[Mobile ebook] Beyond Our Means: Why America Spends While the World Saves






 | #1312505 in eBooks |  2011-10-31 |  2011-10-31 | File Name: B005Z67ELC


||19 of 19 people found the following review helpful.| Are Higher Savings Key to Turn Around the Underperforming U.S. Economy?|By Serge J. Van Steenkiste|Sheldon Garon does a great job in his analysis of the global history of small saving in the form of deposits in banks, post offices, saving bonds, or life insurance schemes mainly in Europe, East Asia, and the U.S. Mr. Garon defines small savers as the working, farming, and mi| |"Garon makes a powerful case that savings isn't about culture. It's policy. . . . You'll think about savings policies differently after [you] pick up a copy of Beyond Our Means."--Christopher Farrell, economics editor of Marketplace Money

If the financial crisis has taught us anything, it is that Americans save too little, spend too much, and borrow excessively. What can we learn from East Asian and European countries that have fostered enduring cultures of thrift over the past two centuries? Beyond Our Means tells for the first time how other nations aggressively encouraged their citizens to save by means of special savings institutions and savings campaigns. The U.S. government, meanwhile, pr...


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