# Multimedia 

Multimedia 

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- [Cato Video](/multimedia/cato-video)
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Cato Weekly Podcast • December 16, 2014 

# *Consumer Credit and the American Economy*

Do consumers carry higher credit balances than in years past and do they abuse credit now more than ever? Todd Zywicki, coauthor of [*Consumer Credit and the American Economy*](http://www.amazon.com/Consumer-Financial-Management-Association-Synthesis/dp/0195169921/?tag=catoinstitute-20), says no. 

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

[![Todd Zywicki](/sites/cato.org/files/styles/author_picture/public/2021-01/Todd%20Zywicki.jpg?itok=GH375poJ)](/people/todd-zywicki) 

##### [Todd Zywicki](/people/todd-zywicki)

Former Senior Fellow, Cato Institute. Coeditor of the Cato book Unprofitable Schooling: Examining Causes of, and Fixes for, America’s Broken Ivory Tower

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](https://twitter.com/ToddZywicki) 

[![Square face shot of Caleb O. Brown.](/sites/cato.org/files/styles/author_picture/public/2021-01/cbrown_sq.jpg?itok=zSWLm8kR)](/people/caleb-o-brown) 

##### [Caleb O. Brown](/people/caleb-o-brown)

Former Director of Multimedia, Host and Executive Producer, *Cato Daily Podcast*, Cato Institute