Louis Hyman
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Louis Roland Hyman (born 1977) is an American writer and
economic historian Economic history is the study of history using methodological tools from economics or with a special attention to economic phenomena. Research is conducted using a combination of historical methods, statistical methods and the application of ...
. He is currently the Dorothy Ross Professor of Political Economy in History at
Johns Hopkins University The Johns Hopkins University (often abbreviated as Johns Hopkins, Hopkins, or JHU) is a private university, private research university in Baltimore, Maryland, United States. Founded in 1876 based on the European research institution model, J ...
and a professor at Hopkins' SNF Agora Institute. Previously he was the Maurice and Hinda Neufeld Founders Professor in Industrial and Labor Relations at
Cornell University Cornell University is a Private university, private Ivy League research university based in Ithaca, New York, United States. The university was co-founded by American philanthropist Ezra Cornell and historian and educator Andrew Dickson W ...
's School of Industrial & Labor Relations.


Education

After growing up in
Baltimore Baltimore is the most populous city in the U.S. state of Maryland. With a population of 585,708 at the 2020 census and estimated at 568,271 in 2024, it is the 30th-most populous U.S. city. The Baltimore metropolitan area is the 20th-large ...
,
Maryland Maryland ( ) is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic region of the United States. It borders the states of Virginia to its south, West Virginia to its west, Pennsylvania to its north, and Delaware to its east ...
, where he attended McDonogh School, Hyman attended
Columbia University Columbia University in the City of New York, commonly referred to as Columbia University, is a Private university, private Ivy League research university in New York City. Established in 1754 as King's College on the grounds of Trinity Churc ...
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 o ...
at the
University of Toronto The University of Toronto (UToronto or U of T) is a public university, public research university whose main campus is located on the grounds that surround Queen's Park (Toronto), Queen's Park in Toronto, Ontario, Canada. It was founded by ...
, 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. The lands encompassing present-day Canada have been inhabited for millennia by Indigenous peoples, with di ...
. In 2007, Hyman earned a PhD in
American history The history of the present-day United States began in roughly 15,000 BC with the arrival of Peopling of the Americas, the first people in the Americas. In the late 15th century, European colonization of the Americas, European colonization beg ...
from
Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...
.


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 (The Academy) 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 other ...
. 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 ...
in 2011. ''
Choice A choice is the range of different things from which a being can choose. The arrival at a choice may incorporate Motivation, motivators and Choice modelling, models. Freedom of choice is generally cherished, whereas a severely limited or arti ...
'' 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 (informally McKinsey or McK) is an American multinational strategy and management consulting firm that offers professional services to corporations, governments, and other organizations. Founded in 1926 by James O. McKinse ...
. 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'', 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-ide ...
'', and the ''
New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
''. 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, United States. Founded in 1636 and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher lear ...
, Hyman now works at
Cornell University Cornell University is a Private university, private Ivy League research university based in Ithaca, New York, United States. The university was co-founded by American philanthropist Ezra Cornell and historian and educator Andrew Dickson W ...
's School of Industrial & Labor Relations. He continues to conduct research on the history of American capitalism. He also teaches an
EdX edX is an American For-profit higher education in the United States, for-profit massive open online course provider. It was founded by MIT and Harvard. It is a subsidiary of 2U (company), 2U. History edX was founded in May 2012 by the admi ...
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 World Wide Web, Web. In addition to traditional course materials, such as filmed lectures, readings, and p ...
(MOOC) called American Capitalism: A History.


Personal life

Hyman is married to the novelist Katherine Howe. His mother, Patty Kuzbida, is a retired laboratory technician and
outsider artist Outsider art is art made by self-taught individuals who are untrained and untutored in the traditional arts with typically little or no contact with the conventions of the art worlds. The term ''outsider art'' was coined in 1972 as the title ...
whose works have been collected in the American Visionary Art Museum.


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 *''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'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
''. December 26, 2007. * "Debtor Nation: How Consumer Credit Built Postwar America." ''
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 ...
'', Volume 9, Number 4, December 2008, pp. 614–618. * "The Architecture of New Deal Capitalism." '' Reviews in American History'', 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." ''
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 ...
'', Volume 12, Number 1, March 2011, pp. 200–232.
"Laid Flat by Layaway."
''
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
''. 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 American economic historians American historians 21st-century American historians