David Blankenhorn, the principal editor of both Thrift: A Cyclopedia and Franklin’s Thrift, just published another great article on the topic of thrift. This one appears in next week’s edition of The Weekly Standard and deals specifically with “the paradox of thrift.”
He provides a spirited rebuke of the popular theory that thrift is a bad thing during economic downturns and offers the top five reasons why that theory simply isn’t true.
You can find the article, in its entirety at the website of The Weekly Standard. It’s definitely worth a read.
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