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Sun Sep 22, 2019, 11:38 PM

Just finished "The Fifth Risk" by Michael Lewis. Great book. Well written and very, very interesting [View all]

Last edited Mon Sep 23, 2019, 08:12 AM - Edit history (1)

Highly readable, as are all his books. Covers some of the “buried” functions that our government performs and how important they are. Based on real profiles of and interviews with people who work in these functions. I couldn’t put it down until I finished it.
It’s really, really interesting and I learned a lot. Didn’t want it to end.

“What would you name as the top 5 risks?
Lewis asks this question to former government employees from the departments of Energy, Agriculture, and Commerce about their agencies.
The former chief risk officer at Energy answers: 1) a broken arrow (a lost or damaged nuclear missile/bomb), 2 and 3) North Korea and Iranian nuclear aggression, 4) the vulnerability of the electrical grid.
It is the 5th risk that Lewis focuses on, and it where the book’s title comes from. That risk is bad project management.
Most of what the government does, as Lewis points out, only makes the news when things go very badly. The real work of government involves dealing with enormously complex challenges that can’t be managed by the market.”

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Reply Just finished "The Fifth Risk" by Michael Lewis. Great book. Well written and very, very interesting [View all]
SharonAnn Sep 2019 OP
The Velveteen Ocelot Sep 2019 #1
mahina Sep 2019 #2
Jim__ Sep 2019 #3
Crabby Appleton Sep 2019 #4
lunatica Sep 2019 #5