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'Michael Lewis is, by a long way, the most important financial writer alive today' Spectator 'As traders would say, this book is a buy' Financial Times By the author of the #1 bestseller THE BIG SHORT and the original business classic LIAR'S POKER comes the classic portrait of the 1980s financial scene. __________ The 1980s was the most outrageous and turbulent era in the financial market since the crash of '29, not only on Wall Street but around the world. Michael Lewis, as a trainee at Solomon Brothers in New York and as an investment banker and later financial journalist, was uniquely positioned to chronicle the ambition and folly that fueled that decade. In these trenchant, often hilarious, true tales we meet the colourful movers and shakers who commanded the headlines and rewrote the rules. Whether he is analysing the unsavoury details of the RJR Nabisco takeover or flaying American Express. Lewis brings to the task a wicked pen and a triumphant sense of humour __________

"A senior editor at Mother Jones dives into the lives of the extremely rich, showing the fascinating, otherworldly realm they inhabit-and the insidious ways this realm harms us all"--

The time was the 1980s. The place was Wall Street. The game was called Liar’s Poker. Before there was Flash Boys and The Big Short, there was Liar's Poker. A knowing and unnervingly talented debut, this insider’s account of 1980s Wall Street excess transformed Michael Lewis from a disillusioned bond salesman to the best-selling literary icon he is today. Together, the three books cover thirty years of endemic global corruption—perhaps the defining problem of our age—which has never been so hilariously skewered as in Liar's Poker, now in a twenty-fifth-anniversary edition with a new afterword by the author. It was wonderful to be young and working on Wall Street in the 1980s: never before had so many twenty-four-year-olds made so much money in so little time. After you learned the trick of it, all you had to do was pick up the phone and the money poured in your lap. This wickedly funny book endures as the best record we have of those heady, frenzied years. In it Lewis describes his own rake’s progress through a powerful investment bank. From an unlikely beginning (art history at Princeton?) he rose in two short years from Salomon Brothers trainee to Geek (the lowest form of life on the trading floor) to Big Swinging Dick, the most dangerous beast in the jungle, a bond salesman who could turn over millions of dollars' worth of doubtful bonds with just one call. As he has continued to do for a quarter century, Michael Lewis here shows us how things really worked on Wall Street. In the Salomon training program a roomful of aspirants is stunned speechless by the vitriolic profanity of the Human Piranha; out on the trading floor, bond traders throw telephones at the heads of underlings and Salomon chairmen Gutfreund challenges his chief trader to a hand of liar’s poker for one million dollars.

How a Nobel Prize-winning theory of the mind altered our perception of reality.

"The Dropout: Elizabeth Holmes and the Theranos Deception" takes you inside the captivating rise and devastating fall of Elizabeth Holmes, a Silicon Valley prodigy who built a billion-dollar company on a foundation of lies. This gripping true-crime story reveals the intricate web of deception that fueled Theranos's meteoric ascent, culminating in a breathtaking collapse. Explore the captivating narrative of Holmes's ambition and charisma as she captivated investors and the media with her vision for a revolutionary blood-testing technology. Witness the intricate workings of a high-stakes con, where manipulation, secrecy, and blind ambition fueled a culture of deception. Uncover the shocking truth behind Theranos's promise of a medical revolution and the reality of faulty technology, manipulated data, and a web of secrecy that went unchallenged for years. Learn about the brave individuals who risked everything to expose the truth and the devastating consequences they faced. Dive deep into the psychology of a con artist, unraveling the motivations behind Holmes's actions, and understanding the forces that propelled her to such extreme lengths. This is the inside story of Silicon Valley's biggest fraud, a cautionary tale of ambition, deception, and the seductive allure of the "fake it till you make it" mentality. Prepare to be captivated by the drama, shocked by the betrayal, and inspired by the courage of those who dared to speak truth to power.

Studies on inequality in modern society and criticism of the euro are leading us to think about the true value of money. A new monetary system is needed. One that belongs to the people: money from the hands of the citizen. A "safe" money and a corresponding financial system. Plus the stability that comes with the introduction of a basic salary. The guarantee that no citizen has to live in inhumane conditions helps to achieve prosperity for all. Without such a social approach, democracy cannot survive in the long run. A free market in the long run, sustainable economic activity and constant growth impulses are not possible. But does the utopia of a new reality with more justice and more humane coexistence have a chance?