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Original Essays | September 4, 2014

Edward E. Baptist: IMG The Two Bodies of The Half Has Never Been Told: Slavery and the Making of American Capitalism



My new book, The Half Has Never Been Told: Slavery and the Making of American Capitalism, is the story of two bodies. The first body was the new... Continue »
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Going Broke: Why Americans Can't Hold on to Their Money

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Going Broke: Why Americans Can't Hold on to Their Money Cover

 

Synopses & Reviews

Publisher Comments:

Over the last three decades, debt, bankruptcy, and home foreclosures have risen to epidemic levels. To make matters worse, the personal savings rate is at its lowest point since the Great Depression. Why, in the richest nation on earth, can't Americans hold on to our money?

Winner of the prestigious William James Book Award for Believing in Magic and an authority on irrational behavior, Stuart Vyse offers a unique psychological perspective on the financial behavior of the many Americans today who find they cannot make ends meet, illuminating the causes of our wildly self-destructive spending habits. But unlike other authors, he doesn't entirely blame the victim. Bringing together fascinating studies of consumer behavior, he argues that the mountain of debt burying so many of us is the inevitable byproduct of America's turbo-charged economy and, in particular, of social and technological trends that undermine our self-control. Going Broke illuminates everything from the rise of the credit card, to the increase in state lotteries and casino gambling, to the expansion of new shopping opportunities provided by toll-free numbers, home shopping networks, big-box stores, and the Internet, revealing how vast changes in American society over the last 30 years have greatly complicated our relationship with money. Vyse concludes both with personal advice for the individual who wants to achieve greater financial stability and with pointed recommendations for economic and social change that will help promote the financial health of all Americans.

Engagingly written, with startling insights into modern consumerism and with poignant human-interest stories of people facing financial failure, Going Broke offers a provocative new perspective on American economic behavior that is likely to stir controversy and serious debate.

About the Author

Stuart Vyse is Professor of Psychology at Connecticut College, in New London. He is the author of Believing in Magic: The Psychology of Superstition, which won the prestigious William James Book Award in 1999.

Product Details

ISBN:
9780195306996
Author:
Vyse, Stuart
Publisher:
Oxford University Press, USA
Author:
null, Stuart
Subject:
General
Subject:
Social Psychology
Subject:
Consumer education
Subject:
Finance, personal
Subject:
Economics - Macroeconomics
Subject:
Personal Finance - General
Subject:
Psychology, Social.
Subject:
Psychology
Subject:
Finance, Personal -- United States.
Subject:
Consumer education -- United States.
Subject:
Economics - General
Copyright:
Publication Date:
20080231
Binding:
HARDCOVER
Grade Level:
Professional and scholarly
Language:
English
Illustrations:
Y
Pages:
368
Dimensions:
6.2 x 9.3 x 1 in 1.419 lb

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Business » Communication
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History and Social Science » American Studies » Popular Culture
History and Social Science » Economics » General
Religion » Comparative Religion » General

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