April 2008 Vol. 106 No. 6 THE REVIEW

Mann: Charging Ahead: The Growth and Regulation of Payment Card Markets

Katherine Porter

The Debt Dilemma

Charging Ahead: The Growth and Regulation of Payment Card Markets. By Ronald J. Mann. New York: Cambridge University Press. 2006. Pp. v, 308. Hardcover, $65; paper, $30.

The ubiquity of credit cards in modern economic life inspires much dismay, but little nuanced discourse. Lamentations, about undisciplined consumers or manipulative card issuers, lead to policy prescriptions aimed at reducing credit card use. Such efforts generally have failed to garner the support of consumers, who demonstrate continued preference for cards over cash or checks. These efforts have also roused the ire of opponents to market regulation and the credit industry lobby. The current dynamic of increasing credit card use juxtaposed with regulatory pressure on card markets reflects our society’s deep ambivalence about credit cards.

   //  VIEW PDF
& Other Current Events

Cultivating Inclusion

Twenty-five years ago, law schools were in the developing stages of a pitched battle for the future of legal...

Aftermarketfailure: Windows XP's End of Support

"After 12 years, support for Windows XP will end on April 8, 2014." So proclaims a Microsoft website with...

Globally Speaking—Honoring the Victims' Stories: Matsuda's Human Rights Praxis

Globally speaking, international law and the vast majority of domestic legal systems strive to protect...

Toward A Multiple Consciousness of Language: A Tribute to Professor Mari Matsuda

I am thrilled to be part of this commemoration of the twenty-fifth anniversary of Professor Matsuda's...

House Swaps: A Strategic Bankruptcy Solution to the Foreclosure Crisis

Since the price peak in 2006, home values have fallen more than 30 percent, leaving millions of Americans...
MAILING LIST
Sign Up to Join Our Mailing List