Aug 20, 2007 (Talk of the Nation) — Stephen Mihm, author of A Nation of Counterfeiters, argues that Wall Street's problems -- stemming from debt and money that was handed out too freely -- are not new problems in the United States. Historically, he says, the economy was built on shady promises, shell games and trickery.
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America's History of Dubious Credit
Aug 20, 2007 (Talk of the Nation) — Stephen Mihm, author of A Nation of Counterfeiters, argues that Wall Street's problems -- stemming from debt and money that was handed out too freely -- are not new problems in the United States. Historically, he says, the economy was built on shady promises, shell games and trickery.Stephen Mihm, author of A Nation of Counterfeiters, argues that Wall Street's problems — stemming from debt and money that was handed out too freely — are not new problems in the United States. Historically, he says, the economy was built on shady promises, shell games and trickery.
Stephen Mihm, author, A Nation of Counterfeiters: Capitalists, Con Men, and the Making of the United States; assistant professor of history at the University of Georgia
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