City of Debtors

Discover the compelling narrative of City of Debtors by Anne Fleming, published by Harvard University Press in 2018. This insightful book spans 376 pages and delves into the historical challenges faced by the economically disadvantaged in the United States regarding access to credit. Since the 1890s, those at the bottom of the economic ladder have borne the brunt of high costs associated with borrowing. Anne Fleming meticulously explores how each generation has confronted the issues of fringe finance and its regulation, shedding light on the complexities of usury laws and monetary policy. City of Debtors not only chronicles a critical aspect of American history but also contributes to the ongoing discourse about justice in capitalist societies. A must-read for anyone interested in economic history and social justice, this book offers a profound understanding of the interplay between finance and fairness.