Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Borrow: The American Way of Debt

Borrow: The American Way of Debt

Hyman, Louis

Paperback

Economics20th Century United States History21st Century United States History

ISBN10: 0307741680
ISBN13: 9780307741684
Publisher: Knopf Doubleday Publishing Group
Published: Jan 24 2012
Pages: 304
Weight: 0.60
Height: 0.60 Width: 5.10 Depth: 8.00
Language: English
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

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