Long Term Capital Management), the Asian Currency Crisis of 1999, the Internet Bubble, and the current Sub-Prime Mortgage Disaster. Among the unabridged selections are several pieces by Lewis himself, whose writing also introduces each section, as well as contributions from Nobel Prize-winner Paul Krugman, James Surowiecki and others writing in \u003ci\u003eFortune\u003c\/i\u003e, \u003ci\u003eThe New Yorker\u003c\/i\u003e and \u003ci\u003eThe New York Times\u003c\/i\u003e. \u003cbr\u003e \u003cbr\u003e Some of the pieces paint the mood and market factors leading up to the particular crash, or show what people \u003ci\u003ethought\u003c\/i\u003e was happening at the time. Others, with the luxury of hindsight, analyze what actually happened. There are sobering messages common to these narratives: the lessons that should have been learned along the way were for the most part ignored; and when push comes to shove -- when all investors run to the same side of the boat -- the carefully devised protections against risk turn out to be wishful thinking. \u003cbr\u003e \u003cbr\u003e As proved in \u003ci\u003eLiar's Poker\u003c\/i\u003e, \u003ci\u003eThe New New Thing\u003c\/i\u003e, and \u003ci\u003eMoneyball\u003c\/i\u003e, Lewis is without peer in his understanding of market forces and of human foibles. He is also, arguably, the funniest serious writer in America.","brand":"Simon \u0026 Schuster","offers":[{"title":"Default Title","offer_id":47156646445296,"sku":"2940170711659","price":17.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/2940170711659_p0.jpg?v=1763815014","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/2940170711659","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}