Consumer Credit and the American Economy
Title | Consumer Credit and the American Economy PDF eBook |
Author | Thomas A. Durkin |
Publisher | Financial Management Associati |
Total Pages | 737 |
Release | 2014 |
Genre | Business & Economics |
ISBN | 0195169921 |
This article provides an introduction to a law review symposium by the Journal of Law, Economics, and Policy on our book (co-authored with Michael E. Staten), Consumer Credit and the American Economy (Oxford 2014). The conference, held November 2014, collects several articles responding to and building on the research agenda laid out by our book. For those who have not read the book, this article is intended to summarize several of the main themes of the book, including discussion of economic models of consumer credit usage, trends in consumer credit usage over time, the use of high-cost credit, and behavioral economics.
Consumer Credit and the American Economy
Title | Consumer Credit and the American Economy PDF eBook |
Author | Thomas A. Durkin |
Publisher | |
Total Pages | 720 |
Release | 2014 |
Genre | Consumer credit |
ISBN | 9780199384976 |
This text examines the economic, psychological, sociological, historical, and legal traditions behind the demand, supply, institutions, and regulation of consumer credit in today's marketplace and how and why they have evolved.
It's in the Cards
Title | It's in the Cards PDF eBook |
Author | Lloyd Klein |
Publisher | Bloomsbury Publishing USA |
Total Pages | 169 |
Release | 1999-12-30 |
Genre | Social Science |
ISBN | 0313002304 |
This is the first comprehensive account of the development of consumer credit. Consumer credit is a vital force driving the development of our economic system. Rather than look at consumer credit solely as an economic phenomenon, Klein examines the social impact of the consumer credit industry within the framework of economic and cultural change. His analysis offers a concise examination of the industry from the perspective of marketing, the creating of material and experiential products, and the product distribution mechanisms. The discussion of changes within the bankruptcy structure accounts for the creation of overzealous consumer spending and the implementation of controls over individual consumer credit. This will be of interest to scholars or students concentrating in economic sociology, stratification, and cultural studies.
The Role of the Sales Finance Companies in the American Economy
Title | The Role of the Sales Finance Companies in the American Economy PDF eBook |
Author | Clyde William Phelps |
Publisher | |
Total Pages | 92 |
Release | 1952 |
Genre | Installment plan |
ISBN |
The Importance of the National Credit Reporting System to Consumers and the U.S. Economy
Title | The Importance of the National Credit Reporting System to Consumers and the U.S. Economy PDF eBook |
Author | United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit |
Publisher | |
Total Pages | 232 |
Release | 2003 |
Genre | Business & Economics |
ISBN |
The Consumer, Credit and Neoliberalism
Title | The Consumer, Credit and Neoliberalism PDF eBook |
Author | Christopher Payne |
Publisher | Routledge |
Total Pages | 249 |
Release | 2012 |
Genre | Business & Economics |
ISBN | 0415680115 |
This book is an investigation into the economic policy formulation and practice of neoliberalism in Britain from the 1950s through to the financial crisis and economic downturn that began in 2007-8. It demonstrates that influential economists, such as F.A. Hayek and Milton Friedman, authors at key British think tanks such as the Institute of Economic Affairs and the Centre for Policy Studies, and important political figures of the Thatcher and New Labour governments shared a similar conception of the consumer. For neoliberals, the idea that consumers were weak in the face of businesses and large corporations was almost offensive. Instead, consumers were imagined to be sovereign agents in the economy, whose consumption decisions played a central role in the construction of their human capital and in the enabling of their aspirations. Consumption, just like production, came to be viewed as an enterprising and entrepreneurial activity. Consequently, from the early 1980s until the present day, it was felt necessary that banks should have the freedom to meet the borrowing needs of consumers. Credit rationing would be a thing of the past. Just like businesses, consumers and households could use debt to expand their stock of personal assets. By utilizing the method of French philosopher Michel Foucault this book provides an original analysis of the policy ideas and political speeches of key figures in the New Right, in government and at the Bank of England. And it addresses the key question as to why policy-makers both in Britain and the United States did little or nothing to stem rising consumer and household indebtedness, instead always choosing to see increasing house prices and homeownership as a positive to be encouraged.
The Consumer Creditization of the U. S. Economy
Title | The Consumer Creditization of the U. S. Economy PDF eBook |
Author | Bernard C. Beaudreau |
Publisher | Lulu.com |
Total Pages | 184 |
Release | 2009-04-30 |
Genre | Business & Economics |
ISBN | 0557054346 |
Examines the causes of the explosion of consumer credit (consumer creditization) in the U.S. economy. Attributes it to the fallout from factory automation and outsourcing on the ability of the economy to monetize output. Presents the theory of underincome and uses it to examine the rise of consumer credit in general and the various government initiatives aimed at restoring overall purchasing power. These include the Garn-St-Germain Depository Institutions Act of 1982 and the Secondary Mortgage Market Enhancement Act of 1984. Concludes by examining various alternative exchange technologies.