The Fifth Risk Book Summary

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."

The Fifth RiskBook binding

Start Listening to Book Summary

0:000:00

Book Review of The Fifth Risk

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.

Book Overview of The Fifth Risk

About the Book Author

M

Michael Lewis

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.

Book Details

Key information about the book.

Authors
Michael Lewis
Published
December 2019
Publisher
National Geographic Books
ISBN
0393357457
Language
English
Pages
N/A
Genres
Political HistoryPolitics and Current Affairs

Purchase Options

Amazon logoBuy on Amazon
BookShop logoBuy via BookShop

Support local bookstores: BookShop gives a portion of each sale to independent bookshops!

Similar books you might like →

The Nightingale's SongBook binding

The Nightingale's Song Book Summary

In 'The Nightingale's Song', Robert Timberg weaves a poignant tapestry of four extraordinary lives intertwined by the tumult of the Vietnam War. Through the lens of these men, he explores themes of sacrifice, resilience, and the pursuit of honor amidst chaos. As their paths intersect, secrets and truths surface, revealing the profound impact of war on their souls and futures. Timberg's narrative is a haunting reminder of the costs of conflict and the redemptive power of friendship. Will these men find peace in the echoes of their past, or are they forever haunted by the shadows of war?

The Nightingale's Song
Robert Timberg
Accidental PresidentsBook binding

Accidental Presidents Book Summary

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.

Accidental Presidents
Jared Cohen
American LionBook binding

American Lion Book Summary

"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?

American Lion
Jon Meacham
Confidence MenBook binding

Confidence Men Book Summary

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.

Confidence Men
Ron Suskind
A People's History of the United StatesBook binding

A People's History of the United States Book Summary

In 'A People's History of the United States,' Howard Zinn redefines the American narrative by focusing on the experiences and struggles of marginalized groups throughout history. This provocative work unveils the hidden stories of Native Americans, slaves, women, and others who have been silenced in traditional historical accounts. Zinn challenges the reader to rethink the very foundations of American society and its values, highlighting the continuous fight for justice and equality. As he dives into pivotal moments where ordinary people stood against power, the book raises questions about who writes history and whose voices are heard. A compelling call to recognize the past in order to inform the future, it leaves readers hungry for deeper truths about the American experience.

A People's History of the United States
Howard Zinn
Democracy for RealistsBook binding

Democracy for Realists Book Summary

In 'Democracy for Realists', Achen and Bartels challenge the popular notion of democratic decision-making, arguing that voters are often uninformed and swayed by their social identities rather than rational choices. They present compelling evidence that political behavior is largely driven by partisanship and personal biases. This provocative exploration raises unsettling questions about the effectiveness of democratic systems as we know them. With a blend of engaging narrative and empirical research, the authors invite readers to reconsider what it truly means to have a government 'of the people.' Prepare to have your understanding of democracy transformed.

Democracy for Realists
Christopher H. Achen, Larry M. Bartels
Bury the ChainsBook binding

Bury the Chains Book Summary

In 'Bury the Chains', Adam Hochschild recounts the gripping story of the abolitionist movement that shattered the chains of slavery in the British Empire. Through vivid storytelling, he brings to life the brave individuals who dared to challenge the status quo, navigating a web of greed, corruption, and moral quandaries. The book uncovers the often-ignored complexities of advocacy and the tireless efforts behind social change. With a rich tapestry of historical context and personal narratives, Hochschild invites readers to reflect on the enduring struggle for justice. What lessons can we draw from the past, and how far have we really come in the fight against oppression?

Bury the Chains
Adam Hochschild
Time TravelBook binding

Time Travel Book Summary

In 'Time Travel,' James Gleick explores the fascinating concept of time and our attempts to understand and manipulate it. He delves into the history of time travel in literature and science, weaving together perspectives from physics, philosophy, and pop culture. Gleick unveils the paradoxes and possibilities that arise when we consider time as a pliable dimension. Through engaging anecdotes and thought-provoking ideas, he sparks curiosity about how time travel challenges our perceptions of reality. This book invites readers to ponder the intriguing question: what if we could truly bend time?

Time Travel
James Gleick

Showing 8 of 26 similar books

Take your reading experience to the next level

Download our mobile app to enjoy your favorite books on the go. Get access to exclusive features, offline listening, and personalized recommendations.

Download on the App Store

Similar Book Recommendations →

Barack Obama's Book Recommendations

Barack Obama's Book Recommendations

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.

PoliticsMemoirs and BiographiesSuccess Stories and Life Lessons
Matt Damon's Book Recommendations

Matt Damon's Book Recommendations

Matt Damon is an acclaimed American actor, screenwriter, and producer known for his significant contributions to both film and literature. He co-wrote and starred in "Good Will Hunting," which earned him an Academy Award for Best Original Screenplay. Damon's storytelling prowess extends to his involvement in the Jason Bourne series, where his portrayal of the titular character was both a critical and commercial success. In addition to his screenwriting accolades, Damon's influential works address complex themes of identity and resilience. His contributions have left a lasting impact on contemporary cinema and narrative arts.

Media and Pop CultureInspiring ReadsMemoirs and Biographies
Jamie Foxx's Book Recommendations

Jamie Foxx's Book Recommendations

Jamie Foxx is an American actor, comedian, and singer, known for his versatility across various forms of entertainment. He won an Academy Award for his portrayal of Ray Charles in the biopic Ray and has appeared in numerous films, including Django Unchained and Collateral. Foxx is also a successful musician, having released multiple albums and collaborated with top artists in the music industry. His ability to move between comedy, drama, and music has made him one of the most talented and respected performers in Hollywood. Beyond his entertainment career, Foxx is a philanthropist, supporting various causes related to health and education.

Memoirs and BiographiesMedia and Pop CultureInspiring Reads
Jocko Willink's Book Recommendations

Jocko Willink's Book Recommendations

Jocko Willink is a retired Navy SEAL officer, renowned for his leadership during the Battle of Ramadi in the Iraq War, which earned him the Silver Star and Bronze Star. Transitioning from military service, he co-authored the best-selling book "Extreme Ownership: How U.S. Navy SEALs Lead and Win" with fellow SEAL Leif Babin, which has become a cornerstone in leadership and management literature. Willink has also written the "Way of the Warrior Kid" series, aimed at empowering young readers with principles of discipline and resilience. Additionally, he hosts the popular "Jocko Podcast," where he discusses leadership, discipline, and personal development. Willink's influence extends beyond literature through his Echelon Front leadership consultancy, helping organizations implement effective leadership strategies.

Business and LeadershipSuccess Stories and Life LessonsSelf-Improvement
Michael Wong's Book Recommendations

Michael Wong's Book Recommendations

Michael Wong is a celebrated author known for his profound impact on contemporary literature. His debut novel, "Echoes of Tomorrow," garnered critical acclaim for its innovative narrative structure and deep exploration of human connections in a dystopian future. Wong has also been recognized for his poignant short stories, which have been featured in several prestigious literary journals. His contributions to literature were honored with the Pen/Faulkner Award in 2021. Beyond his writing, Wong is an advocate for literary education, frequently conducting workshops and mentoring aspiring writers.

Inspiring ReadsMemoirs and BiographiesCreativity and Innovation
Bill Nye's Book Recommendations

Bill Nye's Book Recommendations

Bill Nye, also known as "Bill Nye the Science Guy," is an American science communicator, mechanical engineer, and television presenter. He rose to fame as the host of the popular children’s science show Bill Nye the Science Guy, which educated a generation of young viewers on scientific concepts in an accessible and entertaining way. Nye is a passionate advocate for science education and environmental causes, particularly in the fight against climate change. He has continued his mission to make science accessible through various media, including books, public speaking, and a Netflix series titled Bill Nye Saves the World. Nye frequently appears as a guest on talk shows and news programs to discuss science-related topics and the importance of evidence-based policies. In addition to his television work, Nye is also the CEO of The Planetary Society, a nonprofit organization that promotes space exploration. His contributions to science communication have earned him widespread recognition and numerous awards.

Science and NatureInspiring ReadsEducation
Andrew Chen's Book Recommendations

Andrew Chen's Book Recommendations

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.

Business and LeadershipTechnology and FutureFounders Playbook
Alex Honnold's Book Recommendations

Alex Honnold's Book Recommendations

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.

Inspiring ReadsSuccess Stories and Life LessonsSportsActivist

Showing 8 of 12 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

Frequently Asked Questions