The Real Price of Everything: Rediscovering the Six Classics of Economics by Michael Lewis (Editor)

Biography

Twenty-four year-old Princeton graduate Michael Lewis had recently received his master's degree from the London School of Economics when Salomon Brothers hired him as a bond salesman in 1985. He moved to New York for training and witnessed firsthand the cutthroat, scruple-free culture that was Wall Street in the 1980s. Several months later, armed only with what he'd learned in training, Lewis returned to London and spent the next three years dispensing investment advice to Salomon's well-heeled clientele. He earned hundreds of thousands of dollars and survived a 1987 hostile takeover attempt at the firm. Nonetheless, he grew disillusioned with his job and left Salomon to write an account of his experiences in the industry. Published in 1989, Liar's Poker remains one of the best written and most perceptive chronicles of investment banking and the appalling excesses of an era.

Since then, Lewis has found great success as a financial journalist and bestselling author. His nonfiction ranges over a variety of topics, including U.S./Japanese business relations (Pacific Rift), the 1996 presidential campaign (Trail Fever), Silicon Valley (The New New Thing), and the Internet boom (Next: The Future Just Happened). He investigated the economics of professional sports in Moneyball (2003) and The Blind Side (2006); and, in 2008, he edited Panic, an anthology of essays about the major financial crises of 1990s and early "oughts."

Good to Know

Michael Lewis attended Isidore Newman School in his native New Orleans, LA -- a private college prep school that counts among its more distinguished alumni historian Walter Isaacson, children's book author Mo Willems, singer Harry Connick, Jr., and famous pro-football siblings Peyton and Eli Manning.