BORROW: The American Way of Debt

In BORROW: The American Way of Debt—How Personal Credit Created the American Middle Class and Almost Bankrupted the Nation, economist Louis Hyman delivers an accessible and informed history on the rise of personal borrowing in the United States, demonstrating that today’s problems are not as new as we think.  Hyman describes the evolution of personal loans, finding that our borrowing patterns are similar to our grandparents, but higher basic expenses, stagnating wages and increased economic competition from abroad have made it harder to repay our debts.

6:30 to 8:30 pm at Cooper Union
Rose Auditorium, 41 Cooper Square (entrance on 7th St at 3rd Ave)


Dear Wayne …

The cheeky and ever interesting CUNY professor Wayne Koestenbaum(John Waters is a big fan) struts his literary self at KGB Bar’s NYU Emerging Writers Series.
7 to 9 pm at the KGB bar
85 east 4th street