How to Get Rich the American Way
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In How to Get Rich the American Way, history scholar and investor
Joseph Moore unpacks the fascinating stories, folklore, forgotten
bestsellers and confident claims about money in America for
everyday people around the world. In the course of searching for an
ageless wisdom of wealth, he confronts the many mistaken beliefs,
on both the cultural right and left, that persist about money.Like
The Psychology of Money meets Freakonomics, How to Get Rich the
American Way harnesses the insights of academic history into a
popular narrative of change over time, both in financial strategies
and in the lives of Americans whose wealth got better (or worse) by
using them.How to Get Rich the American Way is based on years of
in-depth research by a contrarian academic who become rich himself
while developing the book's theories, learning the history of real
estate investing, stock trading, get-rich-quick schemes, and
financial gurus.From Nigerian prince scams to the investment
manuals of housewives, from the destruction of African Americans'
savings in the Freedman's Bank to the surprisingly long history of
failing to teach children about money, and from the wit of Benjamin
Franklin to the fraud of $0 down real estate infomercials, How to
Get Rich the American Way brings an eclectic set of stories to bear
on the financial destinies of everyday people. Each chapter
includes anecdotes from the author's economic journey, including
tales of wild investment ideas, get-rich-quick seminars, and his
decade long-quest to apply the lessons of history to his own
finances. By the end, to his own very great surprise, he is now a
multi-millionaire.Accessibly written with short, punchy chapters,
the book is a thoughtful, realistic, and ultimately encouraging
read on the prospects of getting by and getting ahead.