In 'The Fifth Risk,' Michael Lewis dives into the chaotic transition between the Obama and Trump administrations, unveiling the unseen but crucial responsibilities of government. He explores how risks to society are often underestimated, focusing on the dedicated civil servants who are tasked with managing these hidden dangers. Through compelling anecdotes and sharp insights, Lewis reveals the fragility of democracy and the importance of expertise in governance. The narrative raises urgent questions about what happens when knowledge and competence are disregarded. This thought-provoking book challenges readers to consider the unseen stakes in politics and the delicate balance of power.
By Michael Lewis
Published: 2019
"The most powerful thing any of us can do is to imagine the worst and prepare for it, because the future is always uncertain."
New York Times Bestseller What are the consequences if the people given control over our government have no idea how it works? "The election happened," remembers Elizabeth Sherwood-Randall, then deputy secretary of the Department of Energy. "And then there was radio silence." Across all departments, similar stories were playing out: Trump appointees were few and far between; those that did show up were shockingly uninformed about the functions of their new workplace. Some even threw away the briefing books that had been prepared for them. Michael Lewis’s brilliant narrative takes us into the engine rooms of a government under attack by its own leaders. In Agriculture the funding of vital programs like food stamps and school lunches is being slashed. The Commerce Department may not have enough staff to conduct the 2020 Census properly. Over at Energy, where international nuclear risk is managed, it’s not clear there will be enough inspectors to track and locate black market uranium before terrorists do. Willful ignorance plays a role in these looming disasters. If your ambition is to maximize short-term gains without regard to the long-term cost, you are better off not knowing those costs. If you want to preserve your personal immunity to the hard problems, it’s better never to really understand those problems. There is upside to ignorance, and downside to knowledge. Knowledge makes life messier. It makes it a bit more difficult for a person who wishes to shrink the world to a worldview. If there are dangerous fools in this book, there are also heroes, unsung, of course. They are the linchpins of the system—those public servants whose knowledge, dedication, and proactivity keep the machinery running. Michael Lewis finds them, and he asks them what keeps them up at night.
Showing 8 of 30 similar books
Naval Ravikant is an entrepreneur, angel investor, and philosopher, best known as the co-founder of AngelList, a platform that connects startups with investors. Ravikant is a prolific thinker and writer on topics such as startups, investing, and personal well-being, sharing his wisdom through essays, podcasts, and social media. He has invested in over 100 companies, including Uber, Twitter, and Yammer, making him one of Silicon Valley’s most successful angel investors. Ravikant is also known for his philosophical musings on wealth, happiness, and the meaning of life, which have garnered him a large and dedicated following.
Ezra Klein is a prominent American journalist, political analyst, and author, renowned for his incisive commentary on politics and policy. He co-founded Vox, a widely respected news website known for its explanatory journalism, and served as its editor-in-chief. Klein's work includes the critically acclaimed book "Why We're Polarized," which delves into the deep-seated divisions in American politics. He also hosts "The Ezra Klein Show," a popular podcast where he interviews thought leaders from various fields. Klein's contributions have significantly shaped contemporary political discourse and media consumption.
Alex Honnold is an American professional rock climber, best known for his free solo ascent of El Capitan in Yosemite National Park, a feat that was documented in the Oscar-winning film Free Solo. Honnold is renowned for his mental toughness, technical skill, and ability to climb without ropes or safety equipment. His accomplishments have made him a legend in the climbing world, and he continues to push the boundaries of the sport. Outside of climbing, Honnold is a philanthropist, founding the Honnold Foundation, which supports environmental sustainability projects, particularly in solar energy.
Barack Obama is the 44th President of the United States, serving from 2009 to 2017. As the first African American president, Obama’s leadership marked a historic moment in American history. His administration focused on healthcare reform, economic recovery from the Great Recession, and environmental policies. He is best known for the Affordable Care Act, as well as his efforts to expand civil rights and restore diplomatic relations with Cuba. Since leaving office, Obama has continued to engage in public life through his foundation, focusing on leadership development, civic engagement, and global issues.
Coleen Baik is an American designer, artist, and entrepreneur, known for her work in the tech industry, including as a founding team member of Twitter. Baik played a key role in shaping the user experience and design of Twitter in its early days, contributing to its iconic interface. She is also the founder of Baik Art, a multidisciplinary art studio that blends technology and visual art. Baik is passionate about using design to create meaningful and user-centered digital experiences, and she frequently speaks on topics related to innovation, design, and creativity. Her work has made her a prominent figure in the intersection of tech and design.
Anderson Cooper is an esteemed American journalist and television personality, best known for anchoring "Anderson Cooper 360°" on CNN. He has gained widespread recognition for his incisive reporting on major global events, earning multiple Emmy Awards for his work. Cooper is also an accomplished author, having penned the best-selling memoir "Dispatches from the Edge," which chronicles his experiences covering some of the world's most perilous conflicts and disasters. His literary contributions extend to "The Rainbow Comes and Goes," a poignant dialogue with his mother, Gloria Vanderbilt, that explores themes of family and resilience. Through his work in both journalism and literature, Cooper has made a significant impact on contemporary media and storytelling.
Nassim Nicholas Taleb is a Lebanese-American author, scholar, and risk analyst, best known for his work on uncertainty, probability, and risk. His books, including The Black Swan and Antifragile, explore how rare and unpredictable events shape the world and how individuals and systems can become more resilient to shocks. Taleb’s insights on risk management have influenced fields ranging from finance to medicine, and he is known for his outspoken criticism of conventional wisdom. His ideas about randomness, decision-making, and the limitations of human knowledge have made him a leading thinker in modern economics and philosophy.
Andrew Chen is a venture capitalist, entrepreneur, and thought leader in growth marketing, currently serving as a general partner at Andreessen Horowitz. Chen is known for his expertise in network effects, viral growth strategies, and marketplace dynamics, making him a sought-after advisor for startups looking to scale. Prior to joining Andreessen Horowitz, he worked in leadership roles at Uber, helping to grow the ride-sharing platform’s user base and develop key growth strategies. Chen is also a prolific writer, sharing his insights on growth, technology, and startups through his popular blog and newsletter, which has attracted a loyal following in the tech community. His work has helped shape how many startups approach user acquisition, retention, and product-market fit. As a venture capitalist, Chen focuses on early-stage companies in the consumer internet, SaaS, and marketplace sectors, and he has been involved in funding and advising several successful startups. His insights on technology and growth continue to influence both founders and investors alike.
Showing 8 of 17 related collections
“The most powerful thing any of us can do is to imagine the worst and prepare for it, because the future is always uncertain.”
The Fifth Risk
By Michael Lewis
Discover a world of knowledge through our extensive collection of book summaries.
Michael Lewis is an acclaimed American author and financial journalist known for his compelling narratives that explore the intricate worlds of finance and economics. He gained fame with his bestselling book "Liar's Poker," which offers a candid glimpse into the Wall Street culture of the 1980s. Lewis's other notable works, such as "Moneyball," "The Blind Side," and "The Big Short," have all been adapted into successful films, further cementing his influence on popular culture. His writing is characterized by its sharp wit, engaging storytelling, and deep insights into the human behavior behind economic phenomena. In addition to his books, Lewis is a contributing writer for publications like the New York Times and Vanity Fair, where he continues to analyze contemporary financial issues.
Key information about the book.
Buy on Amazon
Buy via BookShopSupport local bookstores: BookShop gives a portion of each sale to independent bookshops!
In 'Inevitable Revolutions', Walter LaFeber delves into the history of U.S. involvement in Central America, revealing the complex interplay between ideologies and national interests. With eloquent storytelling, LaFeber highlights the economic and political forces that led to revolutions, casting a revealing light on America's role as both a supporter and suppressor of democracy. The book challenges readers to reconsider the narrative of American exceptionalism, raising questions about accountability and the consequences of intervention. Through case studies of specific nations, LaFeber illustrates the paradox of U.S. foreign policy—intentions versus outcomes. This thought-provoking work leaves readers pondering the true cost of 'freedom' as seen through the lens of American influence.
In 'Kennedy's Quest for Victory,' Thomas G. Paterson unveils the intricacies of John F. Kennedy's presidential campaign and his strategic maneuvers during the pivotal Cold War era. Delve into the fierce political battles, the role of media, and the impact of pivotal events such as the Cuban Missile Crisis that shaped his presidency. Paterson provides a compelling analysis of how Kennedy’s quest for victory not only influenced American politics but also global dynamics. With rich historical context and vivid storytelling, this book invites readers to reconsider the legacy of one of America’s most iconic leaders. Discover the untold stories and the crucial decisions that defined a generation.
In 'Crises of Democracy', Adam Przeworski explores the fragile foundations upon which democratic governments stand. He delves into the causes of contemporary democratic crises, revealing how economic inequality, political polarization, and eroding trust can destabilize societies. Przeworski offers a thought-provoking analysis of historical examples, prompting readers to consider whether democracy can survive in the face of these challenges. With a blend of political science insights and compelling narratives, the book invites reflection on the future of governance. Can democracy endure, or are we witnessing its twilight?
In 'Accidental Presidents', Jared Cohen explores the unexpected rise of U.S. leaders who ascended to the presidency by chance rather than through traditional paths. From political mishaps to sudden deaths, these leaders had to navigate unique challenges that transformed their presidencies and the nation. Cohen delves into their distinct personalities and pivotal moments, revealing how fortune and fate can shape history. This compelling narrative raises questions about leadership, legacy, and the unpredictability of political power. Discover how chance encounters led to monumental changes and what this means for the future of American leadership.
"American Lion" by Jon Meacham delves into the life of Andrew Jackson, one of America's most controversial presidents. Meacham paints a vivid portrait of Jackson's fierce leadership and tumultuous presidency during a pivotal era in U.S. history. The book explores Jackson's complex legacy, from his championing of democracy to his stark policies regarding Native Americans. Through rich storytelling and meticulous research, Meacham invites readers to grapple with the dualities of Jackson's character and the implications of his choices. Will you uncover the man behind the myth and understand how his presidency shaped the nation?
In 'Confidence Men,' Ron Suskind pulls back the curtain on the Obama administration, revealing the intricate dance of deception and ambition that characterized its early days. Through vivid anecdotes and incisive analysis, Suskind examines how key figures navigated the tumultuous landscape of politics, recession, and reform. The book delves into the psyche of confidence and how it can inspire both hope and disillusionment. With a keen eye for detail, Suskind crafts a narrative that questions the integrity of leadership in times of crisis. Prepare to explore the blurred lines between confidence and manipulation in a gripping political drama.
In 'A Peace to End All Peace', David Fromkin unravels the intricate web of events that led to the creation of the modern Middle East after World War I. With compelling narratives, Fromkin reveals how the decisions made by imperial powers set the stage for decades of conflict. This historical analysis not only highlights the reckless diplomacy of the time but also exposes the enduring consequences of these choices on today's geopolitical landscape. As tensions rise in the region, the book prompts readers to ponder: can any lasting peace ever truly emerge from such a fractured legacy? Dive into this thought-provoking exploration of history, power, and the quest for stability in a tumultuous world.
In 'Girls Like Us,' Rachel Lloyd shares her powerful journey as a former victim of the sex trade, revealing the harsh realities faced by young women caught in the cycle of exploitation. Through personal anecdotes and the stories of others, she exposes the societal forces that perpetuate this trafficking. Lloyd not only sheds light on the girls' struggles but also celebrates their strength and resilience in overcoming adversity. Her narrative is a call to action, urging readers to recognize and combat the injustices surrounding modern-day slavery. This compelling memoir blends heart-wrenching truth with hope, leaving readers inspired to make a difference.
Download our mobile app to enjoy your favorite books on the go. Get access to exclusive features, offline listening, and personalized recommendations.
