Beschreibung A Piece of the Action: How the Middle Class Joined the Money Class. Now with a new introduction describing the fallout of America’s consumer credit boom, 1994’s wildly acclaimed bestseller A Piece of the Action tells the story of how millions of middle class Americans went from being savers to borrowers and investors through the invention of credit cards, mutual funds, and IRAs—resulting in profound societal change.“America began to change on a mid-September day in 1958, when the Bank of America dropped its first 60,000 credit cards on the unassuming city of Fresno, California.” So begins Joe Nocera’s riveting account of one of the most astonishing revolutions in modern American life—what Nocera labels “the money revolution.” In the decades since, the middle class has gained access to credit cards, to mutual funds, to retirement accounts—and to hundreds of other financial vehicles that have allowed everyone to get “a piece of the action.” In this lively, engaging book, some of the great financial characters of modern times—from Charles Merrill to Charles Schwab to Peter Lynch—strut across the stage as the course of this great financial shift is charted. In an all-new introduction, Nocera takes a look back at the consequences of the money revolution. Were members of the middle class as prepared as the innovators claimed to take control of their financial lives? Or did events like the dot-com and the housing bubbles suggest something else: that far too many of us lacked the wherewithal to make sound investment decisions?
A Piece of the Action: How the Middle Class Joined the ~ When it was published in 1994, A Piece of the Action was wildly acclaimed by Fortune, The Wall Street Journal, authors Michael Lewis and Brian Burroughs; it won the Helen Bernstein Prize and was a national bestseller. Joseph Nocera describes the historical process by which millions of middle class Americans went from being savers—people who kept their money in the bank, and spent it frugally—to being unrepentant borrowers and investors.
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How The Poor, The Middle Class And The Rich Spend Their Money ~ How The Poor, The Middle Class And The Rich Spend Their Money : Planet Money The poor spend more of their money on essentials like groceries and utilities. The rich spend more on education.
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The Book of Hopes / National Literacy Trust ~ Join us / Login. See all in 9 to 12 The Book of Hopes: Words and Pictures to Comfort, Inspire and Entertain Children. Edited by Katherine Rundell, with contributions from more than 100 children’s writers and illustrators . Completely free for everyone to read online, this extraordinary collection of short stories, poems, essays and pictures has contributions from more than 110 children’s .
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25 Excellent Pieces of Advice That Most People Ignore ~ Lead 25 Excellent Pieces of Advice That Most People Ignore When you hear good advice, you should always do two things: Take it in and pass it on.
The Loneliness of the Long-Distance Runner - Wikipedia ~ "The Loneliness of the Long-Distance Runner" is a short story by Alan Sillitoe, published in 1959 as part of a short story collection of the same title. The work focuses on Smith, a poor Nottingham teenager from a dismal home in a working class area, who has bleak prospects in life and few interests beyond petty crime.The boy turns to long-distance running as a method of both emotional and .
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