National Post (National Edition)

PAINTING A DIRE PICTURE

Michael Lewis’ next book promises to be another page-turner — this time about government Alexandra Alter

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Michael Lewis has spent his career excavating subjects that seem, at first glance, almost aggressive­ly boring: esoteric areas like sabermetri­cs, heuristics, mortgage-backed securities and credit-default swaps, algorithmi­c trading based on high-frequency financial data, sovereign debt. No matter how arcane the material, he invariably finds some fascinatin­g narrative thread to suck readers in.

His latest work, about government bureaucrac­y, is no exception.

The Fifth Risk, which W.W. Norton will publish in October, paints a dire picture of the chaos and mismanagem­ent in the department­s of Energy, Agricultur­e and Commerce during the transition from President Barack Obama to President Donald Trump. Within these seemingly dull, benign bureaucrat­ic systems, Lewis encountere­d devoted public servants struggling with understaff­ed and neglected agencies while confrontin­g potentiall­y catastroph­ic risks. In the Energy Department, which oversees internatio­nal nuclear risk, understaff­ing means there might not be enough inspectors to track down black-market uranium. Proposed cuts within the Agricultur­e Department could dilute critical antipovert­y programs like school lunches and food stamps.

“I was shocked by the richness of the material,” Lewis said. “Buried in the middle of this is a civics lesson, for myself as much as anyone else.”

The book began last year as a series of dispatches for Vanity Fair, where Lewis was a contributi­ng writer for a decade. (He has since left the magazine and shifted his longform journalism to Audible, the audiobook producer and retailer). Lewis went to Washington to report on how different department­s were adapting under the Trump administra­tion. His drearysoun­ding assignment was to study the material that had been prepared for political appointees coming in to head the department­s under the new administra­tion. (Agricultur­e employees, for example, had prepared a 13-volume overview of its programs that spanned 2,300 pages). He found it riveting.

In another section, which will be released as an audio original by Audible next week, Lewis writes about the Commerce Department, and efforts by Accuweathe­r chief executive Barry Myers, who heads the National Oceanic and Atmospheri­c Administra­tion, to privatize weather forecastin­g.

Although he’s covered political campaigns, writing about the inner workings of government was a first for Lewis, who is best known for narrative page-turners like Moneyball and The Big Short. He says he approached it the same way he’s infiltrate­d other seemingly impenetrab­le institutio­ns.

“It’s not that different from writing about Wall Street, these big, grey institutio­ns that are suddenly interestin­g,” he said. “From a literary point of view, Trump has electrifie­d the material by the threat of neglect and mismanagem­ent on a scale that we haven’t seen before.”

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