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A Piece of the Action : How the Middle Class Joined the Money Class by Joseph Nocera is a business book available to read on EtoBox.

What is A Piece of the Action : How the Middle Class Joined the Money Class about?

Now with a new introduction describing the fallout of America’s consumer credit boom, 1994’s wildly acclaimed bestseller A Piece of the Action tells the story of how millions of middle class Americans went from being savers to borrowers and investors through the invention of credit cards, mutual funds, and IRAs—resulting in profound societal change. Tracing the invention of products like credit cards, mutual funds, and individual retirement accounts, A Piece of the Action tells the stories of a handful of men who transformed the way Americans think about and deal with their money: men like Charles Merrill, the flamboyant founder of Merrill Lynch; Peter Lynch, the investing guru who managed the Fidelity Magellan Fund; and Charles Schwab, who transformed his eponymous company into the nation’s biggest discount broker. These innovations produced a genuine revolution—the democratization of money—in which the middle class became financial players. Author Joe Nocera’s 2013 introduction describes where this revolution took those who embraced it, that is, practically all of us. We have gone into debt, made dicey investments, and lived through many bursting bubbles. We used the fi

Who reads A Piece of the Action : How the Middle Class Joined the Money Class?

Author

Joseph Nocera

Publisher

Simon & Schuster Children's Publishing

Published

1995

Language

EN

ISBN

9780684804354

Category

business

Subjects

Sociology, History, Social Science

Rating

4.5 / 5 (89 ratings)

Updated

2026-03-14