Debtor Nation The History of America in Red Ink

Name: Debtor Nation The History of America in Red Ink
Price: 13.32 USD
Availability: InStock
ISBN: 9780691156163

ISBN-10: 0691156166

ISBN-13: 9780691156163

Edition: 2011

Authors: Louis Hyman

List price: $32.00

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Description:

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 Nationtraces 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…

Book details

List price: $32.00
Copyright year: 2011
Publisher: Princeton University Press
Publication date: 10/28/2012
Binding: Paperback
Pages: 392
Size: 6.18" wide x 9.17" long x 1.10" tall
Weight: 1.232
Language: English

Louis Hyman is assistant professor of history at the ILR School of Cornell University.



List of Illustrations


An Introduction to the History of Debt



Making Credit Modern: The Origins of the Debt Infrastructure in the 1920s



Debt and Recovery: New Deal Housing Policy and the Making of National Mortgage Markets



How Commercial Bankers Discovered Consumer Credit: The Federal Housing Administration and Personal Loan Departments, 1934-1938



War and Credit: Government Regulation and Changing Credit Practices



Postwar Consumer Credit: Borrowing for Prosperity



Legitimating the Credit Infrastructure: Race, Gender, and Credit Access



Securing Debt in an Insecure World: Credit Cards and Capital Markets


Epilogue: Debt as Choice, Debt as Structure


Acknowledgments


Abbreviations


Notes


References


Index