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Winner of the Helen Bernstein Award for Excellence in Journalism
One of Business Week's "Ten Best Business Books of the Year"
When it was published in 1994, A Piece of the Action was wildly acclaimed by Fortune, The Wall Street Journal, authors Michael Lewis and Brian Burroughs; it won the Helen Bernstein Prize and was a national bestseller. Joseph Nocera describes the historical process by which millions of middle class Americans went from being savers--people who kept their money in the bank, and spent it frugally--to being unrepentant borrowers and investors.
A Piece of the Action is an important piece of financial and social history, and with a new introduction, Nocera's 2013 critique of the uses of the revolution is a powerful warning and admonition to understand what is at stake before we act, to look before we jump.
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