Book · 2012 · Business & Economics
Boomerang
Travels in the New Third World
Why people recommend it
Boomerang by Michael Lewis is a nonfiction book that examines the global financial crisis and how reckless borrowing and public spending caused economic collapse in various nations and municipalities. Bryan Callen recommended Michael Lewis's book on The Rubin Report while discussing government unions and public spending in places like California, highlighting how the author effectively showcased these financial issues. Later, on The Joe Rogan Experience, Callen brought up the book again, mentioning that he had just read the work by Michael Lewis about California politics and how specific towns, such as Stockton, went broke because of unsustainable pension plans and related budgetary mismanagement. Callen valued the insights provided in the text regarding local government fiscal troubles.
Who recommended it
- Bryan Callen Recommended
Bryan Callen — 2 mentions
“and I just read a book on California politics by Michael Lewis called Boomerang about sort of like how a lot of the towns like Stockton went broke because of the pension plans and all that [__] blah blah blah”
“Michael Lewis wrote a good book, highlighting this in a book called, "Boomerang." I recommend it to people”