Americans are expected to take on debt, because that's how we're expected to finance everything from basic needs to a college education. And that's a function of economic policy making. That doesn't happen by accident.

Mallory SoRelle

A full transcript is available at www.democracyparadox.com.

Mallory SoRelle is an assistant professor of public policy at Duke University and the author of Democracy Declined: The Failed Politics of Consumer Financial Protection.

Key Highlights Include

How the American economy depends on creditA brief history of consumer credit in AmericaDetails why consumer debt is a systemic problemWhy financial consumers do not politically mobilize Explains how public policy shapes political behavior


Key Links

Democracy Declined: The Failed Politics of Consumer Financial Protection by Mallory SoRelle

Learn more about Mallory SoRelle

Consumer Financial Protection Bureau


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