How do you start closing the gap between rich and poor? Convince the rich to do it themselves.
On the urge to live in a house you can't afford, the "acceptable lust" of American life.
How Brad Katsuyama, a trader at the sleepy Royal Bank of Canada, discovered that the stock market was rigged and assembled a team to change it.
Adapted from Flash Boys: A Wall Street Revolt.
On the best teacher the writer ever had.
Shortly before leaving Goldman Sachs, Sergey Aleynikov downloaded around 32mb of source code from their high-frequency stock-trading system. Even as he was sent away for an eight year bid in federal prison, no one seemed to fully understand exactly what he did.
Unprecedented access to six months in the life of the President of the United States.
On a pair of Israeli psychologists who between 1971 and 1984 “published a series of quirky papers exploring the ways human judgment may be distorted when we are making decisions in conditions of uncertainty.”
From Vallejo to San Jose, a tour of local government despair:
The relationship between the people and their money in California is such that you can pluck almost any city at random and enter a crisis.More Lewis: the complete financial disaster tourism series to date.
The original article on Billy Beane and the Oakland A’s, published a month before the release of Moneyball.
As Europe, led by Greece and Ireland and followed by Portugal and Spain, tumbles towards economic catastrophe, only one nation can save the continent from financial ruin: a highly reluctant Germany.
In the late ’80s, Lewis went to Japan to research a hypothetical: what would the economic fallout be if a major quake hit?
How a nation went bankrupt. “Ireland’s regress is especially unsettling because of the questions it raises about Ireland’s former progress: even now no one is quite sure why the Irish suddenly did so well for themselves in the first place.”
Guz Dominguez says he was trying to help baseball players from Cuba; the U.S. government says he was smuggling athletes. The truth is more complicated.
Riots in Athens, the shadowy Vatopaidi monastery, and a quarter million dollars in debt for every citizen. Welcome to Greece.
Less than a week after Katrina, Michael Lewis goes home to New Orleans.
Can the Houston Rockets’ Shane Battier score zero points in an NBA game and still be the most important player on the floor?
Using several email addresses and a lot of exclamation points, teenager Jonathan Lebed worked finance message boards in the morning before school and made almost a million bucks. Then he made the head of the S.E.C. look like a fool.