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Inequality, Consumer Credit And The Saving Puzzle |
Christopher Brown, Professor of Economics, Arkansas State University, US
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‘Brown makes an important contribution to the field of consumer credit by presenting a broad view of the issues and problems associated with growing consumer credit habits, culture, and institutions. . . This book effectively uses a heterodox methodology, which will appeal to a wide audience of social scientists. Highly recommended.’ – R.H. Scott, Choice
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Contents: 1. Consumer Credit and Effective Demand 2. The Household Debt Surge and the Theory of Habit Selection 3. A Brief History of Innovation in the Consumer Credit Industry 4. The Saving Puzzle: A Closer Examination 5. Macroeconomic Aspects of Consumer Credit Dependence 6. Balance Sheet (Minsky) Effects: An Empirical Analysis 7. Consumerism, Inequality and Globalization 8. Final Remarks Index
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This book is part of the New Directions in Modern Economics series. To view the rest of the series, please use the link.
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