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Thrifty Americans Threaten Recovery
Kearneysville, WV. Things are looking up. According to the “experts” the global economy appears to be stabilizing. For what it's worth, the use of phrases like “economic Armageddon” are not…
New Dishwasher?
Mt. Airy, Philadelphia. About a week ago our dishwasher started to issue a loud grinding sound from its hidden depths. After a few days I decided to call an appliance…
The Wise Old Œconomist
Mt. Airy, Philadelphia. Before it became a science of supply and demand and the circulation of commodities, economics was originally understood as the wisdom of household management. The Greek word…
The Cincinnatus of Thrift
Russell Arben Fox remembers well his thrifty grandmother, and so do I, and so do you, perhaps. For the rest of the nation there is Amy Dacyczyn of Leeds, Maine,…
Growth or Virtue?
RINGOES, NJ. The numbers keep rolling in. The Dow is below 7000. Unemployment is above 8%. In the fourth quarter of 2008, the economy contracted at a rate of 3.8%.…
No Wealth But Life
JEFFERSON COUNTY, KANSAS. William Allen White, the noted editorialist of Emporia, once named our shared home country America’s tenth muse—the muse of prophecy. If Kansas is muse, surely one of…
