Panic!: The Story Of Modern Financial Insanity by Michael Lewis
Panic!: The Story Of Modern Financial Insanity by Michael Lewis
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Book Summary:
Panic!: The Story of Modern Financial Insanity is a collection of classic articles, essays, and commentary compiled by Michael Lewis that examines some of the most dramatic financial booms, crashes, and market panics in modern history. Covering events such as stock market crashes, speculative bubbles, and financial crises, the book explores how fear, greed, overconfidence, and herd behavior repeatedly influence investors and markets. Through the writings of prominent financial journalists, economists, and investors, readers gain insight into the psychological and economic forces that drive financial instability. The book demonstrates that while markets and technologies change, human behavior often remains the same, making financial manias and panics a recurring feature of economic history.
About the Author
Michael Lewis is an American author and financial journalist renowned for making complex economic and financial topics accessible to general readers. Before becoming a writer, he worked as a bond salesman on Wall Street, an experience that inspired his bestselling book Liar's Poker. Lewis is also the author of acclaimed works such as The Big Short, Moneyball, and Flash Boys. His writing combines investigative reporting, storytelling, and analysis to explain how individuals and institutions shape financial markets and society.
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