Against Thrift: Why Consumer Culture is Good for the Economy, the Environment, and Your Soul
Against Thrift: Why Consumer Culture is Very good for the Economic system, the Environment, and Your Soul
Given that the financial meltdown of 2008, economists, journalists, and politicians have uniformly insisted that to restore the American Dream and renew economic growth, we need to have to conserve a lot more and devote less. In his provocative new book, historian James Livingston—author of the traditional Origins of the Federal Reserve System—breaks from the consensus to argue that underconsumption caused the existing crisis and will prolong it. By viewing the Wonderful Recession via the prism of the Great Depression,
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