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Boomerang: Travels in the New Third World


“Lewis shows again why he is the leading journalist of his generation.”—Kyle Smith, Forbes

The tsunami of cheap credit that rolled across the planet between 2002 and 2008 was more than a simple financial phenomenon: it was temptation, offering entire societies the chance to reveal aspects of their characters they could not normally afford to indulge.

Icelanders wanted to stop fishing and become investment bankers. The Greeks wanted to turn their country into a piñata stuffed with cash and allow as many citizens as possible to take a whack at it. The Germans wanted to be even more German; the Irish wanted to stop being Irish.


Michael Lewis's investigation of bubbles beyond our shores is so brilliantly,

sadly hilarious that it leads the American reader to a comfortable complacency: oh, those foolish foreigners. But when he turns a merciless eye on California and Washington, DC, we see that the narrative is a trap baited with humor, and we understand the reckoning that awaits the greatest and greediest of debtor nations.






Three brilliant yet simple explanations in a row of what went wrong with our financial system: Liar's Poker, The Big Short and now Boomerang.

An invaluable and highly-entertaining guide to understanding some of the fiscal mess we are in – a critical first step in trying to clean it up!

Bill Cowie


Must read

Yet again, Lewis brings life and clarity to an otherwise dismal and impregnable subject. The characters are thoughtfully chosen and almost uniformly appealing. A quick read with a clear (and rather troubling) thesis.



  Name Author Category Published  
Economics Virginia Department of Education Economics 08/01/12
iPad Profiles: Enterprise Apple Inc. – Business Computers 04/03/13
iPad at Work Apple Inc. – Business Engineering 08/05/11
A Little Bit of Everything For Dummies John Wiley & Sons, Inc. Personal Finance 11/16/11
35 Tips on Saving Money Wolfgang Riebe Small Business & Entrepreneurship 11/30/11
Think and Grow Rich Greg Habstritt & Napoleon Hill Economics 12/23/10
Steve Jobs Walter Isaacson Biographies & Memoirs 10/24/11
How to Start a Business Jason Nazar & Rochelle Bailis Small Business & Entrepreneurship 11/30/12
37 Winning Tips & Strategies of Self-Made Millionaire Entrepreneurs Millionaire MBA Marketing & Sales 05/03/11
A Taste of Irrationality Dan Ariely Business & Personal Finance 07/28/10
The Power of Habit Charles Duhigg Management & Leadership 02/28/12
How To Win Friends and Influence People Dale Carnegie Psychology 08/24/10
iPad Profiles – Small Business Apple Inc. – Business Economics 08/24/12
Everyday Ways To Enjoy Success At Work Robb Thompson Self-Improvement 06/14/10
The Big Short: Inside the Doomsday Machine Michael Lewis Economics 02/01/11
Eliminate Your Debt Like a Pro Steve Rhode Personal Finance 04/07/10
MBA Fundamentals Accounting and Finance Michael P. Griffin Industries & Professions 05/14/10
925 Ideas to Help You Save Money, Get Out of Debt and Retire a Millionaire So You Can Leave Your Mark On the World Devin Thorpe Self-Improvement 11/17/12
How to Win at the Sport of Business Mark Cuban Management & Leadership 11/20/11
Technology Business Management Technology Business Management Council Management & Leadership 06/19/12
How to Promote Your Business (or yourself) Lisa Saunders Marketing & Sales 04/29/11
Bit Literacy Mark Hurst Management & Leadership 06/15/07
The Myth of the Garage Dan Heath & Chip Heath Small Business & Entrepreneurship 11/08/11
Simple Rules for Effective Business Communication Jennifer Mosher Marketing & Sales 07/05/11
Decision Analysis Using Decision Tables and Business Rules Ronald G. Ross, Gladys S.W. Lam & Keri Anderson Healy Management & Leadership 10/08/10
More or Less: The Experiment Jeff Shinabarger Christianity 04/11/13
34 Tips On How To Make & Save Some Money Dennis M. Finance 03/20/12
Boomerang: Travels in the New Third World Michael Lewis Economics 10/03/11
What the Most Successful People Do Before Breakfast Laura Vanderkam Management & Leadership 06/12/12
All Employees Are Marketers Richard Parkes Cordock Marketing & Sales 02/12/10
Thinking, Fast and Slow Daniel Kahneman Psychology 10/25/11
Winning the Zero Moment of Truth – ZMOT Jim Lecinski Industries & Professions 06/17/11
Small Business Resource Guide Kyle Benusa, Michael Bucci, Mark Deutsch, Chad Doty, Bruce Dreisbach, Larry Elinskas, Charlotte Jensen, Bill Keeler, Steve Kimball, Mike McGinley, Jeff Mitchell, Sean Murphy, Brian Muse, Susan Childers North, Jeffrey Pollack, Robin Smith, Brian Teague, Beth VanStory & Virginia Department of Business Assistance Small Business & Entrepreneurship 04/10/12
The Path to Happiness and Wealth Steve Rhode Personal Finance 04/07/10
iPad Publishing Guide Michael Ashley Business & Personal Finance 06/27/10
Social Media Reading Sampler: Book Excerpts by David Meerman Scott, Brian Halligan, Dharmesh Shah, Ann Handley, C.C. Chapman, Scott Stratten Wiley Business & Personal Finance 12/14/11
Freakonomics Rev Ed Steven D. Levitt & Stephen J. Dubner Business & Personal Finance 02/17/10
Capital Markets Guide 2011 Sybase, an SAP Company Finance 05/15/11
The Tipping Point Malcolm Gladwell Business & Personal Finance 11/01/06
The Ultimate Real Estate Investing Blueprint: How to Quit Your Job in 19 Weeks or Less Sean Terry Industries & Professions 09/08/11
Personal Finance For Dummies ®, Mini Edition Eric Tyson Personal Finance 12/07/10
Blink Malcolm Gladwell Business & Personal Finance 04/03/07
The Little Book of Business B******t (Enhanced Version) Kevin Duncan Business & Personal Finance 09/27/11
Employee Development: Big Business Results on a Small Business Budget Landrum Human Resources Industries & Professions 02/25/11
Give and Take Adam M. Grant, Ph.D. Management & Leadership 04/09/13
Improving Small Business Cash Flow Craig Orr Finance 06/16/11
Resume & Cover Letter Tips Rob John Frank Careers 09/17/12
Salt Sugar Fat Michael Moss Business & Personal Finance 02/26/13
Getting Things Done David Allen Management & Leadership 12/31/02
Creating Wealth In Business George Lee Sye Management & Leadership 04/20/11

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