Coverart for item
The Resource Debtor nation : the history of America in red ink, Louis Hyman

Debtor nation : the history of America in red ink, Louis Hyman

Label
Debtor nation : the history of America in red ink
Title
Debtor nation
Title remainder
the history of America in red ink
Statement of responsibility
Louis Hyman
Title variation
History of America in red ink
Creator
Subject
Genre
Language
eng
Summary
"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."--Jacket
Member of
Cataloging source
DLC
http://library.link/vocab/creatorDate
1977-
http://library.link/vocab/creatorName
Hyman, Louis
Dewey number
332.70973
Illustrations
illustrations
Index
index present
LC call number
HG3756.U54
LC item number
H96 2011
Literary form
non fiction
Nature of contents
bibliography
Series statement
Politics and society in twentieth-century America
http://library.link/vocab/subjectName
  • Consumer credit
  • Debt
  • Loans, Personal
  • United States
  • United States
  • Consumer credit
  • Debt
  • Economic history
  • Economic policy
  • Loans, Personal
  • United States
  • Consumentenkrediet
  • Schulden
  • Persoonlijke leningen
  • Verenigde Staten
  • Konsumentenkredit
  • Schulden
  • Wirtschaftspolitik
  • USA
  • Consumer credit
  • Personal finance
  • Debt
  • United States
  • United States
Label
Debtor nation : the history of America in red ink, Louis Hyman
Link
http://press.princeton.edu/chapters/s9431.pdf
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 293-364) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
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 -- Debt as choice, debt as structure
Control code
ocn679940593
Dimensions
24 cm.
Extent
378 pages
Isbn
9780691156163
Lccn
2010031594
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustrations
System control number
  • (Sirsi) i9780691140681
  • (OCoLC)679940593
Label
Debtor nation : the history of America in red ink, Louis Hyman
Link
http://press.princeton.edu/chapters/s9431.pdf
Publication
Bibliography note
Includes bibliographical references (pages 293-364) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
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 -- Debt as choice, debt as structure
Control code
ocn679940593
Dimensions
24 cm.
Extent
378 pages
Isbn
9780691156163
Lccn
2010031594
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustrations
System control number
  • (Sirsi) i9780691140681
  • (OCoLC)679940593

Library Locations

    • Waubonsee: Sugar Grove Campus - Todd LibraryBorrow it
      Collins Hall 2nd Floor Waubonsee Community College Route 47 at Waubonsee Drive, Sugar Grove, IL, 60554-9454, US
      41.7974 -88.45785
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