Louis Hyman discusses the changing shape of consumer credit since World War II.
Ever wondered how the credit card came to be? Who benefits and who loses in our system of consumer credit? Or how debt shapes American lives? Listen to find out.
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Louis Hyman is an assistant professor in the Labor Relations, Law, and History department at the ILR school of Cornell University. He has published two books: Debtor Nation: The History of America in Red Ink and Borrow: The American Way of Debt. With Edward Baptist, he teaches a massive open online course entitled American Capitalism: A History. Read more about Louis here.