>> From the library of Congress in Washington DC. >> David Mandel: Good evening. I'm David Mandel, the library's head of exhibits. On behalf of the Librarian of Congress, Dr. Carla Hayden, I'd like to welcome you all to tonight's program, opening the library's Baseball Americana Exhibition. It was Dr. Hayden who greenlight this project and was instrumental in making it happen. And we are very appreciative her support. We began developing Baseball Americana, the team set out to produce an exhibit-based experience, that provides meaningful engagement with the library's collections relevant to baseball. We did this with story and design. The storytelling focused on the idea of baseball as community on any given day when the weather is nice here in the United States there are boys and girls, men and women playing softball and baseball from Oakland to Omaha, from Albany to Atlanta. The story structure was a broad thematic sweep of history, people and growing inclusivity. The design rifted off architecture organic to baseball. The grandstand, a public space where people come together. We set out to make an immersive environment that would be a place where the library's visitors can also come together. Those with a love of baseball and those who are new to the game. Those who already know the library and its extensive collections, and those who are discovering its treasures for the first time . We hope it's a place where the story of baseball as community and related items on display, the interactive experiences and design inspire conversations and create enjoyable moments and memories. The best exhibits combine engaging aesthetics with intellectual rigor. That was our goal. And I hope you and all of our visitors feel that it was obtained. Exhibitions are collaborative endeavors. I'd like to think my main co-conspirators in committing this act of active visual communication. Our curator, Susan Rayburn. Our exhibition directors Betsy Nahum- Miller and Cynthia Wayne. Our deputy chief of exhibitions and production manager Karen Worth [assumed spelling]. Our education specialist Naomi Coquillon. June Ni [assumed spelling], our digital project specialist. And our colleagues in the Interpretive Programs Office and Library Services. Pure and applied were our wonderful, exhibition designers, Northern Light Productions made our audiovisual pieces. Space Design built and install our grandstand and graphics and Color Ad our exhibit cases. Lastly, I'd like to thank our content partners and lenders. Major League Baseball, the National baseball Hall of Fame in Cooperstown, ESPN and Mr. Hayden Trubitt. Now, please welcome the curator of Baseball Americana, Susan Reyburn to introduce tonight's featured guests. [ Applause ] >> Good evening everyone and welcome to the Library of Congress. Thank you all for coming. The calendar says tomorrow is June 29th, but for the Library of Congress it will be opening day, as Baseball Americana officially begins its year-long run. I hope you all had a chance to get an advance peek earlier this evening and that you will all send out to everyone you know copies of the baseball cards you just made of yourselves. Hashtag Baseball America. You will probably have noticed a couple themes in the exhibition, including a comparison between baseball then and now and how the game has fostered a strong sense of community among teammates, fans, neighbors, and of course baseball stat geeks and stat heads. A group that will find tonight's discussion especially illuminating. There are items in the exhibition that specifically address baseball's ancient and unique obsession with number-crunching. Whether it stats on the back of baseball cards, hand color hitting charts that Whitey Herzog produced by the thousands. A game of Strat-O-Matic, or the use of sabermetrics. A newspaper broadside from 1859 covering the first intercollegiate baseball game includes an early example of a box score, before things got so much more detailed. Taking stats to an extreme, we display a book illustrating Allan Roth's mind-numbing, seemingly endless formula that reduced a player's overall performance to a single number. Roth anticipated the importance of OBP. I've been looking a lot of acronyms lately on base percentage, a concept that plays a central role in Moneyball. It all used to be so simple; batting average, home runs, runs batted in. The acronyms BA, HR, RBI were easily understood by those who had only a passing acquaintance with the game or mathematics. Today, of course, nobody has just a batting average. They have an entire slash line, EA/OBP/SLG. And if you have slash marks, you also probably have WHIPs, that walks and hits per innings pitched. Slashes and WHIPs, obviously would lead to WAR, that is wins above replacement. Meanwhile, Major League Baseball's stat cast calculates new forms of data. Such as average launch, angle and exit velocity. For most fans in the general public, the concept of what is now known as sabermetrics reinterpreting data and inventing complex, comprehensive methods for calculating player performance first entered the national consciousness with the 2003 publication of the eye-opening and best-selling book "Moneyball, The Art of Winning an Unfair Game" by Michael Lewis. And the subsequent film released in 2011. "Moneyball" represents an important milestone in the crowded field of excellent baseball literature. As many of you here know, the book chronicles the efforts of Oakland A's general manager Billy Beane to build a strong team with a weak budget by using advanced forms of statistical analysis to identify worthwhile players who were overlooked using conventional scouting methods. "Moneyball" not only look back on what happened in Oakland, but it prompted an entire sport to look forward to what this new approach offered. The Library of Congress currently has more than 9000 baseball books and few have had such an immediate and resounding effect as "Moneyball." It influenced the way teams evaluated players and built rosters, and it prompted front offices to add science and technology to the hunches and gut instincts of veteran scouts. More than a sports book, "Moneyball" is also a book about business and success. Finding an edge among opportunities that others miss. In celebrating the exhibition opening, The Library of Congress is very pleased to have with us tonight, Michael Lewis the author of "Moneyball," and pioneering baseball analyst, Rob Neyer. In addition to "Moneyball," Michael Lewis is the author of several other popular works that have also made it to the big screen. Including "The Big Short," about the financial crisis that began in 2008. And "The Blindside," which followed a high school football lineman's journey from hardship to success. His latest book is "The Undoing Project," which examines how we make decisions. Rob Neyer is a former senior baseball editor for Fox Sports, an analyst for ESPN, and a research assistant to the baseball stats guru Bill James. He is the author of several baseball books including the forthcoming "Powerball, Anatomy of The Modern Baseball Game." He was also just recently named the Commissioner of the Summer Collegiate West Coast League. To get into a "Moneyball" frame of mind, we've got a clip from the film. Take a look. [ Applause ] >> Rob Neyer: Let's just jump right into this thing. >> Michael Lewis: Let's do it. >> Rob Neyer: Because we've already introduced and we all know what this is about, so let's just talk about "Moneyball." I met Michael back in the summer of 2002. Oddly, I had read one of his books and enjoyed it but forgot his name. So, when he introduced himself, I had no idea who he was. But told he was writing this book about baseball and focusing on the A's. And we talked, and it wasn't until the book came out. And he shared with me the manuscript. But it wasn't until the book came out that I, of course that we realized we had a phenomenon on our hands. But I want to first ask what led you to start hanging around the Oakland Coliseum in 2002? >> Michael Lewis: Well, there's a back story. And the back story was, I followed my wife to California, Tabitha had a Fellowship at Stanford. And I had always, as a little kid been a fan of the A's. And I'd been a fan of the a's because my high school baseball coach had come to us from A's spring training, where he'd been beat out for the starting catcher job by Gene Tenace. And decided that the Minor Leagues were no longer for him. He was from New Orleans. His name was Billy Fitzgerald. And he showed up with Gene Tenace's mitt and an incredibly persuasive rap that I was the next Catfish Hunter. And the only thing I had in common with Catfish Hunter was that I didn't have a fastball. But he turned this into like a positive attribute. Just like him, you've got no fastball. And so, the A's; I started following them from then. So, we're now in the A's backyard. And I started watching games on TV again for the first time. And this was late nineties, when salaries are exploding. And I started to pay attention to the money on the field, because salaries are exploding, and I was particularly interested in the beginning with the question of whether there was kind of class warfare within teams. You know, the leftfielder was being paid $6 million a year and the right field was making 150-grand. And I wonder how pissed off the right fielder was when the left fielder dropped a fly ball. And I was watching for that. I was seeing, are they starting to hate each other? Is the inequality in baseball expressing itself in the team dynamics? And that's why I started paying attention. And then, I started realizing these payrolls are radically different from each other. And that the A's had no money, and they were playing some of these teams with all this money. And that made me curious, because they were doing real well. How could you? If the market for baseball players was efficient, the team with the most money should just buy all the best players and win all the games. That seemed to be a question worth trying to answer. And then, two things happened. I met a man named Dough Pappas, who died not long after. But, who was in the part of the Society for American Baseball Research. And he sat me down and he showed me analysis he'd done that showed just how extraordinary it was what the A's were doing with their money. >> Rob Neyer: Marginal wins. Right? >> Michael Lewis: That's right. It was dollars per win. And they were winning so many more games per dollar than every other team. If it had been a normal industry they would just acquire all the other teams and run them too. They were clearly running their team, it looked like they were in a different business. So, that caused me to call Billy Beane, who was at the time at spring training in 2002. And I said I'm thinking about writing a neat little, something about this, I'm curious about it. I thought it was going to be maybe a magazine piece. And I flew out and spent time with him. And after a day, I thought oh my God. This is big. I don't know how big, but and I didn't know what it was. I'd never written a sports book. So, I didn't even think to myself at first that there would be an interest in me writing on the subject. So, it took some time before the storm gathered and I realized exactly what this was. Maybe six or seven weeks. But it was six or seven weeks of really kind of immersing myself in the organization. So, that's the beginning of it. >> Rob Neyer: And was there? We talked about your process before, you typically start off thinking with luck this is a magazine piece. And with more luck, or a great story, it's more than that. Do you remember a moment or moments when you thought oh, this actually is a book, this is my next six or either months? >> Michael Lewis: So, I remember it vividly, because I took action. I had not told anybody I was doing this except my editor at "The New York Times Magazine," who was faintly interested, but you know. He was humoring me. And it had become clear, that yes, they're doing things differently than everybody else. Yes, he's thinking about; the person who's running this team is thinking about his players differently than the other organizations are. But it wasn't until, it was a night, I decided, so they were conducting what amounted to be a science experiment in baseball. And the lab rats were the players. And I remember asking Billy Beane, what do the players think about this experiment. And he said, we don't tell them it would only confuse them. He said, but you know, you've got a first baseman, who's never played first base. You've got a leadoff hitter who's slow. You're using people in all kinds of strange ways. And you don't explain it? And he said, don't explain it. Now, what I found, just generally in my writing life, that it's easier to insinuate myself into a world if I can add some value. So, of course, the first thing I do is run over to the clubhouse and start telling players what I learned from the front office. And they were like? You're shitting me, really? That's why I'm playing first base? Tell me more. And so, at the end of every, what I was starting to do after every game, I'd meet with one player and tell him what I knew. And then get kind of a feel for who these people were. Because I was already thinking, who are the characters in this story. And I was already thinking, it's the hitter who's the most unlikely that people don't appreciate. And it's the pitcher who's most unlikely, you know, people don't appreciate. But I wasn't sure who those were. And I was sitting in the clubhouse after the game and waiting for a player to come talk to me. And I looked up and I was seeing all these naked bodies. It was the first time I'd seen the Oakland A's naked. And it was such an unpleasant site [laughter]. It was repulsive. A baseball uniform, I mean it really is a business suit for an athlete. It hides all the problems. And I mean there were guys with fat ankles. There were guys, I mean they just didn't look good. And I went to the A's, I went back to the front office that night. And I found Paul DePodesta, and I said I just saw your guys naked, and I said, it was such a strange site that I thought to myself, if you line all those naked bodies up against a wall, and asked anybody what they did for a living, nobody would guess professional athlete. And he says you kind of stumbled on part of our story. And the story is we're in the market for players who the market miss values in some way. And one of the chief sources of mis-evaluation is physical appearance. A good-looking player will be overvalued, and an ugly player will be undervalued. A player who doesn't look the part will often be an opportunity for us, because we can detect his value with statistics. and I remember driving home from the coliseum that night and thinking, wow, it's not a baseball story. It's a story about the way markets miss value people. Forget that it's a sport. Imagine this is just a business. You've got employees on the field, who have been doing basically the same thing for a century, with statistics attached to every move they make on the job. With millions of people watching them while they work. And all those people think they're experts on valuing them. If that person can be miss valued by the market, who can't be. A story of women in the workplace? A story of Jackie Robinson. There was something universal about this. About the way people get misjudged. And I went home, and I wrote my editor, WW Norton, my publisher, Starling Lawrence who's been my editor since my very first book. And I said I've got had bad news and worse news. I said the bad news is the reason you haven't heard from me for the last six or seven weeks is I've been kind of marinating in the Oakland clubhouse. And I'm going to write a book about baseball. And it's good be called "Moneyball." And I said, and the worst news is, it's just the first of two books about baseball. And the only reason I'm writing "Moneyball" is so I can write the second book. And the second book is going to be called "Underdogs." And it's going to be about the people, they were about to draft players in the draft, and they were going to turn that into a science experiment. And I thought I was going to write a second book about that. And he called me up the next day, he said go for it. That was the moment it started. >> Rob Neyer: So, I wasn't going to bring that up, but since you do I have two related questions. One is the next big moment was when somebody told you this book is exploding, and you're going to have a huge best-seller on your hands. Do you remember that moment? >> Michael Lewis: So, I'd already had a few. And so, it wasn't new [laughter]. No, so I mean that sounded differently than I intended [laughter]. I remember I think it went to number on the Best Seller List almost right away. And what I remember, the memories I have of the publication of the book are not about sales. My memories are about the controversy. It was so loud. And angry. And that's what I followed. And my most vivid memory is; so, with my subjects I have a rule. Every writer should have this rule I think. You're not allowed to see it until it comes out. I don't' want your fingerprints all over my prose. And I'm going to do my best to get everything right and check things with you. But you're not going to get to read the thing until everybody can read the thing. And Billy Beane had got his copy of the book. And it was not hardback yet, it was a galley, but it was it was a week before it was going to come out, it was that kind of thing. And it's now a year later, it was spring training of 2003. And I remember sitting in my office talking to him. He calls and he's my first inside baseball reader. And he's upset. I mean he's really upset. But he's not exactly directing at me, but he's incoherent on the phone. And he's just upset. I read this thing, and God this thing. And this is not making any sense. I said Billy, stop, you're obviously upset. What are you upset about? And at that point I was feeling a little guilty because I thought well, I'm going to destroy his business. That what I've done is revealed his secrets . I've done my best, and everybody's going to read it. and there's no longer going to be these inefficiencies to exploit, because what they're doing makes so much sense. And he says, not that. He says, you don't understand, you have me saying all the time. >> Rob Neyer: And my mother's going to read this book. >> Michael Lewis: My mother's going to read this book. >> Rob Neyer: And I said you do say all the time [laughter]. And he said, you don't know my mother. He said, my mother is going to be. And I said, I said you are kidding. You're not serious right? You're upset because your mother is going to read it and she's going to see you? And he said, yeah [laughter]. And I said, I'm so relieved. I thought you were going to be upset because I just destroyed your entire business. And then there's this long pause at the end of the line, and he said you don't think anybody is baseball is going to read your book [laughter]. And, Billy he had once, there was a line that came out of his mouth once, you can't be too stupid to play baseball. And he did explain. He said, you don't understand we've been doing this for the last six or seven years. It's been obvious to anybody who wanted to pay attention that we were more efficient than anybody else. A book isn't going to make any difference. And I remember following that. So, my memory or response to the publication wasn't, oh this thing is selling so well. It was selling not quite as well as one of my other books, and a little better than the other one. And it seemed to be doing fine, but it was all these baseball people, angrily not reading my book. Joe Morgan, I couldn't turn on ESPN, I could not turn on that television without hearing someone talk about the book. And that went on for a while. And usually it wasn't spoken of in flattering tones. Everybody, to the extent, they talk about "Moneyball" the way people in Oklahoma talk about climate change. That it's a controversial subject at best. And actually, if we were on air, we didn't have to be polite about it we would damn everything about it. And so that was the tone of it all. And that was preposterous to me. And I knew they were to lose. Evolution was going to take care of the problem. But it was not until I published a book, "Flash Boys" did I have a similar sort of experience where a whole industry was angry. And that was my memory of it. And that it was going to be an influential book. Well, Billy had told me no one in baseball was going to read it, and they seemed determined not to. but what happened was curious. What happened was my other audience kicked in. Rich people [laughter]. And the head of Goldman Sachs, called the owner of the New York Mets and said, you fool. You have any idea what these people who are running your organization are doing with your money? and that conversation happened with owners and their rich friends, a lot. And that's where the pressure came for change. The owners started saying oh my God. And had a number of young people say, I got my job because of you. >> Rob Neyer: Well, and I baseball would look much different without the book. >> Michael Lewis: You think so? >> Rob Neyer: I do. >> Michael Lewis: I'm not sure I agree. Maybe slower, but that's it. >> Rob Neyer: Yeah, slower, but what I mean is in a very specific way, there are lots of people who have jobs in baseball who wouldn't without the book. And most recently you can draw a direct line between the book and the Houston Astros win the World Series because Jeff Luhnow, who built that team. >> Michael Lewis: That's how he got the job. >> Rob Neyer: He wouldn't have ever been considered for a job in baseball unless the Cardinal's owner son, or son-in-law hadn't read the book. So, I guess I'm wondering, I'm sure you knew that. What it was like to see the Astros. Because that's sort of the most direct link between the book and a team actually winning the World Series. >> Michael Lewis: Theo, no, the Boston Red Sox. >> Rob Neyer: But Theo worked for the Red Sox, before the book came out. >> Michael Lewis: Yeah, but Theo wouldn't have gotten his job without the book. >> Rob Neyer: He got the job before the book came out. >> Michael Lewis: No, he didn't get the job before, if he got the job before the book came out, it was this. >> Rob Neyer: He was hired in 2002. >> Michael Lewis: No, he wasn't. But this is what happened [laughter]. So, while I was working on the book, I went and reported in other organizations. And one of the other organizations I went and reported in was the Boston Red Sox. And John Henry had bought the Boston Red Sox a couple years before. And I told him what I was up to and he said please come see me. I flew out to Boston and we went to lunch. He said what do I have to do to get you not to write this book. And I said why? He says because we are going to do this in some way. We've caught on to what the A's are doing. And I said well, I'm writing the book. Then, he said more or less how do I hire Billy Beane to be the general manager of the Red Sox. And I found myself in this weird conversation where I was in between Henry and Billy Beane talking terms. And it ended with Billy briefly accepting the job at the Red Sox, and then walking away because he was uncomfortable with other people there, or for whatever reason. And Henry then said, who do I hire? And Billy said hire Theo. So, if that happened before the book published, it was just. Because I was talking to Theo who was a minion at the Red Sox in the year I was working on the book. >> Rob Neyer: I think Theo was hired as GM that fall after the season of 2002. >> Michael Lewis: After 2002, right. All right. So, it's possible, you're right, it's possible. >> Rob Neyer: You can take credit for as many championships as you want [laughter]. >> Michael Lewis: Billy, actually, the Oakland A's can take credit for that. Because the reason Henry wanted; Henry had noticed what I had noticed. So, it was a move that was happening. >> Rob Neyer: He hired Bill James. >> Michael Lewis: He hired Bill James. >> Rob Neyer: two months before I think. >> Michael Lewis: Yeah, that sounds right. So, all right. So, you just defeated your own argument. My first response was I think baseball would be kind of where it is now, but it would have moved a little more slowly. And you say all these things changed because of it. >> Rob Neyer: What I think is that the movement would be. >> Michael Lewis: Here's the counterfactual, all right. You're right. You're right in this sense that the Boston Red Sox were going to do this in some form or other. And they were going to win the World Series because of it. When they won the World Series, everybody would have imitated them. And they would have; Theo and John Henry would have gotten all the credit for having revolutionized baseball. And no one would know Billy Beane is. That's probably the counterfactuals. >> Rob Neyer: And I think the movement would be roughly the same, a little slower. But every World Series would be different. If you think about the cascade of events when you have all the hiring and team. Just the world would look different. >> Michael Lewis: Imagine if your parents had never met. >> Rob Neyer: That's right. >> Michael Lewis: That would have changed the world. That would have changed the world. >> Rob Neyer: Well, before I forget I do need to ask, since you brought it up, what ever happened to "Underdogs?" >> Michael Lewis: "Moneyball" ate it. The response was so loud that other things I was going to do, it all, everybody else was doing it. >> Rob Neyer: But you worked on it, you went to Sacramento and saw? >> Michael Lewis: I spent three years roaming the minor leagues with these players. I was in uniform for the Midland Rockhounds during games. I shagged flyballs before the games with players. I mean, I was all over the minor leagues. And I could never quite figure out how to tell the story. First, there were 20 main characters. And then, all the fake work that was going to be in it, it just felt like "Moneyball" just had; there was just too much noise around "Moneyball." So, eventually I walked. But what happened, interestingly what happened is my wife, Tabitha is a professional photographer, mainly art photographer, but she tagged along and started taking pictures of these players that they were drafting. And she followed them for 15 years. And she's published a book called "Fantasy Life" which did real well, last year. Where it's photographs of these players over time. And this to me is like a watershed moment in our marriage. Because when I met her, the night I met her in Seattle, 1996, the night before she'd been asked to throw out a first pitch at a Seattle Mariners' game. And I was seeing her the night after she'd been invited to do it. She was a celebrity on MTV. And I said well, what was it like? And she said, well, I didn't do it. and I said why didn't you do it? She said, I didn't want to get hurt. I said, wait, wait. Why are you going to get hurt? She goes they hit it right [laughter]? And that was, that I have taken that woman from where she is to the point where she is publishing famous books about baseball is a great, great triumph. [ Crowd Noise ] >> Rob Neyer: So, when you were young, playing baseball for Billy Fitzgerald, coach Fitz, there's a book about Coach Fitz called "Coach." You were pitching. What did that teach you about baseball? That experience? What did Coach Fitz teach you? How does that experience show up in "Moneyball" if it does and more broadly in your work in general? >> Michael Lewis: The big thing, so after "Moneyball" comes out, all the sudden I'm allowed to write about sports. And "The New York Times" editor who was faintly interested in the beginning of "Moneyball" is extremely interested when I mention my high school baseball coach. And he's interested for the same reason I'm interested, is the idea was, describe the power a teacher can have in a kid's life. And that, to this day, when I find myself in high stress, high pressure situations, I can hear Billy Fitzgerald's voice and it gives me strength. And the things he put me through gives me strength. And he used the sport of baseball, probably, he didn't use it, I mean he was a great coach, and he won a lot of games, more of a basketball coach than he was a baseball coach. But he was a really intense person. And he used the trope about baseball is that it's a game of failure, right? And it is a game of failure. And it's an individual game, masquerading as a team game. There are lots of one-on-one encounters where you're in the spotlight and you are likely to fail. And the failure is going to be very public. He used that to teach kids how to come back from failure. And it was a rocky experience at times, but it was a great experience. I had found out this was you know, 2003, before that a bunch of former players for this man were raising the money to name the gym at the Isidore Newman School in New Orleans, where I had gone for the coach. And they were having no trouble raising the money from both the former players, and the parents because he had had this profound effect on lots of people, not just me. I mean he had turned around my life in a lot of ways. He, at the same time, was about to be fired by the school because a handful of parents of his current players thought that he was too hard on the kids. And he had mellowed by so much [laughter]. When I went back and started talking to the players and told them some of the things we had done, their jaws were on the floor. I started calling former players, Payton Manning and Eli Manning both played for him, they went to the school. And Payton Manning said to this day, I think of Coach Fitz when I'm in huddle. Since this day, he's in my head. And this is playing baseball and basketball for him, not football. So, I thought, what's happening, Coach Fitz became an excuse to write about something that's happening in the society. That how hard it is for a teacher that is demanding to work his magic. Because the parental fear, life has just become too front-end loaded. Failure when you're 13, is all of the sudden too fraught, or when you're 16. So, the parents in some cases are just interfering in a process that really should happen, because they're afraid of what happens to their child if they aren't on the all-district team, or whatever. Or they aren't playing shortstop. Or they're on the bench. So, that's what that story was about. How he leads me to "Moneyball" is well, I would never be writing about baseball if I hadn't played, but I'd played before I met him, and I probably would have, I don't know might have played even if he wasn't there, though he was one of the cheap attractions for playing at the school. But, there's something I've said a couple times in interviews and I was ridiculed for it because I pitched two innings at Princeton my freshman year, that was the extent of my college career. But I was recruited. And it got me into college, no question. Coach put me on a list, because my high school stats were gaudy. But they were gaudy without a fastball. Because I had a really good curveball. And he taught me how to; he turned me into a "Moneyball" pitcher basically. Never walked anybody, never hit anybody. He gave me a feel for the game, that when I hit the Oakland A's and they're taking people who don't look right, don't have the obvious attributes, I remember that. Because I was one of those, as a player I was one of those players. So, in that way, probably maybe a bit receptive to the story I was hearing. I too was undervalued. Now, and I think a lot of people feel that way, right? And I think the way the book resonated, it resonated first because oh there's this controversy in baseball, and second because a lot of people read it and said, I feel that way, I feel like Scott Hatteberg. >> Rob Neyer: so, you get your two innings at Princeton. Then you've got a long stretch where you're not really immersed in baseball. I'm guessing. At least as a player, obviously. But then, was it 20-sum years later, your daughter starts playing when she's, your oldest daughter when she's 6? Is that right? So, for the last 12 years now you've been immersed. >> Michael Lewis: Yeah, so I've got my children, I have a 19, 16 and an 11-yeaer-old. Two girls and a boy. And each of their athletic careers has already cost me a book. So, the shear amount of time that I've devoted to the athletic careers of my children. And I'm dead serious, I mean tomorrow morning I'm going to get on a plane and go to Boulder, Colorado, where at this moment, my 16-year-old is playing his team from New Mexico in a 16 and under softball tournament. She's big-time. And so, I ended up in Berkeley, California, where I live, first coaching my oldest child when she was 6 all the way to the age of 14, and then she outgrew me. And then the second daughter the same way. I'm still coaching my son. I'm his baseball coach and his basketball coach. But I ended up the funny role was if the kids were good in the recreation league, we have a couple hundred girls in the recreational league and the ones who are ambitious, and committed, and all the rest move on to kind of an All-Star team. These travel teams. Starting at the age of eight. And the travel teams, I ran. The minute my eldest got to the age, they picked that she was good enough, they said will you be the commissioner. So, I was the Commissioner of the Berkeley Competitive Travel Teams. Now the Berkeley Recreationally League was founded by a moral philosopher at the University California Berkeley, 35 years ago. It's a wonderful league. The first line of the founding document is, "The purpose of children's sports is the moral education of the parents." [Laugther] And the league is run so that if you win too much as a coach you're not asked to coach the next year. They gun for like you're gunning for a 500 record, that's the perfect season. And of course, the strike outs are applauded, no one remembers who won and all the rest. And it is as warm and fuzzy an experience, and competitive experience as you can have it. So, now, these little girls from Berkeley, these little liberals from Berkeley, California get on this travel team and they go over the hill and have to play republicans. And it was like taking these small furry creatures who come from an island without predators. And letting them loosen like, you know in a Safari. Where lions are chasing after them. >> Rob Neyer: And how long did it take them to learn? >> Michael Lewis: It was an incredible process. Because they had both experiences. They realized there were two roles. There was this role where you're supposed to be just collaborative and nice. And then there's a role where you're supposed to slit the throat of the person you're playing. And they learned how. It usually took kids a couple of years. So, Dixie, who's my 16-year-old, when she was 8 on the 10 and under team, they were like 2 and 24. And when she was 10, they were number 1 in the country. So, that's how long it took. And it was you know, even little liberals, there's a political lesson in this. Even sweet natured liberals if you beat them up long enough, get tough. And learn how to fight. So, my role now, a year and a half ago, I stepped down from that role. But I ran that for five or six years and it ate up a big chunk of my life. And it was totally fascinating. And one day I'm going to write a book about it. >> Rob Neyer: So, I have two more questions. The first one, quickly please, do you think "Moneyball" would have resonated the way it did, would have been essentially one of the best-selling baseball books for 15 plus years running now, if it had been a different sport. Could you have done "Moneyball" with football or basketball? >> Michael Lewis: You remember when "The Blindside" came out and nobody bought it. And that's when I realized how grateful I should be to baseball for creating readers. Because football doesn't [laughter]. I mean there is no safe place for a book to be than a football stadium. No one is going to pick it up. No one is going to open it. No one is going to ask what's in it. Fifty thousand people will walk by that book in a football stadium and nobody will think twice about it. Whereas, you put a book in a baseball stadium and people, the ballpark people will pick it up and kind of look at. So, if it had been about football, it wouldn't have worked. Any other sport. So, I think that the literary dimensions, the literary, that there is an overlap between literature and the sport. That there's a built-in readership for virtually anything written about baseball, was the kindling that started the fire. Without it, I don't think it would have gone anywhere. >> Rob Neyer: So, a very quick story. I was the press junket for the "Moneyball" movie. >> Michael Lewis: I remember. >> Rob Neyer: Which was in 2011. >> Michael Lewis: I was in the press junket too. >> Rob Neyer: You were in the room? >> Michael Lewis: Yeah, I mean kind of. >> Rob Neyer: I was in the front of the theater in Oakland. And I have this very distinct memory of sitting there as the movie's it's the first two minutes of having these, well a continuing wave of emotion. Because it felt like sort of my life was up there. Because a lot of it had been in your book. Not my personal life, but my professional life and my passion. And what I was going to ask you was what it was like for you to see that up on the screen the first time and so will wrote. But then you reminded me that it wasn't your first go 'round. "The Blindside" had come out. Maybe even a better question the moral of the question is what did it feel like when you were sitting in the theater for the first time watching "The Blindside" and seeing your words, sometimes your exact words being spoken by these people. >> Michael Lewis: Right. I went to "The Blindside," the first time I saw "The Blindside" was at a benefit for Goodwill. They released the movie a couple of days earlier to Goodwill, so they can show in San Francisco. And the idea was I was going to go watch it with 300 grandees and then afterwards I was going to get up and talk about how I felt about the movie. And I brought Tabitha with me. And we were sitting there and in the middle of it, I leaned over and I said, I don't know if I like this. And she said, do not say that. And then the more; but as I was watching it, I was laughing out loud and I cried. And how often does that happen in a movie? Not often. And I realized afterwards, I was quite moved by that. It was actually kind of impressive what they did. What I had been doing up to the point when I turned to my wife and said I don't know if I like this, is I was, every time something was really working, I was saying, oh I did that. Yeah. They didn't screw that up. And then, if I thought something didn't work, or maybe it just wasn't from me, I was saying that's not working, that's his fault. And so, I was taking credit for everything that was working and not taking any blame for what wasn't. And then, once I got through that, you know since then, by the time of "The Big Short," I don't' really watch them in a proprietary way. I really do just kind of watch the movie. And then, the only concern I have is that I've been son enthusiastic about all of them, that when I first see it and I feel the enthusiasm, the way I felt with "Moneyball" and I felt with "The Big Short," that I'm only enthusiastic because it's a move about my book. And nobody else is going to like this. >> Rob Neyer: And then they all get nominated for best picture. >> Michael Lewis: It's been incredibly lucky, right? The talent that's been attracted to it, has been fantastic. >> Rob Neyer: Well, and "The Moneyball" movie in particular was, what entailed you can write a book just about the making of the movie, because there were so many false starts. Famously, it was shut down. I think it was the day before they were supposed to start filming, you were supposed to get your check. >> Michael Lewis: Yes, and I was in LA, and I was supposed to go have dinner at Brad Pitt's house, with my daughter who was with me. And that never happened. And, it just shutdown. But, that whole story, my memory. So, bumping along with the drama alongside the drama of the making of "The Moneyball" movie was the drama Billy Beane's response to the making of "The Moneyball" movie. Because he was so upset about the book, he never quite go; he got over it after his mother was actually furious. And actually, furious with me, and I'm not kidding you I took her to dinner in San Diego and tried to charm her and had no luck. But his attitude towards the movie, right from the beginning was, look, this book has created this huge noise in my life. I never wanted it. He didn't know the book was about him until he read it. And I disguised my intentions well enough. And that he said why on earth would I let anybody make a movie, that's like 10 times the trouble. And I said to him right from the beginning, I said Billy you don't understand. They never make the movie. They'll give you some money for your rights, they'll go pretend like they're going to make the movie, and then the movie won't get made. And he made me list for him all the times this had happened to me. And it had happened a dozen times. Not just with books, but with magazine articles. I said Hollywood is fantastic. You throw your manuscript in, they throw this money out. And you run away as fast as possible and they never bother you again. They just give you free money for nothing. And when I told him what I'd paid for various things, he goes, huh, huh. And he went and slept on it, he came back and he said, I'm going to do this. He said this is great. And so, he got a check for an 18-montyh option on his life rights, and then 18 months later, he calls me he says, guess what, I got another check. And he said, and like this happened three or four times and each time he'd call he'd say, this is genius [laughter]. They're not making the movie. And then one night he calls and he says, you bastard. He says, Brad Pitt just called me and he wants to come over to my house. And the babysitter's wearing a dress and my wife is putting on makeup [laugther]. And then he proceeds to be genuinely irritated with me for having mislead him into think that no move would ever get made right through the making of the movie. To the point where, they'd been shooting for three months and Billy has created this social awkward situation, where yes, he's let Brad Pitt come to his house once, but he's been invited to the set over and over, and he won't go. They're filming in the Oakland Coliseum. These beautiful night scenes where they've re-created a game between the Royals and the A's. And they've got body doubles of 50 players. And they've got 8000 people in the stands that they're moving around so the place looks full. And everybody's there. And Billy won't go. And so, they call me, and they say, could you please just get Billy down to the set. I mean everybody just feels like we don't want him saying how much he hates us all at the end of it. And it won't be an unpleasant experience for him and blah, blah, blah. So, I call Billy, I say, Billy I haven't been to the set. But I'm going to come out and I'm going to go, and you should just come down and see. And he says, you going to be there? I said yeah. You promise you're going to be there he says, he's like; I said I'll be there. So, child Dixie, softball player in Boulder, Colorado right now and I, after one of her games go out to the Oakland Coliseum. We roll in and Brad Pitt has just finished filming one of his movie scenes where he's roaming back and forth in the middle of an empty stadium. And we walk out, and at this point I know him. And he comes running over to say hello. And he gets down on one knee and starts talking to Dixie, who's then 9 or 10, or whatever she is. And I leave them alone. and Billy comes walking in from another place. I go talk to Billy. And as I get Billy, Dixie comes running over grabs my leg like she's terrified and says who is that weird old guy [laughter]. And she's standing there, and Billy and I are talking. And while Billy and I are talking, he's kind of like, he's putting in an appearance on the set and he's about to like turn and leave. And a production assistant comes running over. And he's got headphones on. He's got a notepad. And there's a book inside the notepad. And he comes running over just dewy-eyed and gushing, and he says Mr. Beane, Mr. Beane, please will you you're your book for me; please. And Billy says, it's not my book. He wrote the book. And he says, no Mr. Beane, I want you to sign my book, it's your book. And he's so fawning, it's really kind of awkward, uncomfortable. And Billy goes okay. Now what you need to know for what happens next is that there were two Billy Beanes who played professional baseball and they actually played int eh same outfield, I think on the Twins; what's that? >> Rob Neyer: They played for the Toledo Mud Hens together. >> Michael Lewis: Really? They played for the Twins and for the Tigers. Right. >> Rob Neyer: In the minors they were in the same team. >> Michael Lewis: I didn't realize that. But in the big leagues they were in the same. And the other Billy Beane, spells his name without and e on the end. So, the other Billy Beane had come out of the closet and written a book about the experience of being a professional baseball player coming out of the closet. You know what it's called, it's "Hitting From The Other Side of The Plate." It's like; so, and so the young man, production, flips open this binder and there's the other Billy Beane's book [laughter]. Now, there's no right answer for my Billy Beane in that moment. There's just no right answer. And I look over and Brad Pitt is sitting in one of the A's dugouts rolling around laughing. He had set up, he had orchestrated the entire thing [laughter]. And the reason I had been implored to bring Billy to the set was so he could play this joke. He'd been thinking about it for, obviously for like six months. It was just perfect. It was perfect. >> Rob Neyer: That's great. [ Applause ] Well, we have run a little long, but I think that story was worth it. we do have time for a few questions. I will choose people. Please keep them brief. First one is always the hardest. >> Susan Reyburn: We've got microphones on both sides of the aisle here. >> Speaker 1: Hi, so can you hear me? So, I saw you last year at the book festival and you had mentioned that you're working on a project, if memory serves, of the transition of the current administration, I was hoping that you could tell us a little bit more about that project. How it's going now and if it's damaging to the current administration, please hurry up and publish it [laugther]. >> Michael Lewis: So, the book comes out October 2nd. It's called "The Fifth Risk." It's not quite finished. The sixth risk is that I don't finish it. But it's not due until august 1st, so there's some time. It's basically done. And it started as a series in "Vanity Fair." And the premise in the beginning was well I was astonished to learn actually, that, by law, that the outgoing administration is required to make all these elaborate preparations for the transition. And as they should, because much of what the federal government does not ideological at all. There's just like here's what we're working on, or here are the problems, or here are the risks. And there are thousands of people in the federal government, spent many, many months generating these briefings and briefing documents. And you can get just about the best course in how the government works ever created by just going and listening to briefings. And the Trump team had not gotten any of them, basically they'd not shown up for the transition. And because Trump had fired them all, the people who were in place, who he was apparently a little bit aware of, fired them all right after he won. So, I went and got the briefings. And I went, and I actually had people brief me who would have briefed, in place where I thought were most interesting, or most frightening. And you know you can't write a book about the whole federal government, it would be 60,000 pages long. But it is true that if you parachuted me into any agency of the federal government, I could find you a great story. Because of just how mismanaged it is. Mismanaged in this particular case. I mean there's general problems that transcend the Trump Administration, and the Trump Administration in many ways are a symptom not a cause. They're a symptom of decades of trashing the federal government. For the people who actually believe that it's just like this pointless enterprise, where if it falls apart, you won't believe what's going to happen. But, so the book is me cherry picking what I think is the material that will be most interesting to readers who don't really know what goes on inside the federal government. And I'll be back to talk about it in three months [laughter]. >> Speaker 2: Hi, so I'm about a quarter of the way through "The Undoing Project." So, in looking at the cognitive biases that you talk about. How does that sort of what you've learned about that stuff, sort of shed light on kind of your "Moneyball" and those ideas. >> Michael Lewis: So, I have a very fun experience, which is, I mean it was unique in my writing career, that after "Moneyball" came out, there was a review I actually read. I tend not to read the reviews. And the review was by Dick Thaler, who just won the Nobel Prize in Economics, and Cass Sunstein who was in the Obama Administration, he's a law professor at Harvard. And they basically said that I didn't understand the point of my story. That I thought it was about what I thought it was about. But what it was really about in their view, was a case study in the wisdom of the work done by Amos Tversky and Daniel Kahneman two Israeli psychologists who explored how the human mind screws up with making intuitive judgments. Because what these baseball scouts had been doing, that had led to the miss valuation players, was just using their intuitive judgment when there was actually a statistical answer at hand about whether that this player was good or not good. And so, that sent me scurrying to start to read the works of Kahneman and Tversky who I'd never heard of before, even though the year I was working on "Moneyball," Kahneman, a psychologist who knew no economics, won the Nobel Prize of Economics for having changed the discipline from outside. So, what subsequently, the book, I wrote about them, kind of informed me after the fact because sort of the buckets that a psychologist would place the errors, the various errors that the baseball scouts were making. I think most of them were described one way or another in "Moneyball" but in different language and with a different depth of understanding. That these people had gone out and kind of in a scientifically plausible way demonstrated that all human beings did it. That is wasn't just baseball stuff. If you'd asked me when I was working on "Moneyball" why is this happening. It's a question I should have asked right? Like, why is the market making these mistakes. I didn't think baseball scouts were stupid. I really enjoyed the time I spent with baseball scouts. But I would've said this is kind of like a groupthink going on. Something like, it would have been kind of like peculiar to these people in some way. That it was so universal that the economy of diversity would take all kind of people and replicate exactly the same mistakes the baseball scouts were making across a range of human judgments. That was really interesting. And so, the story ended up being, I mean it kind of partly explains why "Moneyball" was as successful as it was because it was even more universal than I thought, the problems that they were dealing with. >> Rob Neyer: And by the way, cognitive biases haven't exactly gone away, even in baseball. They're still out there, there are just different ones, to a large degree than there were 15, 16 years ago. >> Michael Lewis: Right and Kahneman and Tversky would have told you at the time, that as amusing as it is to them to classify human idiocy, that them writing about it and classifying it isn't going to diminish in any way. That they themselves remain; they themselves, two of the smartest people walking around the planet were amused by how, even after they'd done all their work, they were susceptible to the same problems. That we were wired to make certain kinds of mistakes. >> Rob Neyer: So, the smartest baseball people know that they're suffering from biases and they do what they can. >> Michael Lewis: To not trust their judgment. >> Rob Neyer: Right. >> Michael Lewis. Right. >> Susan Reyburn: Got another question over here. >> Speaker 3: Thanks, great talk. Billy Beane was one of those miss valued players, in the other direction. And you get into it in the book. Why would he let you in, regardless of whether it's about him or not? Why would he let you into the tribe? >> Michael Lewis: You know, he did it only reluctantly. And he did it. I'm going to tell you exactly what happened. So, I go start to inform the players in the clubhouse about how the lab experiment is going down. And so, I start to get into the organization that way. And then I can come back to the front office and tell them things about their players they didn't know. I mean little things, but you know how they were behaving. Who was maybe smoking dope. That kind of stuff. And so, I made myself somewhat useful to them. Not hugely, but I wasn't just an annoyance. I wasn't just an annoying presence. I somehow sometimes had things to say that they wanted to hear. And so, he let me just loiter for a long time, to the point where they kind of forgot I wasn't part of the staff. And he's said that since. He said, you know we just started thinking, he just kind of works here. But talking to Billy Beane about himself is not easy. He's very self-protective. And he did not have much interest in the psychology of Billy Beane. A lot of other people did, but he didn't. And the way I found it's easiest to get people to tell you about themselves, one way or the other, is to do things with them. So, I started to orchestrate things I would do with Billy. And one of the things I would do is I would make him take me when he would go look at his minor league teams. So, he would go drive to Sacramento, and drive to Modesto from Oakland. And the drive home was always in the dark. And in the dark, he couldn't see that I had the notepad open, and I was writing [laughter]. But there was something about being alone in the dark where he would start talking to me, in a way, when I would ask him questions about like why he got so angry when he struck out in minor leagues, or you know why he thought his career hadn't gone the way it was. And he was more acute about his own self in those drives then he was any other time. And I got to the point, where I thought, I mean I could barely read what I had written. I did the writing is all over the notepad. I was turning pages, because I wasn't sure I was writing over what I had already written. But I got to the point where I thought, I probably haven't gotten to completely the bottom of this, I probably won't, but I've got enough. And the enough was realizing that he was very, very aware that baseball had screwed up his life. That he had this other narrative that he really should not have signed with the New York Mets. He really should have gone to Stanford and been the quarterback after John Elway. He probably would have played in the NFL as a free safety. And he would have had a Stanford education. And as smart as Billy Beane is, and as on top of the world as he is. I mean he's as on top of the world as any human being I know. It's just like he rules the world, he retains a charming, intellectual insecurity that he didn't go to college. He eventually went back and got a degree. But he didn't have a really deep, rich educational experience. He missed out on something and he knows he missed out on it. It really bothered him. So, once you know that about him, you know part of what's going on here is a little bit of a revenge fantasy, that part of what's going on is they miss valued me and screwed up my life. I'm going to screw them up by figuring out how to do this properly. >> Rob Neyer: But, you know I should mention that Billy Beane isn't the only one who's opened up to Michael Lewis. You're the common denominator here. You got a certain way of engaging with people. Which you might not want to talk about at great length, but there are; he's not the only one. >> Michael Lewis: You try not to be tedious to be around. I mean if you're not tedious to be around, eventually people are going to tell you who they are. >> Rob Neyer: And a lot of people love to talk about their work. You want to start a conversation with a stranger, ask them about their work. And sometimes, they'll be great. Sometimes they'll speak for 20 minutes and you'll be bored, but they will talk. >> Michael Lewis: That's true. >> Rob Neyer: Do we have time for one more? >> Susan Reyburn: We can do one more. >> Speaker 4: Hi, as you said, baseball has changed, so much, you know from "Moneyball" now we see everyone's datamining, right? So, what do you think is going to happen in the trajectory of the sport now, and you're looking at e-sports and betting, all of these other issues. Do you think that the game will retain some of the integrity that it has right now? >> Michael Lewis: That's funny, it's charming that you think that the game has retained [laughter] integrity. I'm not sure integrity is what it's ever been selling. So, I don't; if we're talking about just baseball, but the professional sports generally. I don't worry that much about the integrity of the game like, oh because gambling is now; sports betting is now legalized that everybody's going to be betting on the side. There's actually too much at stake for a kind of black socks kind of scandal now. I think to happen. I mean, so that kind of thing doesn't worry me. The question is, 50 years from now, will anybody want to watch a baseball game. And that, I don't know I mean I think it's so much of the appeal fo the game is rooted in; you know this is the thing that ended up, of a lot of stuff that ended up on the cutting room floor of the book I never wrote. And where I thought, there's rich material here, I just never figured out how to do it. And some of the richest material was to discover that even for players who were so battle-hardened and successful as the people who were drafted by the Oakland A's to play professional baseball, even those people were playing in ways that were rooted in their childhood experience. There was a player who could only hit lefthanded pitching because his whole childhood he's only seen lefthanded pitching from an adoptive father. He was great hitting lefthanded pitching, and he just never got around to hitting right handers in the same way. There was a player who, Martin, who developed his swing in his backyard, he was a lefthanded hitter, he played wiffleball every day for years with his older brothers, and their left field fence, was way short, and the right field fence was forever. So, everything was the other way. He couldn't get it out of his swing in the big leagues. And the emotion of the sport is the same way. It's rooted in the experiences you had as a little kid, often with your parents, your dad, or with friends playing the game. And your attachment to the sport later in life is the echoing of those feelings. Now, I look around me and I see little leagues that are, and my son really wants to play basketball, despite being given every reason by me to play baseball. And I see that with a lot of kids. The game is just a little slow for them. It's out of step with the way they live their lives. And I think that's the risk to the game. That as long as you preserve that childhood, of vibrant little league, the game will be great. And people will want to watch it. But if America's youth move on to another game, it's doomed. >> Rob Neyer: Thank you all. [ Applause ] >> This has been a presentation of the Library of Congress, visit us at loc.gov.