{{Short description|2011 book by Louis Hyman}} {{Infobox book | <!-- See Wikipedia:WikiProject_Novels or Wikipedia:WikiProject_Books --> | name = Debtor Nation: The History of America in Red Ink | image = File:Debtor Nation.jpg | caption = First edition cover | author = Louis Hyman | illustrator = | cover_artist = | country = United States | language = English | genre = History | publisher = Princeton University Press | pub_date = January 2011 | media_type = Print Hardcover | pages = 392 | isbn = 978-0-691-14068-1 | oclc = }}
'''''Debtor Nation: The History of America in Red Ink''''' is a book written by Harvard economic historian Louis Hyman and published by Princeton University Press in 2011.<ref name="Teitell 08">{{cite news |url=http://archive.boston.com/bostonglobe/magazine/articles/2008/11/02/deep_in_debt/ |title=Deep in Debt |last=Teitell |first=Beth |date=November 2, 2008 |newspaper=The Boston Globe}}</ref>
== Argument== The book argues that in order to understand the rise of our contemporary debt-driven economy, we must look back at the history of American markets and American policy in the 20th century.
The book combines the methods of economic, business, political, and social history.<ref name="PUP">{{cite web |url=http://press.princeton.edu/titles/9431.html |title=Hyman, L.: Debtor Nation: The History of America in Red Ink |publisher=Princeton University Press |date=November 8, 2010}}</ref>
== Chapters== The book is arranged into nine chapters, spanning the twentieth century. * An Introduction to the History of Debt * [http://press.princeton.edu/chapters/s9431.pdf Chapter One: Making Credit Modern: The Origins of the Debt Infrastructure in the 1920s] * Chapter Two: Debt and Recovery: New Deal Housing Policy and the Making of National Mortgage Markets * Chapter Three: How Commercial Bankers Discovered Consumer Credit: The Federal Housing Administration and Personal Loan Departments, 1934–1938 * Chapter Four: War and Credit: Government Regulation and Changing Credit Practices * Chapter Five: Postwar Consumer Credit: Borrowing for Prosperity * Chapter Six: Legitimating the Credit Infrastructure: Race, Gender, and Credit Access * Chapter Seven: Securing Debt in an Insecure World: Credit Cards and Capital Markets * Epilogue: Debt as Choice, Debt as Structure
==In popular culture== Hyman's arguments in ''Debtor Nation'' inform his explanations of the financial crisis in David Sington's documentary ''The Flaw'' which premiered at the Sheffield International Documentary Festival in November 2010.<ref>{{cite web|url=http://www.huffingtonpost.com/stephen-lambert/post_1119_b_772911.html|title=The Flaw: Examining the Roots of Economic Malaise|last=Lambert|first=Stephen|date=October 23, 2010|work=The Huffington Post}}</ref>
==See also== * ''Debt: The First 5000 Years'' a 2011 book by David Graeber
== References == {{reflist}}
==External links== * [https://sites.google.com/site/debtornation/ ''Debtor Nation''], author's site for the book * [http://press.princeton.edu/titles/9431.html ''Debtor Nation''], the publisher's site for the book * [http://press.princeton.edu/chapters/s9431.pdf "Chapter One: Making Credit Modern: The Origins of the Debt Infrastructure in the 1920s"]
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{{DEFAULTSORT:Debtor Nation}} Category:2011 non-fiction books Category:History books about the United States Category:Princeton University Press books