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Consumer Lending in France and America: Credit and Welfare

Gunnar Trumbull




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 | #2413947 in eBooks |  2014-08-31 |  2014-07-16 | File type: PDF

|| |"Trumbull pursues the problem of American indebtedness in ways unlike other books published on the subject, and his style is clear and reader-friendly. The central claim that emerges is counterintuitive, yet will make scholars working to understand modern cred

Why did America embrace consumer credit over the course of the twentieth century, when most other countries did not? How did American policy makers by the late twentieth century come to believe that more credit would make even poor families better off? This book traces the historical emergence of modern consumer lending in America and France. If Americans were profligate in their borrowing, the French were correspondingly frugal. Comparison of the two countries reveals t...

You can specify the type of files you want, for your device.Consumer Lending in France and America: Credit and Welfare   |  Gunnar Trumbull. A good, fresh read, highly recommended.

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