Over the last four decades, debt, bankruptcy, and home foreclosures have risen to epidemic levels, and the personal savings rate has sunk dangerously low. Why, in the richest nation on Earth, can’t Americans hold on to their money?

First published in 2008, Stuart Vyse’s Going Broke described the epidemic of personal debt that existed in the years leading up to the Great Recession, and anticipated the home mortgage crisis that started it. Ten years later, this fully updated new edition tackles the post-recession era of economic recovery. Today total household debt has actually surpassed pre-recession levels, and some of the same problems that preceded the crash are back again. But the shape of our troubles has changed: the new face of financial failure features auto repossession, bankruptcy, eviction, wage garnishment, and being sued for unpaid bills. Vyse offers a unique psychological perspective on the financial behavior of the many Americans today who find they cannot make ends meet, illuminating these and other causes of our wildly self-destructive spending habits. But he doesn’t entirely blame the victim, arguing instead that the mountain of debt burying so many of us is the inevitable byproduct of America’s turbo-charged economy together with social and technological trends that undermine our self-control.

This new edition illuminates everything from the rise of the credit card and ballooning student loan debt, to the expansion of new shopping opportunities provided by social media, revealing how vast changes in American society over the last forty years have greatly complicated our relationship with money. Vyse concludes with both personal advice for the individual who wants to achieve greater financial stability and with pointed recommendations for economic and social change that will help promote the financial health of all Americans.

Despite the dominance of science in today’s world, superstitious beliefs-both traditional and new-remain surprisingly popular. A recent survey of adults in the United States found that thirty-three percent believed that finding a penny was good luck, and twenty-three percent believed that the number seven was lucky. Where did these superstitions come from, and why do they persist today?
Superstition: A Very Short Introduction explores the nature and surprising history of superstition from antiquity to the present. For two millennia, superstition was a label derisively applied to foreign religions and unacceptable religious practices, and its primary purpose was used to separate groups and assert religious and social authority.
After the Enlightenment, the superstition label was still used to define groups, but the new dividing line was between reason and unreason. Today, despite our apparent sophistication and technological advances, superstitious belief and behavior remain widespread, and highly educated people are not immune. Stuart Vyse takes an exciting look at the varieties of popular superstitious beliefs today and the psychological reasons behind their continued existence, as well as the likely future course of superstition in our increasingly connected world.

Although reason and rationality are our friends in almost all contexts, in some cases people are better off putting reason aside. In a number of very important situations, we benefit by not seeing the world as it is, and by not behaving like logic-driven machines.
The Uses of Delusion is about aspects of human nature that are not altogether rational but, nonetheless, help us achieve our social and personal goals. Psychologist Stuart Vyse presents a lively, accessible exploration of the psychological concepts behind “useful delusions,” fleshing out how delusional thinking may play a role in love and relationships, illness and loss, and personality and behavior. Along the way Vyse draws on the work of William James, Daniel Kahneman, and Joan Didion-who wrote about her compelling belief that her husband, though deceased, would soon return to her.
Throughout, Vyse strives to answer the question: why would some of our most illogical beliefs be as helpful as they are? The concluding chapter offers an explanation grounded in natural selection-the ability to fool ourselves, Vyse argues, has actually helped us to survive. In the last section of The Uses of Delusion, Vyse offers suggestions for determining when reason should rule and when intuition and emotion should be allowed to take over.