EAN: 9781324002642

THE FIFTH RISK - MICHAEL LEWIS GEBUNDEN

"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.

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