100 Books Like A Conspiracy of Paper

I didn’t read Liar’s Poker until fairly recently.

I started working for Dow Jones Newswires during the dot-com boom and saw how greed could drive markets. I worked through the housing boom in the Aughts and the financial crisis, and then started covering bitcoin around 2013. So by the time I got to Lewis’s book, I had a good understanding of how people can become obsessed with money.

But Lewis is just such a good writer, and has such insights into how markets work, that a book about bond buyers in the 1980s still feels like it’s about people trading so many other things today. 

I love the way Wolfe brings one of the more arcane areas of the financial markets to life - namely bankruptcy workout - and skewers the greed and ambition of real estate investors in the 1990s.

I’m a huge admirer of Wolfe’s technique of writing a novel using journalistic interviews, and I’m struck by the way he nails the characters and actions when he describes how the bankruptcy process works. And all while keeping the reader absolutely hooked on the narrative.

I go back to Wolfe’s novels again and again, not just to be amused and entertained but to get a real insight into the dark heart and often absurd workings of the financial system.

I love the way that Archer turns the dry ins and outs of the workings of the British stock market into an adventure tale. I can’t quite believe how many explanations of market activities he manages to describe and explain in the simplest, most easy to understand terms. All while keeping the action going.

I learned from Archer what short selling is, how Ponzi schemes work, the meaning of insider trading, and how pump and dump schemes are set up and executed. I also learned how flawed the British financial markets were until their reform. A fascinating, highly entertaining romp through the city of London.

I love it because it describes exactly how Wall Street used to work in the bad old days of the early 1900s, before the Great Crash and the Great Depression, before sweeping reforms turned it into what is today. I learned so much from this story about the characters who dominated the Street and set it up for failure.

I see all sorts of parallels with the growth of cryptocurrencies and the scams that surround that industry. I love the way Sinclair describes the Wild West, the ferociously greedy mentality of the players back then, and how he details the machinations of Ponzi schemers and fraudsters before there were any laws barring such scoundrels from doing whatever they pleased with gullible investors’ money.

I love all of Jacqueline Winspear’s books about Maisie Dobbs and am sorry to see that the author is retiring this character. I liked Maisie from the first, maybe because the 1920s are an era of fascination for me.

Not only was the mystery a good read, but it led me to do further research on the after-effects of World War I and the toll it took on the young soldiers, most of them barely out of their teens. Winspear is a great storyteller with a compelling heroine.

Child’s Jack Reacher is a classic knight errant, strong, resourceful, and courageous who has headlined dozens of books. But this book stands out because, in the finale, he squares off with a formidable opponent with a hook for a hand.

Reacher struggles to stay conscious during this standoff because he has a woodworking nail stuck in his head, shrapnel from a shotgun blast, that is inexorably shutting down his brain and body. I will remember that passage for quite some time.  

Los Angeles private eye Happy Doll is ticking along nicely, subsidising his detective work by protecting the women at a Thai spa massage parlour from over-amorous clients.

Everything is hunky-dory until he gets into a ferocious fight with a customer who ends up dead. Well-crafted crime noir that manages to be witty and quirky as well as occasionally violent, with pleasing echoes of Marlowe and Lew Archer.

I came upon the novels of Philip Kerr later in life.

They were unique in as much as his main character, Bernie Gunther, was a German before, during, and after the Nazi party came to power. The tightrope Gunther had to tread between being a good German cop and having to deal with Nazi higher-ups without himself ever becoming a Nazi is what makes the series thrum with tension.

I had the great good fortune to meet Philip at the L.A. Times Book Fair to which we were both invited some years ago. Spending time with him was for me to meeting a rock star. I was privileged to make his acquaintance.

The time I subsequently spent reading his new novels gave me the distinct sense of standing beside Gunther wherever Philip chose to send him.

When, several years later, I learned that Kerr had died suddenly I was devastated.… show more.

Like other private detectives, LA-based Lew Archer sees too much—too much bad or at least questionable behavior. Here, it seems to take the form of a runaway—a rich kid who has “escaped” confinement from his exclusive 60’s reform school. Despite his lack of style and color, Archer acts confident he’ll find him. The only problem: The parents—his client—aren’t helping him very much.  

His disappearance case threatens to disappear, providing an especially clever irony and supporting what I believe is author Macdonald’s favorite insight: The problem begins and ends in the family. The only question is, with all the darkness the parents create and Archer encounters, will he see enough to solve the case? I love this story, in part, becomes it’s more noir than any other Lew Archer story. 

I read this 1933 mystery novel as a teen, and it might have begun my love affair with the hero in disguise. In this book, we meet Death Bredon, a newly hired copywriter at Pym’s Publicity. We know, of course, that he is Lord Peter Wimsey in disguise, but we don’t know why the aristocratic amateur detective is pretending to be a working Joe.

The mystery is flawless; the ad agency setting is delightful; the banter is witty; and the climactic cricket match, in which our disguised hero lets his mask slip, is delicious.