The American Way

Rosa-Maria Gelpi and François Julien-Labruyère
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Rosa-Maria Gelpi: Cetelem Professor of Economics Université Libre de Lille
François Julien-Labruyère: International CEO, member of the Board of Cetelem

Chapter 8 in The History of Consumer Credit: Doctrines and Practices, 2000, pp 97-118 from Palgrave Macmillan

Abstract: Abstract ‘One aspect of the affluent consumer society that has largely gone unnoticed by sociologists is the extent to which it rests upon the institution of consumer credit.’ Thus writes David Caplovitz (1969, p. 641), an American University Professor specializing in consumer credit. There could hardly be a better introduction to this chapter which looks at the way consumer credit is practised in the United States.

Keywords: Credit Card; Federal Reserve; Consumer Finance; Consumer Credit; Federal Reserve System (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-55451-1_8

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DOI: 10.1057/9780230554511_8

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