Louis Roland Hyman (born 1977) is an American writer and

economic historian Economic history is the academic learning of economies or economic events of the past. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and inst ...

. He is the Maurice and Hinda Neufeld Founders Professor in Industrial and Labor Relations at

Cornell University Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to teach an ...

's School of Industrial & Labor Relations.

Education

After growing up in

Baltimore Baltimore ( , locally: or ) is the List of municipalities in Maryland, most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic (United States), Mid-Atlantic, and List of United States cities by popula ...

Maryland Maryland ( ) is a state in the Mid-Atlantic region of the United States. It shares borders with Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware and the Atlantic Ocean to ...

, where he attended

McDonogh School McDonogh School is a private, coeducational, PK-12, college-preparatory school founded in Owings Mills, Maryland, United States in 1873. The school is named after John McDonogh, whose estate originally funded the school. The school now enrolls ...

, Hyman attended

Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...

in New York City. He graduated with a BA in history and mathematics. Hyman was a 1999–2000

Fulbright Fellow The Fulbright Program, including the Fulbright–Hays Program, is one of several United States Cultural Exchange Programs with the goal of improving intercultural relations, cultural diplomacy, and intercultural competence between the people of ...

at the

University of Toronto The University of Toronto (UToronto or U of T) is a public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution ...

, during which time he studied

Canadian history The history of Canada covers the period from the arrival of the Paleo-Indians to North America thousands of years ago to the present day. Prior to European colonization, the lands encompassing present-day Canada were inhabited for millennia by ...

. In 2007, Hyman earned a PhD in

American history The history of the lands that became the United States began with the arrival of the first people in the Americas around 15,000 BC. Numerous indigenous cultures formed, and many saw transformations in the 16th century away from more densely ...

from

Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...

Career

Hyman revised his doctoral dissertation into a book during a fellowship at the

American Academy of Arts and Sciences The American Academy of Arts and Sciences (abbreviation: AAA&S) is one of the oldest learned societies in the United States. It was founded in 1780 during the American Revolution by John Adams, John Hancock, James Bowdoin, Andrew Oliver, and ...

. The result, titled ''Debtor Nation: The History of America in Red Ink'', was published by

Princeton University Press Princeton University Press is an independent publisher with close connections to Princeton University. Its mission is to disseminate scholarship within academia and society at large. The press was founded by Whitney Darrow, with the financial su ...

in 2011. ''

Choice A choice is the range of different things from which a being can choose. The arrival at a choice may incorporate motivators and models. For example, a traveler might choose a route for a journey based on the preference of arriving at a giv ...

'' named it one of the top 25 "Outstanding Academic Titles" for 2011. Hyman has served as a consultant for global

management consulting Management consulting is the practice of providing consulting services to organizations to improve their performance or in any way to assist in achieving organizational objectives. Organizations may draw upon the services of management consultant ...

firm

McKinsey & Company McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and ...

. His writings have appeared in such publications as ''

Enterprise & Society ''Enterprise & Society'' is a peer-reviewed academic journal on business history published by Cambridge University Press for the Business History Conference, which holds its copyright. Abstracting and indexing According to the ''Journal Citati ...

'', ''

Reviews in American History ''Reviews in American History'' is a quarterly peer-reviewed academic journal established in 1973 and published by the Johns Hopkins University Press. It publishes reviews of new books on the topic of American history, as well as retrospectives on ...

'', CNBC, ''

Wilson Quarterly ''The Wilson Quarterly'' is a magazine published by the Woodrow Wilson International Center for Scholars in Washington, D.C. The magazine was founded in 1976 by Peter Braestrup and James H. Billington. It is noted for its nonpartisan, non-ideolo ...

'', and the ''

New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid d ...

''. His second book, ''Borrow: The American Way of Debt'', which explained how American culture shaped finance and vice versa, was published in 2012. After spending time as a lecturer at

Harvard Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...

, Hyman now works at

's School of Industrial & Labor Relations. He continues to conduct research on the history of American capitalism. He also teaches an EdX

massive open online course A massive open online course (MOOC ) or an open online course is an online course aimed at unlimited participation and open access via the Web. In addition to traditional course materials, such as filmed lectures, readings, and problem sets, m ...

(MOOC) called American Capitalism: A History.

Personal life

Hyman is married to the novelist

Katherine Howe Katherine Howe (born 1977) is an American novelist who lives in New England and New York City. She specializes in historical novels which she uses to query ideas about "the contingent nature of reality and belief." Her debut novel was the New Yor ...

. His mother, Patty Kuzbida, is a retired laboratory technician and

outsider artist Outsider art is art made by self-taught or supposedly naïve artists with typically little or no contact with the conventions of the art worlds. In many cases, their work is discovered only after their deaths. Often, outsider art illustrates ...

whose works have been collected in the

American Visionary Art Museum The American Visionary Art Museum (AVAM) is an art museum located in Baltimore, Maryland's Federal Hill neighborhood at 800 Key Highway Maryland Route 2 (MD 2) is the longest state highway in the U.S. state of Maryland. The route runs fro ...

Publications

Books

* ''Debtor Nation: The History of America in Red Ink'' (2011) * ''Borrow: The American Way of Debt'' (2012) * ''American Capitalism: A Reader'' (2014) with

Edward E. Baptist Edward E. Baptist (born 1970) is an American academic and writer. He is a professor of history at Cornell University, located in Ithaca, New York, where he specializes in the history of the 19th-century United States, particularly the South. Them ...

*''Shopping for Change: Consumer Activism and the Possibilities of Purchasing Power'' (2017) with Joseph Tohill *''Temp: The Real Story of What Happened to Your Salary, Benefits, and Job Security'' (2018)

Articles

"The Original Subprime Crisis."
''

The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...

''. December 26, 2007. * "Debtor Nation: How Consumer Credit Built Postwar America." ''

'', Volume 9, Number 4, December 2008, pp. 614–618. * "The Architecture of New Deal Capitalism." ''

'', Volume 37, Number 1, March 2009, pp. 93–100. * "Ending Discrimination, Legitimating Debt: The Political Economy of Race, Gender, and Credit Access in the 1960s and 1970s." ''

'', Volume 12, Number 1, March 2011, pp. 200–232.
"Laid Flat by Layaway."
''

''. October 11, 2011. A23.

Chapters

* "American Debt, Global Capital." ''The Shock of the Global''. Harvard University Press. (2010) * "Rethinking the Corporation." ''What's Good for Business: Business in Postwar: Business and Politics in Postwar America''. Oxford University Press. (2012)

References

* * * *

External links

Official website

Faculty listing at the ILR School at Cornell University
* {{DEFAULTSORT:Hyman, Louis Writers from Maryland Cornell University faculty Living people 1977 births Harvard University alumni Columbia College (New York) alumni Economic historians American historians 21st-century American historians