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Video | Wealth & Poverty

New and Improved: Credit Cards

Today credit cards give you the comfort of knowing that ready access to money is within reach regardless of your circumstances. But in their early years, they drew the ire of lawmakers and businessmen as they unleashed a new class of criminal and drove banks into the red.

Johan Norberg — Dec 15, 2021

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Author

  • Johan Norberg

    Follow on X:@Johanknorberg

    Johan Norberg is a senior fellow at the Cato Institute. He is the author of, "Progress: Ten Reasons to Look Forward to the Future."

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