Trust, Power, and Credit in America with Bruce G. Carruthers

Justin Ongchin and Joelle Min sit down with Bruce G. Carruthers—professor of sociology at Northwestern University and author most recently of The Economy of Promises—to talk about the evolution of lending in America. His current research projects include a study of the historical evolution of credit as a problem in the sociology of trust, regulatory arbitrage, what modern derivatives markets reveal about the relationship between law and capitalism, the adoption of “for-profit” features by U.S. museums, and the regulation of credit for poor people in early 20th-century America.