Going Broke, Updated Edition by Stuart Vyse audiobook

Going Broke, Updated Edition: Why Americans (Still) Can’t Hold On to Their Money

By Stuart Vyse
Read by William Hughes

Blackstone Publishing 9780190677848

Unabridged

Format: Library CD (In Stock)
  • ISBN: 9781982548933

  • ISBN: 9781982548926

  • ISBN: 9781982548940

Runtime: 13.17 Hours
Category: Nonfiction/Business & Economics
Audience: Adult
Language: English

Summary

Summary

Over the last four decades, debt, bankruptcy, and home foreclosures have risen to epidemic levels, and the personal savings rate has sunk dangerously low. Why, in the richest nation on Earth, can’t Americans hold on to their money?

First published in 2008, Stuart Vyse’s Going Broke described the epidemic of personal debt that existed in the years leading up to the Great Recession, and anticipated the home mortgage crisis that started it. Ten years later, this fully updated new edition tackles the post-recession era of economic recovery. Today total household debt has actually surpassed pre-recession levels, and some of the same problems that preceded the crash are back again. But the shape of our troubles has changed: the new face of financial failure features auto repossession, bankruptcy, eviction, wage garnishment, and being sued for unpaid bills. Vyse offers a unique psychological perspective on the financial behavior of the many Americans today who find they cannot make ends meet, illuminating these and other causes of our wildly self-destructive spending habits. But he doesn’t entirely blame the victim, arguing instead that the mountain of debt burying so many of us is the inevitable byproduct of America’s turbo-charged economy together with social and technological trends that undermine our self-control.

This new edition illuminates everything from the rise of the credit card and ballooning student loan debt, to the expansion of new shopping opportunities provided by social media, revealing how vast changes in American society over the last forty years have greatly complicated our relationship with money. Vyse concludes with both 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.

Editorial Reviews

Editorial Reviews

“With deep compassion and penetrating insight, Stuart Vyse turns the lens of science to uncover the reasons so many people cannot save what they earn.” Michael Shermer, New York Times bestselling author

Reviews

Reviews

Author

Author Bio: Stuart Vyse

Author Bio: Stuart Vyse

Stuart Vyse is a behavioral scientist, teacher, and writer. He holds PhD and MA degrees in psychology and BA and MA degrees in English literature. He taught at Providence College, the University of Rhode Island, and Connecticut College, where he was Joanne Toor Cummings ’50 Professor. Vyse’s book Believing in Magic: The Psychology of Superstition won the 1999 William James Book Award of the American Psychological Association.

Titles by Author

Details

Details

Available Formats : CD, Library CD, MP3 CD
Category: Nonfiction/Business & Economics
Runtime: 13.17
Audience: Adult
Language: English