A Piece of the Action : How the Middle Class Joined the Money Class
Language: English
Published by Simon & Schuster Okt 2013, 2013
- Softcover
- New
Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH
AbeBooks seller since August 14, 2006
Condition: New
£ 26.57
Quantity: 2 available
Add to basketItem description from seller
Neuware - Now with a new introduction describing the fallout of America’s consumer credit boom, 1994’s wildly acclaimed bestseller A Piece of the Action tells the story of how millions of middle class Americans went from being savers to borrowers and investors through the invention of credit cards, mutual funds, and IRAs—resulting in profound societal change."America began to change on a mid-September day in 1958, when the Bank of America dropped its first 60,000 credit cards on the unassuming city of Fresno, California." So begins Joe Nocera’s riveting account of one of the most astonishing revolutions in modern American life—what Nocera labels "the money revolution." In the decades since, the middle class has gained access to credit cards, to mutual funds, to retirement accounts—and to hundreds of other financial vehicles that have allowed everyone to get "a piece of the action." In this lively, engaging book, some of the great financial characters of modern times—from Charles Merrill to Charles Schwab to Peter Lynch—strut across the stage as the course of this great financial shift is charted. In an all-new introduction, Nocera takes a look back at the consequences of the money revolution. Were members of the middle class as prepared as the innovators claimed to take control of their financial lives Or did events like the dot-com and the housing bubbles suggest something else: that far too many of us lacked the wherewithal to make sound investment decisions.…
Seller Inventory # 9781476744896
- Title
- A Piece of the Action : How the Middle Class Joined the Money Class
- Author
- Joe Nocera
- Publisher
- Simon & Schuster Okt 2013
- Publication year
- 2013
- Condition
- Neu
- Binding
- Taschenbuch
- Language
- English
- ISBN 10
- 1476744890
- ISBN 13
- 9781476744896
- Item weight
- 421 grams
- Dimensions
- 213x142x32 mm
"America began to change on a mid-September day in 1958, when the Bank of America dropped its first 60,000 credit cards on the unassuming city of Fresno, California." So begins Joe Nocera's riveting account of one of the most astonishing revolutions in modern American life--what Nocera labels "the money revolution." In the decades since, the middle class has gained access to credit cards, to mutual funds, to retirement accounts--and to hundreds of other financial vehicles that have allowed everyone to get "a piece of the action." In this lively, engaging book, some of the great financial characters of modern times--from Charles Merrill to Charles Schwab to Peter Lynch--strut across the stage as the course of this great financial shift is charted.
In an all-new introduction, Nocera takes a look back at the consequences of the money revolution. Were members of the middle class as prepared as the innovators claimed to take control of their financial lives? Or did events like the dot-com and the housing bubbles suggest something else: that far too many of us lacked the wherewithal to make sound investment decisions?
"Synopsis" may belong to another edition of this title.
About the Author
"About the title" may belong to another edition of this title.
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|---|---|---|
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