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The American Way of Debt

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In this lively history of consumer debt in America, economic historian Louis Hyman demonstrates that today's problems are not as new as we think. Borrow examines how the rise of consumer borrowing--virtually unknown before the twentieth century--has altered our culture and economy. Starting in the years before the Great Depression, increased access to money raised living standards but also introduced unforeseen risks. As lending grew more and more profitable, it displaced funds available for business borrowing, setting our economy on an unsustainable course. Told through the vivid stories of individuals and institutions affected by these changes, Borrow charts the collision of commerce and culture in twentieth-century America, giving an historical perspective on what is new--and what is not--in today's economic turmoil. A Paperback Original

Zakup książki

Borrow, Hyman Louis

Język
Rok wydania
2012
Oprawa
(miękka),
Stan książki
Dobry
Cena
15,87 zł

Metody płatności

3,9
Bardzo dobra
187 Ocena

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Tytuł
Borrow
Podtytuł
The American Way of Debt
Język
angielski
Rok wydania
2012
Oprawa
miękka
Liczba stron
306
ISBN10
0307741680
ISBN13
9780307741684
Seria
Ocena
3,85 z 5
Opis
In this lively history of consumer debt in America, economic historian Louis Hyman demonstrates that today's problems are not as new as we think. Borrow examines how the rise of consumer borrowing--virtually unknown before the twentieth century--has altered our culture and economy. Starting in the years before the Great Depression, increased access to money raised living standards but also introduced unforeseen risks. As lending grew more and more profitable, it displaced funds available for business borrowing, setting our economy on an unsustainable course. Told through the vivid stories of individuals and institutions affected by these changes, Borrow charts the collision of commerce and culture in twentieth-century America, giving an historical perspective on what is new--and what is not--in today's economic turmoil. A Paperback Original