A Piece of the Action: How the Middle Class Joined the Money Class
Categories: Business & Money, History
A history of how ordinary Americans became investors and borrowers, from the rise of the credit card and money market funds to discount brokerage and mutual funds, between the 1950s and 1990s.
Recommended by 2 people
- Warren Buffett: “Joe Nocera was the author. I don't remember the title. But it came out about six months to a year ago. It's a terrific history of the credit card business.”
- Fareed Zakaria: “It’s a wonderfully clear and understandable book explaining exactly how Americans became so addicted to credit, and how Wall Street profited from that addiction.”