Yale University Press

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

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

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The average American over the past forty years has lived well but, now more than ever before, on borrowed time and money. Americans are the world's prodigal sons, spending all of their riches today and guaranteeing themselves a place in the poorhouse of tomorrow. In Whatever Happened to Thrift? Ronald T. Wilcox tells why our savings have declined dramatically and what we can do now to rescue our financial future.

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