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The Politics of Consumer Debt

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  • Louis Hyman

Abstract

Facing a crisis of idle capital during the Great Depression, policy-makers developed new ways to promote private investment for public ends. Throughout the twentieth century, the use of state power to guide investment has been a powerful, and now largely ignored, tool of economic policy.

Suggested Citation

  • Louis Hyman, 2012. "The Politics of Consumer Debt," The ANNALS of the American Academy of Political and Social Science, , vol. 644(1), pages 40-49, November.
    • Handle: RePEc:sae:anname:v:644:y:2012:i:1:p:40-49
    DOI: 10.1177/0002716212452721
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    References listed on IDEAS

    as
    1. Leo Grebler & David M. Blank & Louis Winnick, 1956. "Appendix I: The Capital-Output Ratio in Residential Real Estate," NBER Chapters, in: Capital Formation in Residential Real Estate: Trends and Prospects, pages 406-425, National Bureau of Economic Research, Inc.
    2. Carl F. Behrens, 1952. "Commercial Bank Activities in Urban Mortgage Financing," NBER Books, National Bureau of Economic Research, Inc, number behr52-1, May.
    3. Leo Grebler & David M. Blank & Louis Winnick, 1956. "Capital Formation in Residential Real Estate: Trends and Prospects," NBER Books, National Bureau of Economic Research, Inc, number greb56-1, May.
    Full references (including those not matched with items on IDEAS)

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