Over the last three decades, debt, bankruptcy, and home foreclosures have risen to epidemic levels. To make matters worse, the personal savings rate is at its lowest point since the Great Depression. Why, in the richest nation on earth, can't Americans hold on to our money? Winner of the prestigious William James Book Award for Believing in Magic and an authority on irrational behavior, Stuart Vyse offers a unique psychological perspective on the financial behavior of the many Americans today who find they cannot make ends meet, illuminating the causes of our wildly self-destructive spending habits. But unlike other authors, he doesn't entirely blame the victim. Bringing together fascinating studies of consumer behavior, he argues that the mountain of debt burying so many of us is the inevitable byproduct of America's turbo-charged economy and, in particular, of social and technological trends that undermine our self-control. Going Broke illuminates everything from the rise of the credit card, to the increase in state lotteries and casino gambling, to the expansion of new shopping opportunities provided by toll-free numbers, home shopping networks, big-box stores, and the Internet, revealing how vast changes in American society over the last 30 years have greatly complicated our relationship with money. Vyse concludes both with personal advice for the individual who wants to achieve greater financial stability and with pointed recommendations for economic and social change that will help promote the financial health of all Americans. Engagingly written, with startling insights into modern consumerism and with poignant human-interest stories of people facing financial failure, Going Broke offers a provocative new perspective on American economic behavior that is likely to stir controversy and serious debate.

Three years ago, Rishi Sunak was an unknown junior minister in the Department of Local Government. By the age of thirty-nine, he was Chancellor of the Exchequer, grappling with the gravest economic crisis in modern history. Michael Ashcroft's new book charts Sunak's ascent from his parents' Southampton pharmacy to Oxford University, the City of London, Silicon Valley – and the top of British politics. It is the tale of a super-bright and hard-grafting son of immigrant parents who marries an Indian heiress and makes a fortune of his own; a polished urban southerner who wins over the voters of rural North Yorkshire – and a cautious, fiscally conservative financier who becomes the biggest-spending Chancellor in history. Sunak was unexpectedly promoted to the Treasury's top job in February 2020, with a brief to spread investment and opportunity as part of Boris Johnson's 'levelling up' agenda. Within weeks, the coronavirus had sent Britain into lockdown, with thousands of firms in peril and millions of jobs on the line. As health workers battled to save lives, it was down to Sunak to save livelihoods. This is the story of how he tore up the rulebook and went for broke.

What’s a girl to do when she’s Going Broke? Sarai Emery lost her job as a radio disc jockey when a heated breakup with her wealthy drug dealer boyfriend was accidentally broadcast live. With the sudden loss of income, she goes from living it up to giving it up for cash when she meets a stranger who promises her a steady income working for a high-society escort service. With thoughts of dodging the repo-man, past due bills, an impending eviction, and a bill from the nursing home that cares for her Alzheimer’s-afflicted father fresh on her mind, Sarai feels she has no choice but to plunge into a world where the line that separates sex and money is blurred beyond recognition. When she meets the man of her dreams, will she come clean about how she’s been paying her bills, or will her low-down, dirty secrets rise to the top on their own?

Rothchild tells the incredible story of Robert Campeau's rise and fall, from his acquisition of major department store chains with $11 billion in loans the banks were all too eager to give, to his demise, when the overwhelming debt, coupled with eccentric management practices, drove him into bankruptcy. A fitting epilogue to the money-mad "Era of Debt"--a story of bankers who bent the rules of lending until they broke. Photographs.

Economist Richard Vedder examines the causes of the college tuition crisis and explores ways to reverse this alarming trend.

WASHINGTON POST “COLOR OF MONEY” BOOK CLUB PICK Stop Living Paycheck to Paycheck and Get Your Financial Life Together (#GYFLT)! If you’re a cash-strapped 20- or 30-something, it’s easy to get freaked out by finances. But you’re not doomed to spend your life drowning in debt or mystified by money. It’s time to stop scraping by and take control of your money and your life with this savvy and smart guide. Broke Millennial shows step-by-step how to go from flat-broke to financial badass. Unlike most personal finance books out there, it doesn’t just cover boring stuff like credit card debt, investing, and dealing with the dreaded “B” word (budgeting). Financial expert Erin Lowry goes beyond the basics to tackle tricky money matters and situations most of us face #IRL, including: - Understanding your relationship with moolah: do you treat it like a Tinder date or marriage material? - Managing student loans without having a full-on panic attack - What to do when you’re out with your crew and can’t afford to split the bill evenly - How to get “financially naked” with your partner and find out his or her “number” (debt number, of course) . . . and much more. Packed with refreshingly simple advice and hilarious true stories, Broke Millennial is the essential roadmap every financially clueless millennial needs to become a money master. So what are you waiting for? Let’s #GYFLT!

When Japanese forces attacked Pearl Harbor on December 7, 1941, Americans reacted with revulsion and horror. In the patriotic war fever that followed, thousands of volunteers—including Japanese Americans—rushed to military recruitment centers. Except for those in the Hawaii National Guard, who made up the 100th Infantry Battalion, the U.S. Army initially turned Japanese American prospects away. Then, as a result of anti-Japanese fearmongering on the West Coast, more than 100,000 Americans of Japanese descent were sent to confinement in inland “relocation centers.” Most were natural-born citizens, their only “crime” their ethnicity. After the army eventually decided it would admit the second-generation Japanese American (Nisei) volunteers, it complemented the 100th Infantry Battalion by creating the 442nd Regimental Combat Team. This mostly Japanese American unit consisted of soldiers drafted before Pearl Harbor, volunteers from Hawaii, and even recruits from the relocation centers. In Going for Broke, historian James M. McCaffrey traces these men’s experiences in World War II, from training to some of the deadliest combat in Europe. Weaving together the voices of numerous soldiers, McCaffrey tells of the men’s frustrations and achievements on the U.S. mainland and abroad. Training in Mississippi, the recruits from Hawaii and the mainland have their first encounter with southern-style black-white segregation. Once in action, they helped push the Germans out of Italy and France. The 442nd would go on to become one of the most highly decorated units in the U.S. Army. McCaffrey’s account makes clear that like other American soldiers in World War II, the Nisei relied on their personal determination, social values, and training to “go for broke”—to bet everything, even their lives. Ultimately, their bravery and patriotism in the face of prejudice advanced racial harmony and opportunities for Japanese Americans after the war.