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MONEY OF THE MIND PB

MONEY OF THE MIND PB
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MONEY OF THE MIND PB

 
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U17828431

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"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.

 
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Product Details
Author:J. GRANT
Paperback:528 pages
Publisher:Farrar, Straus and Giroux
Publication Date:September 30, 1995
Language:English
ISBN:0374524017
Product Length:0.91 inches
Product Width:0.61 inches
Product Height:0.13 inches
Product Weight:1.66 pounds
Package Length:8.8 inches
Package Width:6.0 inches
Package Height:1.4 inches
Package Weight:1.65 pounds
Average Customer Rating: based on 8 reviews

Features
  • ISBN13: 9780374524012

  • Condition: New

  • Notes: BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!


Customer Reviews
Average Customer Review:4.5 ( 8 customer reviews )
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Most Helpful Customer Reviews

27 of 29 found the following review helpful:


3They Don't Mind Taking Your Money  Feb 24, 2007 By Clark Bailey
Though James Grant is an excellent writer, his florid style lends itself better to the short articles he publishes in his newsletter than to this mammoth history of American credit booms and busts. Having said that, if you slug through the details and the (always entertaining) anecdotes, the book can teach you an immense amount of financial history that has been largely forgotten along the way. Its thesis, in short, is that money has increasingly become a government sponsored fiction that serves to defeat the natural risk mechanisms of a healthy credit market (recall that it was written at the time of the S&L bailout). This historical perspective seems essential if you want to understand the liquid world of serial bubbles we have been swimming in for the past ten years, but it is also dangerous, insofar as it may make you want to buy a pile of gold to put in your concrete bunker.

12 of 13 found the following review helpful:


5Nothing new under the sun in credit  Mar 23, 2008 By Lee Phelps
Mr. Grant writes a book now 15 years old that could be redone with a new chapter of the subprime follies. Hardly necessary as he goes over the last 100+ years of similar booms and busts of which subprime is the latest flavor. Knowing that America has recovered from all those busts actually provides some optimism versus the press's gloominess. When it seems darkest means its time to buy. Looking forward to a revised edition in a few years. Mr. Grant is an old time American not an anti-American, he's on record as Cleveland being his favorite President, hardly an anti-American.
This book is well worth the time providing some perspective on today's headlines.

15 of 17 found the following review helpful:


5Grant is the best writer on Wall Street today...  Aug 07, 2007 By Robert R. Frump "Bob"
James Grant is the best writer of his generation on Wall Street today. Those looking for a romp or Wall Street Noir might be disappointed. But for a truly literate look at the world of debt, this book not only informs but entertains.
James Grant. Accept no substitutes.

4 of 4 found the following review helpful:


5very entertaining  Dec 09, 2008 By Bruce_in_LA "reader_in_LA"
Insightful as to American financial history PLUS a great, entertaining read. I disagree with a reviewer who said "the florid style is better suited to short articles." I found his current book of essays so-so. I found this book to be a real page turner and a lot of fun. Five stars for sure.

3 of 3 found the following review helpful:


5Outstanding History of Credit in the U.S. since the Civil War  Mar 18, 2008 By S. R. RITENOUR
This is THE outstanding history of credit in the US since the Civil War. Grant is a great writer who knows both how to turn a phrase and to dig out and provide the interesting, and sometimes odd-ball fact that is perfect for illustrating his larger point. Grant makes clear that the 20th Century was the century of the democratization of credit and the socialization of risk.

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