An Unlikely Alliance: How Experts and Industry Transformed Consumer Credit Policy in the Early Twentieth Century United States

2015 ◽  
Vol 39 (4) ◽  
pp. 581-612
Author(s):  
Elisabeth Anderson ◽  
Bruce G. Carruthers ◽  
Timothy W. Guinnane
Keyword(s):  
United States ◽  
Twentieth Century ◽  
American Association ◽  
Consumer Credit ◽  
The United States ◽  
Russell Sage Foundation ◽  
Credit Policy ◽  
Power Resource ◽  
History Of ◽  
Political Success

Despite the recently demonstrated importance of consumer credit for the economic health of nations and families, little is known about the history of consumer credit markets and their regulation. An important chapter in the history of consumer credit regulation came between 1909 and 1941, when policy experts at the Russell Sage Foundation (RSF) engaged in a national campaign to transform small loan markets and policy in the United States. Concentrating its efforts on state-by-state passage of the Uniform Small Loan Law, the foundation's political success hinged upon an alliance with the American Association of Personal Finance Companies. While most scholarship portrays experts as being dominated or co-opted by industry, our case provides a countervailing example. Far from controlling RSF experts, lenders became dependent on the foundation for legitimating their political lobbying and their business activities. We explain how the foundation built its expert reputation through a process of reputational entrepreneurship, and we trace how RSF experts deployed this reputation as a power resource in their negotiations with small loan lenders.

A Century of America on Chinese Screens

2010 ◽  
Vol 17 (4) ◽  
pp. 305-323 ◽  
Author(s):  
Zhiwei Xiao
Keyword(s):  
United States ◽  
Twentieth Century ◽  
Print Media ◽  
The United States ◽  
Sharp Contrast ◽  
American People ◽  
Early Twentieth Century ◽  
History Of ◽  
Chinese Films ◽  
New Millennium

AbstractNo serious study has been published on how Chinese filmmakers have portrayed the United States and the American people over the last century. The number of such films is not large. That fact stands in sharp contrast not only to the number of "China pictures" produced in the United States, which is not surprising, but also in contrast to the major role played by Chinese print media. This essay surveys the history of Chinese cinematic images of America from the early twentieth century to the new millennium and notes the shifts from mostly positive portrayal in the pre-1949 Chinese films, to universal condemnation during the Mao years and to a more nuanced, complex, and multi-colored presentation of the last few decades.

Versatile and cheap: a global history of soy in the first half of the twentieth century

2013 ◽  
Vol 8 (3) ◽  
pp. 461-482 ◽  
Author(s):  
Ines Prodöhl
Keyword(s):  
United States ◽  
Twentieth Century ◽  
The United States ◽  
Second World War ◽  
Cash Crop ◽  
The Great Depression ◽  
Production And Consumption ◽  
Transnational Actors ◽  
History Of ◽  
Second World

AbstractThis article traces the complex and shifting organization of soy's production and consumption from Northeast China to Europe and the United States. It focuses on a set of national and transnational actors with differing interests in the global and national spread of soybeans. The combination of these actors in certain spatiotemporal contexts enabled a fundamental change in soy from an Asian to an American cash crop. At the beginning of the twentieth century, soy rapidly became Northeast China's cash crop, owing to steadily increasing Western demand. However, the versatility of soy – and soy oil in particular – offered a highly successful response to the agricultural and industrial challenges that the United States faced during the Great Depression and the Second World War. By the end of the war, American farmers in the Midwest cultivated more soybeans than their Chinese counterparts.

The Cambridge History of America and the World

2021 ◽  
Keyword(s):  
United States ◽  
Twentieth Century ◽  
The United States ◽  
Military Power ◽  
American Empire ◽  
Global Power ◽  
Cultural Terms ◽  
The World ◽  
Fourth Volume ◽  
History Of

The fourth volume of The Cambridge History of America and the World examines the heights of American global power in the mid-twentieth century and how challenges from at home and abroad altered the United States and its role in the world. The second half of the twentieth century marked the pinnacle of American global power in economic, political, and cultural terms, but even as it reached such heights, the United States quickly faced new challenges to its power, originating both domestically and internationally. Highlighting cutting-edge ideas from scholars from all over the world, this volume anatomizes American power as well as the counters and alternatives to 'the American empire.' Topics include US economic and military power, American culture overseas, human rights and humanitarianism, third-world internationalism, immigration, communications technology, and the Anthropocene.

Why Did Credit Card Balances Decline so Much during the COVID-19 Pandemic

FEDS Notes ◽  
2021 ◽  
Vol 2021 (3025) ◽  
Author(s):  
Robert M. Adams ◽  
◽  
Vitaly M. Bord ◽  
Bradley Katcher ◽  
◽  
...  
Keyword(s):  
United States ◽  
Credit Card ◽  
Consumer Credit ◽  
The United States ◽  
History Of

Consumer credit card balances in the United States experienced unprecedented declines during the COVID-19 pandemic. According to the G.19 Consumer Credit statistical release, revolving consumer credit fell more than $120 billion (11 percent) in 2020, the largest decline in both nominal and percentage terms in the history of the series.

Redefining Censorship

2018 ◽  
Vol 51 (2) ◽  
pp. 134-142
Author(s):  
Esther B. Schupak
Keyword(s):  
United States ◽  
Twentieth Century ◽  
Emotional Valence ◽  
The United States ◽  
Educational Choice ◽  
Merchant Of Venice ◽  
The Past ◽  
The Merchant Of Venice ◽  
Film Images ◽  
History Of

Abstract Because of its potential for fostering antisemitic stereotypes, in the twentieth century The Merchant of Venice has a history of being subject to censorship in secondary schools in the United States. While in the past it has often been argued that the play can be used to teach tolerance and to fight societal evils such as xenophobia, racism and antisemitism, I argue that this is no longer the case due to the proliferation of performance methods in the classroom, and the resultant emphasis on watching film and stage productions. Because images – particularly film images – carry such strong emotional valence, they have the capacity to subsume other pedagogical aspects of this drama in their emotional power and memorability. I therefore question whether the debate over teaching this play is truly a question of ‘censorship’, or simply educational choice.

Introduction

2018 ◽  
pp. 1-16
Author(s):  
Laura Harris
Keyword(s):  
United States ◽  
Twentieth Century ◽  
Middle Class ◽  
Social Theory ◽  
The United States ◽  
Theory And Practice ◽  
Aesthetic Theory ◽  
Avant Garde ◽  
History Of ◽  
Visual Artist

In Experiments in Exile, I explore and compare projects undertaken by two twentieth-century American intellectuals while they lived in voluntary exiles in the United States: the Trinidadian writer and revolutionary C. L. R. James and the Brazilian visual artist and counterculturalist Hélio Oiticica. James and Oiticica never met. They lived and worked in the United States at different moments. My focus is on James’s stay during the 1940s and on Oiticica’s stay during the 1970s. Given the significant differences between them—not just at the level of nationality but at the level of race (James was black, Oiticica was white), class (James was situated within a precarious middle class, Oiticica was firmly established within an upper middle class), sexuality (James was straight, Oiticica was gay), and disciplinary locations (James is generally situated in the history of radical social theory and practice, and Oiticica is generally situated in the history of avant-garde aesthetic theory and practice)—this is surely an unlikely combination. This study is itself an experiment, one that goes beyond the usual parameters of comparativist or transnational research, to identify, in the surprising resonances between the projects pursued by these two very disparate figures, a common project I believe they, together, bring into relief....

Butter Sculpture: The History of an Unconventional Medium

2019 ◽  
Vol 68 (4) ◽  
pp. 40-59
Author(s):  
Pamela H. Simpson
Keyword(s):  
United States ◽  
Twentieth Century ◽  
Dairy Industry ◽  
The United States ◽  
National Brands ◽  
History Of ◽  
Ancient Food

With its roots in ancient food molds and table art for Renaissance banquets, butter sculpture in the United States debuted during the centennial and flourished in the first quarter of the twentieth century. As the dairy industry moved from farm to regional cooperative creameries and eventually to national brands, butter sculpture appeared at fairs and expositions. Both amateur and professional sculptors used this unusual medium for busts and portraits, dairy-related subjects, and models of buildings. The ephemeral nature of the medium and the novelty of food as art drew crowds to exhibits advertising butter as the natural, healthy alternative to oleomargarine.

scholarly journals The Secret Life of Statutes: A Century of the Trading with the Enemy Act

2018 ◽  
Vol 1 (2) ◽  
pp. 151-172 ◽  
Author(s):  
Benjamin A. Coates
Keyword(s):  
United States ◽  
Twentieth Century ◽  
Economic Sanctions ◽  
The United States ◽  
War And Peace ◽  
American Power ◽  
History Of ◽  
The Law ◽  
National Emergency ◽  
American State

In 1917 Congress passed the Trading with the Enemy Act to prevent trade with Germany and the Central Powers. It was a wartime law designed for wartime conditions but one that, over the course of the following century, took on a secret, surprising life of its own. Eventually it became the basis for a project of worldwide economic sanctions applied by the United States at the discretion of the president during times of both war and peace. This article traces the history of the law in order to explore how the expansion of American power in the twentieth century required a transformation of the American state and the extensive use of executive powers justified by repeated declarations of national emergency.

Book Reviews

2018 ◽  
Vol 56 (1) ◽  
pp. 270-271
Keyword(s):  
United States ◽  
North Dakota ◽  
Consumer Credit ◽  
The United States ◽  
University Of North Dakota ◽  
Ongoing Effort ◽  
History Of ◽  
Financial Identity

David Flynn of University of North Dakota reviews “Creditworthy: A History of Consumer Surveillance and Financial Identity in America,” by Josh Lauer. The Econlit abstract of this book begins: “Details the rise of consumer credit surveillance in the United States and its ongoing effort to control the behavior of American citizens and quantify their value in a variety of contexts in an effort to make them “good”—morally responsible, obedient, predictable, and profitable.”

“The Hora Staccato in Swing!”: Jascha Heifetz's Musical Eclecticism and the Adaptation of Violin Miniatures

2012 ◽  
Vol 6 (4) ◽  
pp. 405-431
Author(s):  
JOSHUA S. WALDEN
Keyword(s):  
United States ◽  
New York ◽  
Twentieth Century ◽  
Eastern Europe ◽  
The United States ◽  
Popular Song ◽  
Tin Pan Alley ◽  
Popular Songs ◽  
History Of

AbstractJascha Heifetz (1901–87) promoted a modern brand of musical eclecticism, recording, performing, and editing adaptations of folk and popular songs while remaining dedicated to the standard violin repertoire and the compositions of his contemporaries. This essay examines the complex influences of his displacement from Eastern Europe and assimilation to the culture of the United States on both the hybridity of his repertoire and the critical reception he received in his new home. It takes as its case study Heifetz's composition of the virtuosic showpiece “Hora Staccato,” based on a Romany violin performance he heard in Bucharest, and his later adaptation of the music into an American swing hit he titled “Hora Swing-cato.” Finally, the essay turns to the field of popular song to consider how two of the works Heifetz performed most frequently were adapted for New York Yiddish radio as Tin Pan Alley–style songs whose lyrics narrate the early twentieth-century immigrant experience. The performance and arrangement history of many of Heifetz's miniatures reveals the multivalent ways in which works in his repertoire, and for some listeners Heifetz himself, were reinterpreted, adapted, and assimilated into American culture.

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