By: Joe Nocera
Format: 464 pages, Paperback
Now with a new introduction describing the fallout of America’s consumer credit boom, 1994’s wildly…
Want to Read $ 14.99"As the number of credit card holders grew, and as inflation imposed its relentless logic, people began to gain a new awareness of the implications that came with certain credit card actions. In particular, they began to understand the meaning of the word 'float.' When a customer used a credit card to buy something at the beginning of the billing cycle, and then didn't pay the bill until the tail end of the 'grace period,' the bank had, in essence, 'floated' the customer a month-long interest-free loan. Once again, savvier customers figured out how to maximize this advantage, learning the precise moment to make big purchases so that the bill would not come due for forty-five or even sixty days."-Joe Nocera, A Piece of the Action: How the Middle Class Joined the Money Class
"IRA funds became a form of play money for the middle class... Because the pool of capital that made up an IRA could not be withdrawn for twenty or thirty years, many people viewed their IRAs as containing money they could experiment with. They could use an IRA to buy their first stock or their first mutual fund. They could put in in a money market fund first, and then, as they got bolder - and the bull market became more irresistible - shift some of it into something a little riskier. IRAs gave people a way to try on the stock and bond markets for size, to see how they felt, and to become slowly comfortable with the idea of investing. The knowledge that the money couldn't easily be withdrawn acted as a psychological safety net, allowing investors to feel as though they could take a chance or two. If they made a mistake, they reasoned, there was still time to recoup - several decades, perhaps.Over time, many people came to believe that it as imperative to maximize the returns they were getting on their IRA account, even at the risk of taking a loss. How else would they ever have enough to retire on? This, surely, is the classic definition of investment capital."-Joe Nocera, A Piece of the Action: How the Middle Class Joined the Money Class
If you liked the money plot in A Piece of the Action: How the Middle Class Joined the Money Class by Joe Nocera , here is a list of 7 books like this:
By: Robert A. Heinlein
Format: 525 pages, Paperback
NAME: Valentine Michael Smith ANCESTRY: Human ORIGIN: Mars Valentine Michael Smith is a human … read more
Want to Read $ 8.99Similar categories in Robert A. Heinlein's Stranger in a Strange Land book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
"Secrecy begets tyranny."-Robert A. Heinlein, Stranger in a Strange Land
"Faith strikes me as intellectual laziness."-Robert A. Heinlein, Stranger in a Strange Land
"He's an honest politician--he stays bought."-Robert A. Heinlein, Stranger in a Strange Land
"Churches thrive on martyrdom and persecution."-Robert A. Heinlein, Stranger in a Strange Land
By: Ron Chernow
Format: 352 pages, Paperback
John D. Rockefeller, Sr.--history's first billionaire and the patriarch of America's most famous dy… read more
Want to ReadSimilar categories in Ron Chernow's Titan: The Life of John D. Rockefeller, Sr. book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Rob Goodman , Jimmy Soni
Format: None pages, Hardcover
The life and times of one of the foremost intellects of the twentieth century: Claude Shannon--the … read more
Want to ReadSimilar categories in Rob Goodman's A Mind at Play: How Claude Shannon Invented the Information Age book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Carlo Rovelli , Simon Carnell , Erica Segre
Format: 718 pages, Hardcover
Everything you need to know about the beauty of modern physics in less than 100 pages. In seven bri… read more
Want to ReadSimilar categories in Carlo Rovelli's Seven Brief Lessons on Physics book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Elizabeth Kolbert
Format: None pages, Hardcover
Over the last half-billion years, there have been five mass extinctions, when the diversity of life… read more
Want to ReadSimilar categories in Elizabeth Kolbert's The Sixth Extinction: An Unnatural History book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: T.J. Stiles
Format: 2 pages, Hardcover
A gripping, groundbreaking biography of the combative man whose genius and force of will created mo… read more
Want to ReadSimilar categories in T.J. Stiles's The First Tycoon: The Epic Life of Cornelius Vanderbilt book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: John Locke , Peter Laslett , Raymond Geuss
Format: None pages, Paperback
This presentation discusses the life of John Locke, the evolution of his ideas, and the political c… read more
Want to ReadSimilar categories in John Locke's Two Treatises of Government book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Ron Chernow
Format: None pages, Paperback
The winner of the National Book Award and now considered a classic, The House of Morganis the most … read more
Want to ReadSimilar categories in Ron Chernow's The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Ryan Holiday , Stephen Hanselman
Format: 358 pages, Hardcover
A beautifully packaged, gifty daily devotional of Stoic wisdom, from the author of The Obstacle is … read more
Want to ReadSimilar categories in Ryan Holiday's The Daily Stoic: 366 Meditations for Clarity, Effectiveness, and Serenity book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Dale Carnegie
Format: None pages, Paperback
Learn how to break the worry habit -- Now and forever! With Dale Carnegie's timeless advice in hand… read more
Want to ReadSimilar categories in Dale Carnegie's How to Stop Worrying and Start Living book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Howard Marks
Format: 75 pages, Hardcover
"This is that rarity, a useful book."--Warren Buffett Howard Marks, the chairman and cofounder of O… read more
Want to ReadSimilar categories in Howard Marks's The Most Important Thing: Uncommon Sense for the Thoughtful Investor book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Richards J. Heuer Jr.
Format: 197 pages, Paperback
With intelligence now getting a front-row seat in governments around the world, this book is especi… read more
Want to ReadSimilar categories in Richards J. Heuer Jr.'s Psychology of Intelligence Analysis book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: None
Format: None pages, Hardcover
From the days of the Mayflower and the Virginia Company, America has been a place for people to dre… read more
Want to ReadSimilar categories in None's Americana: A 400-Year History of American Capitalism book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Robert A. Caro
Format: 40 pages, Paperback
One of the most acclaimed books of our time, winner of both the Pulitzer and the Francis Parkman pr… read more
Want to ReadSimilar categories in Robert A. Caro's The Power Broker: Robert Moses and the Fall of New York book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: John Rothchild , Peter Lynch
Format: 384 pages, Paperback
Want to ReadSimilar categories in John Rothchild's One Up On Wall Street: How to Use What You Already Know to Make Money in the Market book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Jack Weatherford
Format: 352 pages, Kindle Edition
The name Genghis Khan often conjures the image of a relentless, bloodthirsty barbarian on horseback… read more
Want to Read $ 14.99Similar categories in Jack Weatherford's Genghis Khan and the Making of the Modern World book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
"The first key to leadership is self-control."-Jack Weatherford, Genghis Khan and the Making of the Modern World
"Without the vision of a goal, a man cannot manage his own life, much less the lives of others."-Jack Weatherford, Genghis Khan and the Making of the Modern World
"A leader should demonstrate his thoughts and opinions through his actions, not through his words."-Jack Weatherford, Genghis Khan and the Making of the Modern World
"The first key to leadership was self-control, particularly the mastery of pride, which was something more difficult, he explained, to subdue than a wild lion and anger, which was more difficult to de…"-Jack Weatherford, Genghis Khan and the Making of the Modern World
By: Morgan Housel
Format: 240 pages, Hardcover
“Want to understand the changing world? Start with what stays the same. That’s the amazing conclusi… read more
Want to ReadSimilar categories in Morgan Housel's Same as Ever: A Guide to What Never Changes book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Chris Miller
Format: 464 pages, Hardcover
An epic account of the decades-long battle to control what has emerged as the world's most critical… read more
Want to Read $ 16.99Similar categories in Chris Miller's Chip War: The Fight for the World's Most Critical Technology book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
"Comrade, we have built the world’s biggest microprocessor!"-Chris Miller, Chip War: The Fight for the World's Most Critical Technology
By: Peter Zeihan
Format: 512 pages, Hardcover
2019 was the last great year for the world economy. For generations, everything has been getting… read more
Want to Read $ 18.49Similar categories in Peter Zeihan's The End of the World Is Just the Beginning: Mapping the Collapse of Globalization: The Collapse of Globalization and Its Aftermath book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Carlo Rovelli
Format: 224 pages, Hardcover
Time is a mystery that does not cease to puzzle us. Philosophers, artists and poets have long explo… read more
Want to Read $ 13.99Similar categories in Carlo Rovelli's The Order of Time book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
"Our fear of death seems to me to be an error of evolution."-Carlo Rovelli, The Order of Time
"We understand the world in its becoming, not in its being."-Carlo Rovelli, The Order of Time
"Children grow up and discover that the world is not as it seemed from within the four walls of their homes. Humankind as a whole does the same."-Carlo Rovelli, The Order of Time
"Before Newton, time for humanity was the way of counting how things changed. Before him, no one had thought it possible that a time independent of things could exist. Don't take your intuitions and i…"-Carlo Rovelli, The Order of Time
By: Vaclav Smil
Format: 326 pages, Paperback
* THE NEW YORK TIMES BESTSELLER * 'Another masterpiece from one of my favorite authors . . . If … read more
Want to Read $ 16.99Similar categories in Vaclav Smil's How the World Really Works: A Scientist's Guide to Our Past, Present and Future book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
"Найліпше нашу пасивність і надзвичайну складність проблеми глобального потепління можна проілюструвати таким фактом: тридцять років масштабних міжнародних кліматичних конференцій ніяк не вплинули на …"-Vaclav Smil, How the World Really Works: A Scientist's Guide to Our Past, Present and Future
"У 2010-х роках саме джипи стали другою найбільшою причиною зростання викидів CO2, лишивши позаду важку промисловість, вантажоперевезення й авіацію. Обігнала їх тільки електроенергетика. Якщо народна …"-Vaclav Smil, How the World Really Works: A Scientist's Guide to Our Past, Present and Future
By: Rob Copeland
Format: 352 pages, Hardcover
The unauthorized, unvarnished story of famed Wall Street hedge-fund manager Ray Dalio. Ray Dalio… read more
Want to Read $ 15.99Similar categories in Rob Copeland's The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Lyn Alden
Format: 538 pages, Hardcover
A Comprehensive Overview of the Past, Present, and Future of Money Broken Money explores the histo… read more
Want to Read $ 8.99Similar categories in Lyn Alden's Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Christopher W. Mayer
Format: 215 pages, Kindle Edition
This book is about 100-baggers. These are stocks that return $100 for every $1 invested. That means… read more
Want to ReadSimilar categories in Christopher W. Mayer's 100 Baggers: Stocks That Return 100-To-1 and How to Find Them book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Robert Waldinger
Format: 352 pages, ebook
What makes for a happy life, a fulfilling life? A good life? In their book, the directors of the Ha… read more
Want to Read $ 14.99Similar categories in Robert Waldinger's The Good Life: Lessons from the World's Longest Scientific Study of Happiness book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Vaclav Smil
Format: 232 pages, Hardcover
From the New York Times -bestselling author, a new volume on the history of human ingenuity—and its… read more
Want to Read $ 14.99Similar categories in Vaclav Smil's Invention and Innovation: A Brief History of Hype and Failure book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Max Chafkin
Format: 400 pages, Kindle Edition
A New York Times Notable Book A biography of venture capitalist and entrepreneur Peter Thiel, t… read more
Want to Read $ 10.99Similar categories in Max Chafkin's The Contrarian: Peter Thiel and Silicon Valley's Pursuit of Power book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Nick Timiraos
Format: 352 pages, Hardcover
The inside story, told with “insight, perspective, and stellar reporting,” of how an unassuming civ… read more
Want to Read $ 14.99Similar categories in Nick Timiraos's Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic---and Prevented Economic Disaster book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Vaclav Smil
Format: 384 pages, Hardcover
From one of the world's leading experts on the history of energy, a rigorous examination of the tra… read more
Want to Read $ 10.99Similar categories in Vaclav Smil's Grand Transitions: How the Modern World Was Made book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Kyla Scanlon
Format: 279 pages, Hardcover
“Few people can communicate how the economy actually works better than Kyla Scanlon.” —Morgan House… read more
Want to Read $ 13.99Similar categories in Kyla Scanlon's In This Economy?: How Money & Markets Really Work book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
By: Joe Nocera
Format: 464 pages, Paperback
Now with a new introduction describing the fallout of America’s consumer credit boom, 1994’s wildly… read more
Want to Read $ 14.99Similar categories in Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class book and Joe Nocera's A Piece of the Action: How the Middle Class Joined the Money Class
"As the number of credit card holders grew, and as inflation imposed its relentless logic, people began to gain a new awareness of the implications that came with certain credit card actions. In parti…"-Joe Nocera, A Piece of the Action: How the Middle Class Joined the Money Class
"IRA funds became a form of play money for the middle class... Because the pool of capital that made up an IRA could not be withdrawn for twenty or thirty years, many people viewed their IRAs as conta…"-Joe Nocera, A Piece of the Action: How the Middle Class Joined the Money Class