A Piece of the Action by Joe Nocera
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?Joe Nocera writes for The New York Times as an op-ed columnist. He formerly worked as a staff writer for The New York Times Magazine and a business columnist for The New York Times. He worked for Fortune for ten years, rising to the position of editorial director, and has written for a variety of publications, including GQ, Esquire, and Newsweek. For excellence in business journalism, he has earned three Gerald Loeb prizes and three John Hancock awards. His most recent book, All the Devils Are Here, was a New York Times bestseller that he coauthored with Bethany McClean. He is a New Yorker.
| SKU | Unavailable |
| ISBN 13 | 9781476744896 |
| ISBN 10 | 1476744890 |
| Title | A Piece of the Action |
| Author | Joe Nocera |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Simon And Schuster |
| Year published | 2013-10-15 |
| Number of pages | 480 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |