If you would be free, be thrifty: The first National Thrift Week in America in 45 Years Promotes a Neglected Virtue

Carolyn Moynihan, MercatorNet (Australia), 1/20/2011

Probably no organisation has done more to promote thrift recently than the Institute for American Values. Three years ago, in partnership with the John Templeton Foundation and with the support of experts from a large numbers of organisations, the IAV issued a report calling for a revival of the American tradition of thrift. For a New Thrift surveyed the debt culture into which much of the nation was sinking and proposed several specific objectives for beating it. This week part of that plan is being realised as the first National Thrift Week in 45 years is observed in Philadelphia. Among those involved in the event is the mayor, a local bank and a credit union.

Subject: Thrift


Institute for American Values, 420 Lexington Avenue, Room 300, New York, NY 10170-0399