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The Fifth Risk

This book can be downloaded and read in Apple Books on your Mac or iOS device.

Description

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.

From Publishers Weekly

Oct 01, 2018 – Lewis (The Big Short) exposes a less sensational but significant danger posed by the Trump administration's approach to governance. As he recounts in an ambiguously sourced prologue, Trump's transition team actively refused to learn about much of what the federal government does, and made ill-considered leadership and budget choices regarding three obscure, but vital, agencies: the Departments of Energy, Agriculture, and Commerce. Members of each department in the Obama administration prepared detailed briefing materials to educate incoming appointees about the agencies' missions and responsibilities, only to have their work ignored or discounted; for example, when Trump's commerce secretary, Wilbur Ross, was told that the department's mission was mainly science and technology, Ross responded, "Yeah, I don't think I want to be focusing on that." Lewis accessibly explains the important things that Energy, Agriculture, and Commerce actually do, including "reducing the world's supply of weapons of mass destruction," safely disposing of nuclear waste, administering nutritional assistance programs, and collecting data to improve weather forecasting. He also persuasively documents the dangers that result from placing people without the necessary skills in charge of these departments and from cutting funding. This is an illuminating primer on some of the government projects most crucial to the well-being of the populace, and its relevance to readers won't end with the Trump era.

Customer Reviews

A Lewis Flop

I have always enjoyed ML’s books and agreed with and learned things. This one was a flop!! Michael I’m sorry you don’t like President Trump, at least half of the country loves him. He won and I’m guessing your candidate lost. Go back to your old style of writing and keep your political beliefs to yourself.

The Fifth Risk

What a great presentation of facts, people and circumstances into a story that is hard to put down. As scary as many of the details are...it’s important for all Americans to understand the current state and the amazing people that have insured our safety and security throughout their service to our country and communities.
Well done...I only hope Mr. Lewis gets on more shows to share his findings. I see another movie in the making soon.

Interesting narrative, interesting thesis, but.....

Is this a book? I read this in e-book form so when it ended, I was surprised. Lewis's thesis is not fully-fleshed out, but is well-supported in parts. No real conclusions or predictions or parallels to other branches of government--why or why not.

The Fifth Risk
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  • $12.99
  • Available on iPhone, iPad, iPod touch, and Mac.
  • Category: Politics & Current Events
  • Published: Oct 02, 2018
  • Publisher: W. W. Norton & Company
  • Seller: W.W. Norton & Company, Inc.
  • Print Length: 256 Pages
  • Language: English
  • Requirements: This book can only be viewed on an iOS device with Apple Books on iOS 12 or later, iBooks 1.5 or later and iOS 4.3.3 or later, or a Mac with iBooks 1.0 or later and OS X 10.9 or later.

Customer Ratings