“If you default on your Visa bill, nobody comes to repossess your refrigerator or auction off your shoes. The biggest penalty you'll face is trouble getting future credit.”

American journalist and author

Virginia Postrel is an American journalist and author who writes about commerce, culture, and technology. She is known for essays and commentary on how these areas shape modern life. She is a contributing editor at Works in Progress and co-hosts the podcast Everyday Abundance. Her work often focuses on the meeting point of markets, ideas, and everyday life, with a clear interest in how people make sense of change.