This book examines the economic, psychological, sociological, historical, and legal traditions behind the demand for financial disclosures like Truth in Lending as consumer protections, how they have evolved into what they have become today, and how they might be reformed and improved.

• 12345678: PrefaceContentsForewardIntroduction: The Evolution of TILA: The Truth Can Be Hard to Handle 13Disclosures in the Regulatory SchemeWhy Disclosures?A Bountiful TableWhat is Truth (in Lending)?If It Can Go Wrong...The Rubber Meets the Road: Evaluating Truth in Lending as an Information ProtectionThere's More: Other Financial Information ProtectionsConclusionReferencesTablesIndex

Thomas Durkin has specialized in the economics and regulation of consumer financial services, in the federal government as Senior Economist at the Federal Reserve Board, in the academic area as Associate Professor of Finance at the Pennsylvania State University, and in the private sector as Chief Economist of the American Financial Services Association.
Gregory Elliehausen has also specialized in the economics and regulation of consumer financial services, in the federal government as Economist at the Board of Governors of the Federal Reserve System for more than twenty years and in the academic sector as Senior Research Scholar at Georgetown University and the George Washington University.