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Money of the Mind: How the 1980s Got That Way

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Money of the Mind: How the 1980s Got That WayThe 1980s witnessed a lemming like rush into the sea of debt on the part of the American industrial and financial communities, with consequences we are only beginning to appreciate. But the speculative frenzy of the eighties didn't just happen. It was the culmination of a long cycle of slow relaxation of credit practices the subject of James Grant's brilliant, clear eyed history of American finance. Two long running trends converged in the 1980s to

The 1980s witnessed a lemming-like rush into the sea of debt on the part of the American industrial and financial communities, with consequences we are only beginning to appreciate. But the speculative frenzy of the eighties didn't just happen. It was the culmination of a long cycle of slow relaxation of credit practices--the subject of James Grant's brilliant, clear-eyed history of American finance. Two long-running trends converged in the 1980s to create one of our greatest speculative booms: the democratization of credit and the socialization of risk. At the turn of the century, it was almost impossible for the average working person to get a loan. In the 1980s, it was almost impossible to refuse one. As the pace of lending grew, the government undertook to bear more and more of the creditors' risk--a pattern, begun in the Progressive era, which reached full flower in the "conservative" administration of Ronald Reagan. Based on original scholarship as well as firsthand observation, Grant's book puts our recent love affair with debt in an entirely fresh, often chilling, perspective. The result is required--and wickedly entertaining--reading for everyone who wants or needs to understand how the world really works.
"A brilliantly eccentric, kaleidoscopic tour of our credit lunacy. . . . A splendid, tooth-gnashing saga that should be savored for its ghoulish humor and passionately debated for its iconoclastic analysis. It is a fitting epitaph to the credit binge of the '80s."--Ron Chernow, The Wall Street Journal.



Binding Type: Paperback
Publisher: Farrar, Strauss & Giroux-3pl
Published: 05/01/1994
ISBN: 9780374524012
Pages: 528
Weight: 1.66lbs
Size: 9.05h x 6.11w x 1.26d

Review Citations: Publishers Weekly 05/23/1994
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SKU: 84646461675

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Birmingham, US
★★★★★ 4
Healthy treat!!
Size: 14 Ounce (Pack of 1)
My little Yorkie loves these! A healthy treat that's not messy and keeps him busy.
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Birmingham, US
★★★★★ 5
Dogs love these
Size: 2 Pound (Pack of 1)
My dogs love these. Kind of like a potato strip. A simple dried but slightly chewy strip. Will buy again.
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Belleville, US
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Best dog snack around.
These are my dog’s favorite snacks in the world. They are fresh, healthy, and the dog thinks she’s getting a naughty snack because they’re sweet! 😆
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Cuba, US
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Good treats
Dogs love these! We have Chihuahuas and have to cut these in half for them as a while one is too large.
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Kiki
Lowell, US
★★★★★ 5
Healthy, Slightly Soft/Chewy Treat!
VERY pleased to have found these! Wanted something to offer Mookie as a "special treat" (a step up from Milkbones, but NOT long-lasting) that was healthy and easily digestible. He wasn't sure what to make of them at first... they're fairly soft and a little chewy, and they just smell like FRESH sweet potatoes -- not any fake meat or seasoning. Once he started chewing, however, he got very excited about the new treat, and now when he hears the bag being handled/opened, he comes running and does his little happy dance! We'll be keeping these on hand because the quality and reasonable price - combined with the LACK of tummy distress and his enjoyment - make this a "go-to" special reward.
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