Financing the American Dream: A Cultural History of Consumer Credit / Edition 1

Financing the American Dream: A Cultural History of Consumer Credit / Edition 1

by Lendol Calder
     
 

"At last—an accessible and scholarly history of the American consumer's best friend and worst enemy."—James Grant, author of Money of the Mind and editor of Grant's Interest Rate Observer

"Lendol Calder is the first scholar in the field of modern U.S. social history to describe and analyze the century-long (1820s through 1920s)

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Overview

"At last—an accessible and scholarly history of the American consumer's best friend and worst enemy."—James Grant, author of Money of the Mind and editor of Grant's Interest Rate Observer

"Lendol Calder is the first scholar in the field of modern U.S. social history to describe and analyze the century-long (1820s through 1920s) evolution of the incidence of debt, the availability of credit, and the prevailing attitudes toward both, as keystones to understanding twentieth-century changes in U.S. consumer culture". The quality of writing in the book is exceptional."—Otis A. Pease, University of Washington

"Calder has produced a book that will not only add to what we know about 'consumer culture,' but will also force business historians to rethink the relative importance to the rise of consumerism of management innovations and advertising. Calder shows clearly that there is a third source of consumerism: installment credit."—William R. Childs, Ohio State University

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Product Details

ISBN-13:
9780691074559
Publisher:
Princeton University Press
Publication date:
01/22/2001
Edition description:
New Edition
Pages:
400
Product dimensions:
6.14(w) x 9.21(h) x 0.88(d)

Table of Contents

Acknowledgments
Introduction: Credit, Consumer Culture, and the American Dream3
Pt. 1Getting Trusted: Debt and Credit before Consumer Credit35
Ch. 1Beautiful Credit! The Foundation of Modern Society37
Ch. 2Debt in the Victorian Money Management Ethic74
Pt. 2Getting the Goods: The Making of a Credit Revolution109
Ch. 3Small-Loan Lending and the Rise of the Personal Finance Company111
Ch. 4Hard Payments: The Rise of Installment Selling156
Pt. 3Getting Credit: The Legitimization of Consumer Debt209
Ch. 5From Consumptive Credit to Consumer Credit211
Ch. 6Consumer Credit in the Great Depression262
Epilogue291
Notes305
Index365

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