follow us on twitter and facebook follow us on facebook follow us on Google+ follow us on twitter follow us on LinkedIn
Download DNLeBooks.com toolbar
Debtor Nation
 
 
 
 
Debtor Nation by Louis Hyman
 
USD 24.95
 
Debtor Nation
Louis Hyman
Available on Windows Available on Android
View in Browser
Get DNL Reader
To view the Standalone version, you require the installation of the small file size DNL Reader. To get the DNL Reader, click the "Get DNL Reader" button.
To view the Standalone version, you require the installation of the small file size EPP Reader. To get the EPP Reader, click the "Get EPP Reader" button.
To view the eBook you require the installation of the reader from Android Market to get the reader. click the "Get DNL Reader" button.
 
Share this  
 
 
Downloads : 332
File Size : 0.00 B
 
 
Publisher : Princeton University Press
 
Imprint : Princeton University Press
ISBN : 9781400838400
 
 
 
 
  Overview  
 

Before the twentieth century, personal debt resided on the fringes of the American economy, the province of small-time criminals and struggling merchants. By the end of the century, however, the most profitable corporations and banks in the country lent money to millions of American debtors. How did this happen? The first book to follow the history of personal debt in modern America, Debtor Nation traces the evolution of debt over the course of the twentieth century, following its transformation from fringe to mainstream--thanks to federal policy, financial innovation, and retail competition.

How did banks begin making personal loans to consumers during the Great Depression? Why did the government invent mortgage-backed securities? Why was all consumer credit, not just mortgages, tax deductible until 1986? Who invented the credit card? Examining the intersection of government and business in everyday life, Louis Hyman takes the reader behind the scenes of the institutions that made modern lending possible: the halls of Congress, the boardrooms of multinationals, and the back rooms of loan sharks. America's newfound indebtedness resulted not from a culture in decline, but from changes in the larger structure of American capitalism that were created, in part, by the choices of the powerful--choices that made lending money to facilitate consumption more profitable than lending to invest in expanded production.

From the origins of car financing to the creation of subprime lending, Debtor Nation presents a nuanced history of consumer credit practices in the United States and shows how little loans became big business.

 
 
Get DNL Reader, itís free.
Create your own eBook
Download ePageWiz
 
Princeton.eBook.com
 
site map  |   home  |   contact  |   contact  |   terms and conditions  |   privacy policy
   
  © 2014  DNAML  DNAML  
Other eBook Stores:  -  dnlebooks.com  -  Enter4books.com  -  Loveebooks.com  -  romance.dnlebooks.com  -  cleverbooks.com  -  ebookauthors.com  -  ebookmafia.com
spacer
spacer