Credit History

Alison Bergeron has her doubts about hosting a birthday party for her twin stepdaughters, seeing as it’ll include all of her new husband’s ex-in-laws. Still, she’s a good sport, and everyone has a great time, especially the girls, who receive $10,000 from their estranged uncle, Chick. The girls’ father, NYPD Detective Bobby Crawford, and Christine, his ex, think the gift is too much. When Crawford swings by Chick’s apartment to return it, he finds Chick dead, with roughly $250,000 stuffed in his mattress. The death is ruled a suicide, but Christine isn’t convinced, and even Alison can’t help but admit that there must be a lot more to Chick’s death than meets the eye.

In the 1970s, a new wave of feminism was sweeping America. But in the boys’ club of banking and finance, women were still infantilized—no credit without a male cosigner, and their income was dismissed as unreliable. If bankers weren’t going to accommodate women, then women had to take control of their own futures. In 1978 in Denver, Colorado, the opening of the Women’s Bank changed everything.

In his acclaimed book American Theocracy, Kevin Phillips warned of the perilous interaction of debt, financial recklessness, and the spiking cost (and growing scarcity) of oil- warnings that are proving to be frighteningly accurate. Now, in his most significant and timely book yet, Phillips...