Franklin's Thrift

Franklin's Thrift

Author: David Blankenhorn

Publisher: Templeton Foundation Press

Published: 2011-04-15

Total Pages: 272

ISBN-13: 1599473526

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Americans today often think of thrift as a negative value—a miserly hoarding of resources and a denial of pleasure. Even more telling, many Americans don't even think of thrift at all anymore. Franklin’s Thrift challenges this state of mind by recovering the rich history of thrift as a quintessentially American virtue. The contributors to this volume trace how, from the eighteenth century on, the idea and practice of thrift has been a robust part of the American vision of economic freedom and social abundance. For Benjamin Franklin, who personified and promoted the idea, thrift meant working productively, consuming wisely, saving proportionally, and giving generously. Franklin's thrift became the cornerstone of a new kind of secular faith in the ordinary person's capacity to shape his lot and fortune in life. Later chapters document how in the nineteenth and twentieth centuries, thrift moved into new domains. It became the animating idea behind social movements to promote children's school savings, create mutual savings banks and credit unions for working men and women, establish a federal savings bond program, and galvanize the nation to conserve resources during two world wars. Historians, enthusiasts of Americana or traditional American virtues, and anyone interested in resolving our society's current financial woes will find much to treasure in this diverse collection, with topics ranging from the inspirational lessons we can learn from the film It’s a Wonderful Life to a history of the roles played by mutual savings banks, credit unions, and thrift stores in America’s national thrift movement. It also includes actual policy recommendations for our present situation.


Thrift Projects

Thrift Projects

Author: United States. Dept. of the Treasury. War loan organization. Savings division

Publisher:

Published: 1919

Total Pages: 24

ISBN-13:

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Thrift and Thriving in America

Thrift and Thriving in America

Author: Joshua Yates

Publisher: Oxford University Press

Published: 2011-03-01

Total Pages: 633

ISBN-13: 0199772959

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Thrift is a powerful and evolving moral ideal, disposition, and practice that has indelibly marked the character of American life since its earliest days. Its surprisingly multifaceted character opens a number of expansive vistas for analysis, not only in the American past, but also in its present. Thrift remains, if perhaps in unexpected and counter-intuitive ways, intensely relevant to the complex issues of contemporary moral and economic life. Thrift and Thriving in America is a collection of groundbreaking essays from leading scholars on the seminal importance of thrift to American culture and history. From a rich diversity of disciplinary perspectives, the volume shows that far from the narrow and attenuated rendering of thrift as a synonym of saving and scrimping, thrift possess an astonishing capaciousness and dynamism, and that the idiom of thrift has, in one form or another, served as the primary language for articulating the normative dimensions of economic life throughout much of American history. The essays put thrift in a more expansive light, revealing its compelling etymology-its sense of "thriving." This deeper meaning has always operated as the subtext of thrift and at times has even been invoked to critique its more restricted notions. So understood, thrift moves beyond the instrumentalities of "more or less" and begs the question: what does it mean and take to thrive? Thoroughly examining how Americans have answered this question, Thrift and Thriving in America provides fascinating insight into evolving meanings of material wellbeing, and of the good life and the good society more generally, and will serve as a perennial resource on a notion that has and will continue to shape and define American life.