You don’t have to spend too much on time online before you run into conspiracy theorists who claim dubious forces are manipulating the world’s financial systems. They say the system is unfairly set up to make it impossible for the average person to be successful. Believers in this conspiracy would do well to remember the adage known as Hanlon’s razor: never attribute to malice that which is adequately explained by stupidity. It is the stupidity in the financial system that is documented in Michael Lewis’s The Big Short.
The Big Short: Inside the Doomsday Machine, by Michael Lewis Review by Peter Mosier