Debtor nation : the history of America in red ink /

"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. H...

Full description

Saved in:
Bibliographic Details
Main Author: Hyman, Louis, 1977-
Format: Book
Language:English
Published: Princeton, N.J. : Princeton University Press, ©2011.
Series:Politics and society in twentieth-century America
Subjects:

MARC

LEADER 00000cam a2200000 a 4500
001 257022b1-4679-4b2e-9bb2-c09d86ca817f
005 20240707000000.0
008 100811s2011 njua b 001 0 eng
010 |a  2010031594 
020 |a 9780691140681  |q (hbk. ;  |q alk. paper) 
020 |a 0691140685 
020 |a 9780691156163 
020 |a 0691156166 
035 |a (OCoLC)679940593 
035 |a (OCoLC)ocn679940593 
035 |a (EXLNZ-01MNPALS_NETWORK)9910067702004266 
040 |a DLC  |b eng  |c DLC  |d BTCTA  |d YDXCP  |d BWX  |d CDX  |d GPM  |d NLGGC  |d UNE  |d ZAD  |d LMR  |d UKMGB  |d MIX  |d EDK  |d BDX  |d TULIB  |d ZID  |d VLR  |d ABG  |d CGN  |d OCLCF  |d VLR  |d OCLCQ  |d HEBIS  |d OCLCO  |d OCLCQ  |d OCL  |d T3B  |d OCLCO  |d MOR  |d OCLCA  |d OCLCQ  |d UEJ  |d DHA  |d OCLCQ  |d FCE  |d OCLCA  |d L2U  |d OCLCO 
043 |a n-us--- 
049 |a MNTA 
050 0 0 |a HG3756.U54  |b H96 2011 
082 0 0 |a 332.70973  |2 22 
084 |a 83.30  |2 bcl 
090 |a HG3756.U54  |b H96 2011  |9 LOCAL 
100 1 |a Hyman, Louis,  |d 1977- 
245 1 0 |a Debtor nation :  |b the history of America in red ink /  |c Louis Hyman. 
246 3 |a History of America in red ink 
260 |a Princeton, N.J. :  |b Princeton University Press,  |c ©2011. 
300 |a 378 pages :  |b illustrations ;  |c 24 cm. 
336 |a text  |b txt  |2 rdacontent 
337 |a unmediated  |b n  |2 rdamedia 
338 |a volume  |b nc  |2 rdacarrier 
490 1 |a Politics and society in twentieth-century America 
504 |a Includes bibliographical references (pages 293-364) and index. 
505 0 |a 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. 
520 |a "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. 
650 0 |a Consumer credit  |z United States  |x History  |y 20th century. 
650 0 |a Debt  |z United States  |x History  |y 20th century. 
650 0 |a Loans, Personal  |z United States  |x History  |y 20th century. 
651 0 |a United States  |x Economic conditions  |y 20th century. 
651 0 |a United States  |x Economic policy  |y 20th century. 
650 7 |a 83.30 economic conditions, development and structure: general.  |0 (NL-LeOCL)077607139  |2 bcl 
650 7 |a Consumer credit.  |2 fast  |0 (OCoLC)fst00876277 
650 7 |a Debt.  |2 fast  |0 (OCoLC)fst00888768 
650 7 |a Economic history.  |2 fast  |0 (OCoLC)fst00901974 
650 7 |a Economic policy.  |2 fast  |0 (OCoLC)fst00902025 
650 7 |a Loans, Personal.  |2 fast  |0 (OCoLC)fst01001105 
651 7 |a United States.  |2 fast  |0 (OCoLC)fst01204155 
650 7 |a Konsumentenkredit  |2 gnd 
650 7 |a Schulden.  |2 gnd 
650 7 |a Wirtschaftspolitik  |2 gnd 
651 7 |a USA.  |2 gnd 
650 1 7 |a Consumentenkrediet.  |2 gtt 
650 1 7 |a Schulden.  |2 gtt 
650 1 7 |a Persoonlijke leningen.  |2 gtt 
651 7 |a Verenigde Staten.  |2 gtt 
648 7 |a 1900-1999  |2 fast 
655 7 |a History.  |2 fast  |0 (OCoLC)fst01411628 
830 0 |a Politics and society in twentieth-century America 
999 1 0 |i 257022b1-4679-4b2e-9bb2-c09d86ca817f  |l 990073989670104301  |s US-MNMANS  |m debtor_nationhistory_of_america_in_red_ink_________________________________2011_______princa________________________________________hyman__louis_______________________p 
999 1 0 |i 257022b1-4679-4b2e-9bb2-c09d86ca817f  |l 990075033600104303  |s US-MNMN  |m debtor_nationhistory_of_america_in_red_ink_________________________________2011_______princa________________________________________hyman__louis_______________________p 
999 1 0 |i 257022b1-4679-4b2e-9bb2-c09d86ca817f  |l 990073401800104287  |s US-MNMPCTC  |m debtor_nationhistory_of_america_in_red_ink_________________________________2011_______princa________________________________________hyman__louis_______________________p 
999 1 0 |i 257022b1-4679-4b2e-9bb2-c09d86ca817f  |l 991000974769703686  |s US-MNSB  |m debtor_nationhistory_of_america_in_red_ink_________________________________2011_______princa________________________________________hyman__louis_______________________p 
999 1 0 |i 257022b1-4679-4b2e-9bb2-c09d86ca817f  |l 991002039729703688  |s US-MNSH  |m debtor_nationhistory_of_america_in_red_ink_________________________________2011_______princa________________________________________hyman__louis_______________________p 
999 1 0 |i 257022b1-4679-4b2e-9bb2-c09d86ca817f  |l 990073834120104285  |s US-MNSPMSU  |m debtor_nationhistory_of_america_in_red_ink_________________________________2011_______princa________________________________________hyman__louis_______________________p 
999 1 0 |i 257022b1-4679-4b2e-9bb2-c09d86ca817f  |l 991002163349703689  |s US-MNSSC  |m debtor_nationhistory_of_america_in_red_ink_________________________________2011_______princa________________________________________hyman__louis_______________________p 
999 1 0 |i 257022b1-4679-4b2e-9bb2-c09d86ca817f  |l 991007283419703691  |s US-MNSST  |m debtor_nationhistory_of_america_in_red_ink_________________________________2011_______princa________________________________________hyman__louis_______________________p 
999 1 0 |i 257022b1-4679-4b2e-9bb2-c09d86ca817f  |l 990073125650104318  |s US-MNSTCLS  |m debtor_nationhistory_of_america_in_red_ink_________________________________2011_______princa________________________________________hyman__louis_______________________p 
999 1 0 |i 257022b1-4679-4b2e-9bb2-c09d86ca817f  |l 9914826110001701  |s US-MNU  |m debtor_nationhistory_of_america_in_red_ink_________________________________2011_______princa________________________________________hyman__louis_______________________p 
999 1 0 |i 257022b1-4679-4b2e-9bb2-c09d86ca817f  |l 990073907360104273  |s US-MNWBLCC  |m debtor_nationhistory_of_america_in_red_ink_________________________________2011_______princa________________________________________hyman__louis_______________________p 
999 1 0 |i 257022b1-4679-4b2e-9bb2-c09d86ca817f  |l 990075055640104321  |s US-MNWINOS  |m debtor_nationhistory_of_america_in_red_ink_________________________________2011_______princa________________________________________hyman__louis_______________________p 
999 1 0 |i 257022b1-4679-4b2e-9bb2-c09d86ca817f  |l 990074169980104314  |s US-MNWINOSM  |m debtor_nationhistory_of_america_in_red_ink_________________________________2011_______princa________________________________________hyman__louis_______________________p 
999 1 1 |l 990073989670104301  |s ISIL:US-MNMANS  |i Minnesota State University, Mankato  |t BKS  |a GEN  |c HG3756.U54 H96 2011  |b 30101021704853  |x BOOK  |y 2380728520004301  |p LOANABLE 
999 1 1 |l 990075033600104303  |s ISIL:US-MNMN  |i Normandale Community College  |t BKS  |a GEN  |c HG3756.U54 H96 2011  |b 30205003748232  |x BOOK  |y 2313572190004303  |p LOANABLE 
999 1 1 |l 990073401800104287  |s ISIL:US-MNMPCTC  |i Minneapolis College  |t BKS  |a GEN  |c HG3756.U54 H96 2011  |b 30204002214379  |x BOOK  |y 2359232560004287  |p LOANABLE 
999 1 1 |l 991000974769703686  |s ISIL:US-MNSB  |i Bethel University  |t BKS  |a main  |c 332.70973  |b 30512021486830  |x BOOK  |y 2390937480003686  |p LOANABLE 
999 1 1 |l 991002039729703688  |s ISIL:US-MNSH  |i Hamline University  |t BKS  |a b  |c HG3756.U54 H96 2011  |b 30521021761290  |x BOOK  |y 23142537780003688  |p LOANABLE 
999 1 1 |l 990073834120104285  |s ISIL:US-MNSPMSU  |i Metropolitan State University  |t BKS  |a GEN  |c HG3756.U54 H96 2011  |b 30112000904612  |x BOOK  |y 2323675060004285  |p LOANABLE 
999 1 1 |l 991002163349703689  |s ISIL:US-MNSSC  |i St. Catherine University  |t BKS  |a main  |c HG3756.U54 H96 2011  |b 30514021766500  |x BOOK  |y 23100671870003689  |p LOANABLE 
999 1 1 |l 991007283419703691  |s ISIL:US-MNSST  |i University of St. Thomas, O'Shaughnessy-Frey Library  |t BKS  |a MAIN  |c HG3756.U54 H96 2011  |b 30516022098437  |x BOOK  |y 23241507860003691  |p LOANABLE 
999 1 1 |l 990073125650104318  |s ISIL:US-MNSTCLS  |i St. Cloud State University  |t BKS  |a MSTA  |c HG3756.U54 H96 2011  |b 30102015105834  |x BOOK  |y 2352082730004318  |p LOANABLE 
999 1 1 |l 9914826110001701  |s ISIL:US-MNU  |i University of Minnesota  |t BKS  |a TWILSGEN  |c HG3756.U54 H96 2011  |d LCC  |b 31951D03213804S  |x BOOK  |y 23317591660001701  |p LOANABLE 
999 1 1 |l 990073907360104273  |s ISIL:US-MNWBLCC  |i Century College  |t BKS  |a BKS  |c HG3756.U54 H96 2011  |b 30203002297640  |x BOOK  |y 2316734410004273  |p LOANABLE 
999 1 1 |l 990075055640104321  |s ISIL:US-MNWINOS  |i Winona State University  |t BKS  |a MAIN  |c HG3756.U54 H96 2011  |b 30106005821862  |x BOOK  |y 2341889600004321  |p LOANABLE 
999 1 1 |l 990074169980104314  |s ISIL:US-MNWINOSM  |i Saint Mary's University of Minnesota, Winona  |t BKS  |a GENLO  |c 332.7 H99  |b 33500002276822  |x BOOK  |y 2326389800004314  |p LOANABLE