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Plain English with Derek Thompson

Michael Lewis on How the Global Financial Crisis Explains Trump, Crypto, and Everything Else

Plain English with Derek Thompson

The Ringer

News Commentary, News

4.81.8K Ratings

🗓️ 28 October 2025

⏱️ 71 minutes

🧾️ Download transcript

Summary

Bestselling author Michael Lewis joins the show to talk about how bubbles happen, the legacy of 'The Big Short' and the global financial crisis, 'Moneyball' and how the data analytics revolution conquered sports and entertainment, the difference between being a good investor and being a good investigative journalist, and the craft of writing. Listen to the new audiobook of Michael's hit 'The Big Short' ⁠HERE⁠! If you have questions, observations, or ideas for future episodes, email us at [email protected]. Host: Derek Thompson Guest: Michael Lewis Producers: Devon Baroldi and Kaya McMullen Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

What's up? It's Todd McShay, host of the McShay Show at the Ringer and Spotify.

0:04.7

We're building this thing up and I couldn't be more excited to be back talking college football

0:09.6

and everything NFL draft with the most informed audience out there. That's you.

0:15.1

My co-host, Steve Mention, I will be with you three times a week throughout the football season

0:19.8

with all the latest news, analysis,

0:22.0

and scouting intel from around the league. For even more insight, subscribe to my newsletter,

0:27.8

the McShea report to access my mock drafts, big boards, tape breakdowns, and other exclusive

0:34.0

scouting content you can't get anywhere else.

0:39.2

It's going to be a great season.

0:43.2

And I hope you'll be with us at the McShay show every step of the way.

0:45.9

Hi, this is Ava from Vanta.

0:50.3

In today's digital world, compliance regulations are changing constantly.

0:53.2

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0:55.4

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1:01.3

So whether you're a startup going for your first SOC 2 or ISO-27,01, or a growing enterprise

1:06.4

managing vendor risk, Banta makes it quick, easy and scalable. And I'm not to say that because I work here.

1:12.3

Get started today at banta.com.

1:15.2

Today, Michael Lewis.

1:20.1

In the last few days, I've been reading a book by a great writer who is not today's guest,

1:24.7

the short story master George Saunders. The book is called A Swim in a Pond in the

1:30.2

Rain. In the book, Saunders shares several classic stories from Russian authors like Tolstoy and

1:36.0

Chekhov, and then after publishing or printing those stories inside the book, he takes

...

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