Description

Book Synopsis
Despite the calls for massive spending and "stimulus," if the current financial crisis has taught us anything, it is to save, not just spend. In fact, over the years "thrift" has become America's lost or forgotten virtue, rarely mentioned and never celebrated, despite its historical significance. In Thrift, Theodore Roosevelt Malloch traces the history of thrift from its roots in the Scottish enlightenment to the no-waste credo of Sam Walton. Thrift, Malloch argues, provides the resources to stimulate prosperity. Even if the government manages to shock our economy back to life, America will require discipline, accountability, and farsightedness to right its course for generations to come. In an age when corruption and greed have crowded out personal responsibility, Thrift is lively, topical, and immediately useful.

Trade Review
Rockefeller himself believed that thrift was essential to well-ordered living. This book, if followed, could help all of us put our personal and public lives back in order. - Steve Forbes, Chairman and CEO, Forbes, Inc. and Editor-in- Chief, Forbes magazine

Thrift: Rebirth of a Forgotten Virtue

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    A Paperback / softback by Theodore Malloch

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      Book details

      Publisher Encounter Books,USA
      Published 17 December 2009
      ISBN-13 9781594032608
      978-1594032608
      ISBN-10 1594032602
      Also in:
      Personal finance

      Description

      Book Synopsis
      Despite the calls for massive spending and "stimulus," if the current financial crisis has taught us anything, it is to save, not just spend. In fact, over the years "thrift" has become America's lost or forgotten virtue, rarely mentioned and never celebrated, despite its historical significance. In Thrift, Theodore Roosevelt Malloch traces the history of thrift from its roots in the Scottish enlightenment to the no-waste credo of Sam Walton. Thrift, Malloch argues, provides the resources to stimulate prosperity. Even if the government manages to shock our economy back to life, America will require discipline, accountability, and farsightedness to right its course for generations to come. In an age when corruption and greed have crowded out personal responsibility, Thrift is lively, topical, and immediately useful.

      Trade Review
      Rockefeller himself believed that thrift was essential to well-ordered living. This book, if followed, could help all of us put our personal and public lives back in order. - Steve Forbes, Chairman and CEO, Forbes, Inc. and Editor-in- Chief, Forbes magazine

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