The Fifth Risk

Hardcover, 221 pages

English language

Published Nov. 8, 2018 by W. W. Norton & Company.

ISBN:
978-1-324-00264-2
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OCLC Number:
1035748189

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4 stars (21 reviews)

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 gain without regard to the long-term cost, you are better off not knowing the cost. If you want to preserve your personal immunity to the hard problems, it's better never to understand those problems. There is an upside to ignorance, and a downside to knowledge. Knowledge makes life messier. It makes it a bit more difficult for a …

1 edition

Review of 'The Fifth Risk' on 'Goodreads'

4 stars

In this compelling book, Michael Lewis describes the chaos and lack of curiosity that pervaded the Trump transition. Drawing on first-hand accounts from leaders of the departments of Energy, Agriculture, and Commerce (all of which do much more than most people know), he identifies the risks such a lack of curiosity carry for the American people. He then launches into what seems at first like a long tangent into the unsung efforts of NOAA and the National Weather Service. But this tangent serves to drive his point home: those who would dismantle government services in favor of private enterprise are ignorant of just how much they would lose.

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Subjects

  • Politics and government
  • Civil service
  • Management
  • Administrative agencies
  • Public administration
  • Government executives

Places

  • United States

Lists