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Consumer Lending in France and America: Credit and Welfare

680 EGP

* Publisher: Cambridge University Press * Copyright: 2014 * Language: English * ISBN13 9781107693906 * Number Of Pages: 239 pages * Edition: 1 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 ... more on Jumia

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Technical Specifications

SKU:JU030BKAJ0IFNAFAMZ
Model:BACCAH - 9781107693906
Main Material:paper
Author:Gunnar Trumbull

Jumia's Description

  • Publisher: Cambridge University Press
  • Copyright: 2014
  • Language: English
  • ISBN13 9781107693906
  • Number Of Pages: 239 pages
  • Edition: 1
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 that America's love affair with credit was not primarily the consequence of its culture of consumption, as many writers have observed,

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