Whatever Happened to Thrift?: Why Americans Don't Save and What to Do about It

Ronald T Wilcox

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Language: English

Published by Yale University Press, 2008

0300124511 / 9780300124514

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Not saving is more than just a problem that affects individual Americans and their families?it?s a national problem It is no secret that Americans save very little: every economic index confirms as much. But to solve the real mystery, we must ask the questions, ?Why?? ?What are the effects on our economy?? and ?What can be done about it??In this thoroughly researched and thought-provoking book, Ronald T. Wilcox clearly describes not only how the ?savings crisis? adversely influences personal lifestyles over the long term but also how it can undermine our national wealth and standard of living. Wilcox cogently explains that savings are essential to fuel our nation?s economic growth, whether it?s putting money in the bank or in the form of direct loans to the government as savings bonds, for example. And, he presents unambiguous facts showing that a high proportion of current wage earners simply will not have enough money for self-support during retirement?and that the government safety nets for income and health can no longer be counted on. Most important, Wilcox examines the many rational and irrational reasons behind individuals? failures to put money away, what third parties such as corporations and government can do to help, and the steps people can take today to help themselves.The book is an attempt to reinvent thrift in the United States, to find practical ways to help people consume less and save more now so that we can be a richer people in the future and a more prosperous nation. It is a must-read for every corporate executive, policy maker, and concerned citizen.

Seller Inventory # CIN0300124511G

Title
Whatever Happened to Thrift?: Why Americans Don't Save and What to Do about It
Author
Ronald T Wilcox
Publisher
Yale University Press
Publication year
2008
Condition
Good
Binding
Hardback
Language
English
ISBN 10
0300124511
ISBN 13
9780300124514

World of Books Inc

Montgomery, IL, U.S.A.

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AbeBooks seller since March 23, 2026

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Founded in 2002, World of Books is a leading online destination for buying and selling both preloved and new books, committed to making sustainable reading accessible to all. With a mission to help people read more and waste less, World of Books offers a huge range of affordable, high-quality books — giving both new and preloved titles a second life. The company also operates World of Books – Sell Your Books, an easy-to-use platform that allows customers to trade in unwanted books for cash, helping to keep books in circulation while promoting sustainability. As a Certified B Corp, World of Books is driven by a vision to become the world’s largest and most sustainable dedicated online bookstore. The company measures its success through the positive environmental impact it creates, the value it provides to customers, and its ability to operate profitably while supporting its sustainable mission

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