Latest Issue
Special Reports
Latest Special Report

Prospect summer recommends: The Big Short

By John Kay  

As gripping as a thriller


As gripping as a thriller

The Big Short by Michael Lewis (Allen Lane, £25)

This book is a remarkable achievement: it is as gripping as a thriller, yet it manages to explain the financial innovation that triggered the 2007-08 financial crisis in straightforward terms. It provides a lucid introduction to the world of subprime mortgages, asset-backed securities and credit default swaps through the eyes of people who understood what was going on—and profited handsomely in consequence. From his first book Liar’s Poker on, Lewis has demonstrated the capacity to illuminate a…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with our newsletter, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

More From Prospect