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Money of the Mind: How the 1980s Got That Way

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Money of the Mind: How the 1980s Got That WayThe 1980s witnessed a lemming like rush into the sea of debt on the part of the American industrial and financial communities, with consequences we are only beginning to appreciate. But the speculative frenzy of the eighties didn't just happen. It was the culmination of a long cycle of slow relaxation of credit practices the subject of James Grant's brilliant, clear eyed history of American finance. Two long running trends converged in the 1980s to

The 1980s witnessed a lemming-like rush into the sea of debt on the part of the American industrial and financial communities, with consequences we are only beginning to appreciate. But the speculative frenzy of the eighties didn't just happen. It was the culmination of a long cycle of slow relaxation of credit practices--the subject of James Grant's brilliant, clear-eyed history of American finance. Two long-running trends converged in the 1980s to create one of our greatest speculative booms: the democratization of credit and the socialization of risk. At the turn of the century, it was almost impossible for the average working person to get a loan. In the 1980s, it was almost impossible to refuse one. As the pace of lending grew, the government undertook to bear more and more of the creditors' risk--a pattern, begun in the Progressive era, which reached full flower in the "conservative" administration of Ronald Reagan. Based on original scholarship as well as firsthand observation, Grant's book puts our recent love affair with debt in an entirely fresh, often chilling, perspective. The result is required--and wickedly entertaining--reading for everyone who wants or needs to understand how the world really works.
"A brilliantly eccentric, kaleidoscopic tour of our credit lunacy. . . . A splendid, tooth-gnashing saga that should be savored for its ghoulish humor and passionately debated for its iconoclastic analysis. It is a fitting epitaph to the credit binge of the '80s."--Ron Chernow, The Wall Street Journal.



Binding Type: Paperback
Publisher: Farrar, Strauss & Giroux-3pl
Published: 05/01/1994
ISBN: 9780374524012
Pages: 528
Weight: 1.66lbs
Size: 9.05h x 6.11w x 1.26d

Review Citations: Publishers Weekly 05/23/1994
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SKU: 84646461675

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Amazon Customer
Alexandria, US
★★★★★ 1
Just salt taste
Flavor Name: Salt & Pepper, Size: 3 Ounce (Pack of 1)
Just bad...what a waste of money. Taste just like salt and nothing else.
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Reviewed in the United States on March 29, 2026
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Marilyn Smith
Grantham, US
★★★★★ 5
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excellent in every way!
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Reviewed in the United States on April 23, 2026
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Katrina
Belleville, US
★★★★★ 5
Great taste
Flavor Name: Salt & Pepper, Size: 3 Ounce (Pack of 1)
Great taste. Had to pace myself and not eat the whole bag too quickly. Just expensive but most good jerkey is.
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zendogbreath
Natrona Heights, US
★★★★★ 5
good food
Flavor Name: Tender Strips, Size: 8 Ounce (Pack of 2)
tasty stuff. excellent ingredients. thank you
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Nikki A
Grantham, US
★★★★★ 1
Rancid tasting
Flavor Name: Tender Strips, Size: 2 Ounce (Pack of 2)
I've been on carnivore for 3 years. I've tried many different snacks but I've never tasted anything so gross... I have no problem with the jerky texture but I wonder if it got a bad batch. It tasted horrid... not recommend.
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Reviewed in the United States on February 11, 2026

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