Borrow - The American Way of Debt (Paperback)

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

General

Imprint:	Random House USA Inc
Country of origin:	India
Release date:	2012
First published:	2012
Authors:	Louis Hyman
Dimensions:	202 x 129 x 18mm (L x W x T)
Format:	Paperback - Trade
Pages:	304
ISBN-13:	978-0-307-74168-4
Categories:	Books > Humanities > History > American history > General Books > Humanities > History > History of specific subjects > Social & cultural history Books > Humanities > History > History of specific subjects > Economic history Books > Humanities > History > World history > From 1900 > Postwar, from 1945 Books > History > American history > General Books > History > History of specific subjects > Economic history Books > History > History of specific subjects > Social & cultural history Books > History > World history > From 1900 > Postwar, from 1945
LSN:	0-307-74168-0
Barcode:	9780307741684

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