Beyond Our Means: Why America Spends While the World Saves
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Princeton, N.J.
Princeton University Press
2011
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Schlagworte: | |
Online-Zugang: | Volltext Volltext |
Beschreibung: | Biographical note: GaronSheldon: Sheldon Garon is the Nissan Professor of History and East Asian Studies at Princeton University. He is the author of "Molding Japanese Minds: The State in Everyday Life" (Princeton) and coeditor of "The Ambivalent Consumer: Questioning Consumption in East Asia and the West" Main description: 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, promoted mass consumption and reliance on credit, culminating in the global financial meltdown. Many economists believe people save according to universally rational calculations, saving the most in their middle years as they plan for retirement, and saving the least in welfare states. In reality, Europeans save at high rates despite generous welfare programs and aging populations. Americans save little, despite weaker social safety nets and a younger population. Tracing the development of such behaviors across three continents from the nineteenth century to today, this book highlights the role of institutions and moral suasion in shaping habits of saving and spending. It shows how the encouragement of thrift was not a relic of indigenous traditions but a modern movement to confront rising consumption. Around the world, messages to save and spend wisely confronted citizens everywhere--in schools, magazines, and novels. At the same time, in America, businesses and government normalized practices of living beyond one's means. Transnational history at its most compelling, Beyond Our Means reveals why some nations save so much and others so little.Some images inside the book are unavailable due to digital copyright restrictions |
Beschreibung: | 1 Online-Ressource (488 S.) |
ISBN: | 9781400839407 |
DOI: | 10.1515/9781400839407 |
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500 | |a Main description: 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, promoted mass consumption and reliance on credit, culminating in the global financial meltdown. Many economists believe people save according to universally rational calculations, saving the most in their middle years as they plan for retirement, and saving the least in welfare states. In reality, Europeans save at high rates despite generous welfare programs and aging populations. Americans save little, despite weaker social safety nets and a younger population. Tracing the development of such behaviors across three continents from the nineteenth century to today, this book highlights the role of institutions and moral suasion in shaping habits of saving and spending. It shows how the encouragement of thrift was not a relic of indigenous traditions but a modern movement to confront rising consumption. Around the world, messages to save and spend wisely confronted citizens everywhere--in schools, magazines, and novels. At the same time, in America, businesses and government normalized practices of living beyond one's means. Transnational history at its most compelling, Beyond Our Means reveals why some nations save so much and others so little.Some images inside the book are unavailable due to digital copyright restrictions | ||
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spelling | Garon, Sheldon M. 1951- Verfasser (DE-588)142184675 aut Beyond Our Means Why America Spends While the World Saves Princeton, N.J. Princeton University Press 2011 1 Online-Ressource (488 S.) txt rdacontent c rdamedia cr rdacarrier Biographical note: GaronSheldon: Sheldon Garon is the Nissan Professor of History and East Asian Studies at Princeton University. He is the author of "Molding Japanese Minds: The State in Everyday Life" (Princeton) and coeditor of "The Ambivalent Consumer: Questioning Consumption in East Asia and the West" Main description: 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, promoted mass consumption and reliance on credit, culminating in the global financial meltdown. Many economists believe people save according to universally rational calculations, saving the most in their middle years as they plan for retirement, and saving the least in welfare states. In reality, Europeans save at high rates despite generous welfare programs and aging populations. Americans save little, despite weaker social safety nets and a younger population. Tracing the development of such behaviors across three continents from the nineteenth century to today, this book highlights the role of institutions and moral suasion in shaping habits of saving and spending. It shows how the encouragement of thrift was not a relic of indigenous traditions but a modern movement to confront rising consumption. Around the world, messages to save and spend wisely confronted citizens everywhere--in schools, magazines, and novels. At the same time, in America, businesses and government normalized practices of living beyond one's means. Transnational history at its most compelling, Beyond Our Means reveals why some nations save so much and others so little.Some images inside the book are unavailable due to digital copyright restrictions Verbraucherverhalten (DE-588)4062644-1 gnd rswk-swf Sparsamkeit (DE-588)4182103-8 gnd rswk-swf Schulden (DE-588)4053461-3 gnd rswk-swf Japan (DE-588)4028495-5 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Verbraucherverhalten (DE-588)4062644-1 s Schulden (DE-588)4053461-3 s Sparsamkeit (DE-588)4182103-8 s Japan (DE-588)4028495-5 g 1\p DE-604 https://doi.org/10.1515/9781400839407 Verlag Volltext http://www.degruyter.com/search?f_0=isbnissn&q_0=9781400839407&searchTitles=true Verlag Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
spellingShingle | Garon, Sheldon M. 1951- Beyond Our Means Why America Spends While the World Saves Verbraucherverhalten (DE-588)4062644-1 gnd Sparsamkeit (DE-588)4182103-8 gnd Schulden (DE-588)4053461-3 gnd |
subject_GND | (DE-588)4062644-1 (DE-588)4182103-8 (DE-588)4053461-3 (DE-588)4028495-5 (DE-588)4078704-7 |
title | Beyond Our Means Why America Spends While the World Saves |
title_auth | Beyond Our Means Why America Spends While the World Saves |
title_exact_search | Beyond Our Means Why America Spends While the World Saves |
title_full | Beyond Our Means Why America Spends While the World Saves |
title_fullStr | Beyond Our Means Why America Spends While the World Saves |
title_full_unstemmed | Beyond Our Means Why America Spends While the World Saves |
title_short | Beyond Our Means |
title_sort | beyond our means why america spends while the world saves |
title_sub | Why America Spends While the World Saves |
topic | Verbraucherverhalten (DE-588)4062644-1 gnd Sparsamkeit (DE-588)4182103-8 gnd Schulden (DE-588)4053461-3 gnd |
topic_facet | Verbraucherverhalten Sparsamkeit Schulden Japan USA |
url | https://doi.org/10.1515/9781400839407 http://www.degruyter.com/search?f_0=isbnissn&q_0=9781400839407&searchTitles=true |
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