Qty:1
  • List Price: $35.00
  • Save: $10.37 (30%)
FREE Shipping on orders over $35.
In Stock.
Ships from and sold by Amazon.com.
Gift-wrap available.
FREE Shipping on orders over $35.
Condition: Used: Good
Comment: Great looking used hardcover book in very good condition. Exterior of book has modest wear; binding and unmarked pages are in excellent condition!
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See all 2 images

Money of the Mind: How the 1980s Got That Way Paperback – May 1, 1994


See all 3 formats and editions Hide other formats and editions
Amazon Price New from Used from
Paperback
"Please retry"
$24.63
$11.99 $3.12
Year-End%20Deals%20in%20Books


Frequently Bought Together

Money of the Mind: How the 1980s Got That Way + Mr. Market Miscalculates: The Bubble Years and Beyond
Price for both: $41.20

Buy the selected items together
NO_CONTENT_IN_FEATURE

Best Books of the Year
Best Books of 2014
Looking for something great to read? Browse our editors' picks for 2014's Best Books of the Year in fiction, nonfiction, mysteries, children's books, and much more.

Product Details

  • Paperback: 528 pages
  • Publisher: Farrar, Straus and Giroux; Reprint edition (May 1, 1994)
  • Language: English
  • ISBN-10: 0374524017
  • ISBN-13: 978-0374524012
  • Product Dimensions: 6 x 1.2 x 9 inches
  • Shipping Weight: 1.6 pounds (View shipping rates and policies)
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (11 customer reviews)
  • Amazon Best Sellers Rank: #480,177 in Books (See Top 100 in Books)

Editorial Reviews

From Publishers Weekly

The author of Minding Mr. Market presents a formidable and funny history of financial credit and the American marketplace.
Copyright 1994 Reed Business Information, Inc.

From Library Journal

The 1980s were the troubling culmination of two trends in American finance--ever easier access to credit and the subsidizing of risk by government. As he explores these trends, Grant, a former Barron's staff writer and editor of Grant's Interest Rate Observer , weaves in personal histories of influential financiers, financial markets, and institutions. He places a great deal of emphasis on psychological phenomena--the emotional waves of optimism and pessimism that roll credit markets. Although the stories are well told, there are often too many details and not enough perspective and analysis. Recommended for libraries wishing extensive collections in finance.
- Richard C. Schiming, Mankato State Univ., Minn.
Copyright 1992 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.

More About the Author

James Grant founded Grant's Interest Rate Observer, a twice-monthly journal of the financial markets, in 1983.

He is, in addition, the author of five books on finance and financial history: Bernard M. Baruch: The Adventures of a Wall Street Legend (Simon & Schuster, 1983), Money of the Mind (Farrar, Straus & Giroux, 1992), Minding Mr. Market (Farrar, Straus & Giroux, 1993) and The Trouble with Prosperity (Times Books, 1996), and Mr. Market Miscalculates (Axios Press, 2008). John Adams: Party of One, a biography of the second president of the United States, was published in March 2005 by Farrar, Straus & Giroux as well as Mr. Speaker! The Life and Times of Thomas B. Reed, the Man Who Broke the Filibuster (Simon & Schuster). His new book, "The Forgotten Depression, 1921: the Crash that Cured Itself," will be published in the fall by Simon & Schuster.

Mr. Grant's television appearances include "60 Minutes," "The Charlie Rose Show," "CBS Evening News," and a 10-year stint on "Wall Street Week". His journalism has appeared in a variety of periodicals, including the Financial Times, The Wall Street Journal and Foreign Affairs, and he contributed an essay to the Sixth Edition of Graham and Dodd's Security Analysis (McGraw-Hill, 2009).

Mr. Grant, a former Navy gunner's mate, is a Phi Beta Kappa alumnus of Indiana University. He earned a master's degree in international relations from Columbia University and began his career in journalism in 1972, at the Baltimore Sun. He joined the staff of Barron's in 1975 where he originated the "Current Yield" column. He is a trustee of the New York Historical Society. He and his wife, Patricia Kavanagh M.D., live in Brooklyn. They are the parents of four grown children.

Customer Reviews

4.2 out of 5 stars
Share your thoughts with other customers

Most Helpful Customer Reviews

31 of 35 people found the following review helpful By Clark Bailey on February 24, 2007
Format: Hardcover Verified Purchase
Though James Grant is an excellent writer, his florid style lends itself better to the short articles he publishes in his newsletter than to this mammoth history of American credit booms and busts. Having said that, if you slug through the details and the (always entertaining) anecdotes, the book can teach you an immense amount of financial history that has been largely forgotten along the way. Its thesis, in short, is that money has increasingly become a government sponsored fiction that serves to defeat the natural risk mechanisms of a healthy credit market (recall that it was written at the time of the S&L bailout). This historical perspective seems essential if you want to understand the liquid world of serial bubbles we have been swimming in for the past ten years, but it is also dangerous, insofar as it may make you want to buy a pile of gold to put in your concrete bunker.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
15 of 16 people found the following review helpful By Lee Phelps on March 22, 2008
Format: Paperback Verified Purchase
Mr. Grant writes a book now 15 years old that could be redone with a new chapter of the subprime follies. Hardly necessary as he goes over the last 100+ years of similar booms and busts of which subprime is the latest flavor. Knowing that America has recovered from all those busts actually provides some optimism versus the press's gloominess. When it seems darkest means its time to buy. Looking forward to a revised edition in a few years. Mr. Grant is an old time American not an anti-American, he's on record as Cleveland being his favorite President, hardly an anti-American.
This book is well worth the time providing some perspective on today's headlines.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
15 of 17 people found the following review helpful By Robert R. Frump on August 7, 2007
Format: Paperback
James Grant is the best writer of his generation on Wall Street today. Those looking for a romp or Wall Street Noir might be disappointed. But for a truly literate look at the world of debt, this book not only informs but entertains.
James Grant. Accept no substitutes.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
4 of 4 people found the following review helpful By Bruce_in_LA on December 8, 2008
Format: Paperback Verified Purchase
Insightful as to American financial history PLUS a great, entertaining read. I disagree with a reviewer who said "the florid style is better suited to short articles." I found his current book of essays so-so. I found this book to be a real page turner and a lot of fun. Five stars for sure.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
3 of 3 people found the following review helpful By S. R. RITENOUR on March 18, 2008
Format: Paperback
This is THE outstanding history of credit in the US since the Civil War. Grant is a great writer who knows both how to turn a phrase and to dig out and provide the interesting, and sometimes odd-ball fact that is perfect for illustrating his larger point. Grant makes clear that the 20th Century was the century of the democratization of credit and the socialization of risk.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
1 of 1 people found the following review helpful By M Quarter on January 13, 2009
Format: Paperback Verified Purchase
Grant follows the trail of money and banking through our nations history from the Civil War until the 80s. He does it in a very interesting and infomative way. I've learned a lot, not just about our nations economic policies, but also about some of the great financiers of our past.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again