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Illuminating America’s market-heavy social policies, American Bonds illustrates how political institutions became involved in the nation’s lending practices.

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“In American Bonds, Quinn performs an improbable alchemy. With superb insight, she transforms the seemingly arid technical terrain of credit markets into a vivid political, sociological, and moral territory. This book will attract not only specialists but also anyone interested in learning why and how government policy has shaped American lending practices.”

—Viviana Zelizer, author of Economic Lives: How Culture Shapes the Economy