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In Cheap We Trust by Lauren Weber
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In Cheap We Trust (2009)

by Lauren Weber

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889124,456 (3.5)8
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Weber's research on the topic of thrift is exhaustive. I found the book exhausting- I was drowning in dry details. Can one slog through a dry book? If so, that's what I did here. The introduction was funny, where she talked about her cheap upbringing. I would really like to read a memoir from her. ( )
  satyridae | Apr 5, 2013 |
Good history of frugality and spending money ( )
  markfontecchio | Mar 9, 2011 |
Good history of frugality and spending money ( )
  markfontecchio | Mar 9, 2011 |
Good history of frugality and spending money ( )
  markfontecchio | Mar 9, 2011 |
I don’t know why cheap is in allcaps. Weber gives a general tour of the reputation of cheapness throughout American history, including its interactions with racial stereotypes and sometimes with gender. She has interesting tidbits about how pillars of industry decided that spending (or very occasionally saving) was the way to make the American economy work, but there’s very little here unless you want to hear her ending account of walking among the freegans for a bit. Conclusion: freegans don’t like how dumpster diving has become the key publicized feature of the movement, which is more comprehensively anticapitalist. ( )
1 vote rivkat | Dec 27, 2010 |
Showing 1-5 of 9 (next | show all)
There’s a lot to like about the book. Weber presents an engaging, if slightly overextended, history of America’s complicated relationship with spending.
 
[Weber] works hard not to moralize (humor is always the best antidote to preachiness) and introduces some fantastic characters along the way, for example, Hetty Green, listed in the Guinness Book of World Records as the "world's greatest miser."
 
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FOR MY FATHER,
A CHEAP AND GENEROUS MAN.
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Cheap.
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Amazon.com Product Description (ISBN 0316030287, Hardcover)

Cheap.

Cheap suit. Cheap date. Cheap shot. It's a dirty word, an epithet laden with negative meanings. It is also the story of Lauren Weber's life. As a child, she resented her father for keeping the heat at 50 degrees through the frigid New England winters and rarely using his car's turn signals-to keep them from burning out. But as an adult, when she found herself walking 30 blocks to save $2 on subway fare, she realized she had turned into him.

In this lively treatise on the virtues of being cheap, Weber explores provocative questions about Americans' conflicted relationship with consumption and frugality. Why do we ridicule people who save money? Where's the boundary between thrift and miserliness? Is thrift a virtue or a vice during a recession? And was it common sense or obsessive-compulsive disorder that made her father ration the family's toilet paper?

In answering these questions, In Cheap We Trust offers a colorful ride through the history of frugality in the United States. Readers will learn the stories behind Ben Franklin and his famous maxims, Hetty Green (named "the world's greatest miser" by the Guinness Book of Records) and the stereotyping of Jewish and Chinese immigrants as cheap.

Weber also explores contemporary expressions and dilemmas of thrift. From Dumpster-diving to economist John Maynard Keynes's "Paradox of Thrift" to today's recession-driven enthusiasm for frugal living, In Cheap We Trust teases out the meanings of cheapness and examines the wisdom and pleasures of not spending every last penny.

(retrieved from Amazon Sun, 13 Jan 2013 09:49:40 -0500)

(see all 2 descriptions)

Considers our hot-and-cold relationship with thrift and offers a colorful ride through its history in America, from Ben Franklin and his famous maxims to the branding of Jews and the Chinese as cheap in order to neutralize the economic competition they represented.… (more)

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