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History of Debt

Where Your Debt Comes From

Louis Hyman | Posted 03.26.2012 | Books
Louis Hyman

It was the very prosperity of that postwar generation that enabled so much borrowing to occur because it was in the postwar that bankers began to discover how profitable it could be to lend to consumers.

Debt: Shaping Your Life In Ways You Weren't Even Aware Of

David Graeber | Posted 09.28.2011 | Books
David Graeber

Debt seems to be everywhere in the news nowadays: debt ceilings, sovereign debt crises, credit crunches, senate battles over debt protection agencies, subprime mortgages, the creeping feeling that the United States has somehow hocked itself to China.

A Pound Of Flesh: Extraordinary Literary Debts | Posted 09.18.2011 | Books

Today marks the release of David Graeber’s new book, Debt: The First 5,000 Years. In this red-bound tome, Graeber explains the concept of debt and c...