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Money Culture
By Michael Lewis
Penguin USA, 1992 - 283 pages

This is a collection of essays previously published in newspapers and magazines around the nation where some 10 years ago we could witness Lewis' early literary attempts. The book was consistently funny, insightful, and a good primer on several financial issues that dominated the 1980's.  Most of these articles, for those interested in the authors’ chronological history, came after he wrote his groundbreaking financial humor book entitled Liars Poker, which is regarded as a “must read” for anyone entering into the investment banking industry, particularly in bond trading where we he worked.

Mr. Lewis’ writing style is great, which is why I read his book entitled Next, another good read if you are interested.  Most of the topics in this book cover financial/business culture issues that date back during the late eighties, so there's also a bit of historical perspective to it.

The topics are a wide array and include stories about the domestic S&L scandal, some events that occurred in the French Bourse (their word for a stock market), the proliferation of the American Express Card during the 1980s, some offshore banking insights, Louis Rukeyser, Donald Trump, LBO stories and some comments on the Japanese capitalists.  Like I said, he talks about a wide array of topics but remember that the book is a compilation of many articles. 

 

About the Author:

Michael Lewis is the author of several best-selling books, including Liar's Poker (#1 New York Times national bestseller in both hardcover and paperback), based in part on his own experience working as an investment banker for Salomon Brothers.

Lewis is currently a contributing writer to the New York Times Magazine, a columnist for Bloomberg, and a visiting fellow at the University of California at Berkeley. His freelance writing appears in places including The New Yorker, Slate and Foreign Affairs.

Michael Lewis has served as editor and columnist for the British Weekly The Spectator and as senior editor and campaign correspondent of The New Republic. He has filmed and narrated short pieces for ABC-TV's "Nightline" and has hosted a series on presidential politics for National Public Radio.

He holds a B.A. from Princeton and an MSc in Economics from the London School of Economics.

He lives in Paris, France, with his wife, Tabitha Soren (MTV fame), and their daughter.

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Politicians and economists have been raving about this book since it was published in 2000. 

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An essential book for those looking at economic development and business challenges in the 21st Century.

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