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.
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"An enlightening and enjoyable look at frugality in American culture. This book covers a broad range of viewpoints - historical, social, cultural and psychological, with excellent source work, but still maintains a grip on the here and now. Looking forward to other works by this author. "
— Bree (4 out of 5 stars)
“An entertaining, wide-ranging—and very timely—exploration of thrift.”
— O, The Oprah magazine“This book has a far better chance of making cheapness socially acceptable than Ben Franklin, Jack Benny and my father combined.”
— Time“Engaging…a combination of personal memoir, social history and political manifesto”
— The New York Times Book Review“A defense of thrift, but a sincere, inquisitive one.”
— slate.com“Lessons steam up from this terrific book about the history of thrift (and spending) in our great country.”
— Washington Post“A fascinating account of our nation's binge-and-purge cycle of spending and sacrifice.”
— Fast Company magazine“What's the fine line between thrift and stinginess, self-control and compulsion, purpose and obsession? Lauren Weber's fresh take on the quirky side of saving and spending couldn't be timelier.”
— Sylvia Nasar, author of a Beautiful Mind" I read this two years ago, and I still haven't forgotten that the author's father uses his teabags seven times before chucking them. Yeah. "
— Sabiel, 2/20/2014" Save money. Don't buy stuff. Read it. "
— Maureen, 2/19/2014" This was a fascinating read. It chronicles America's relationship with money and the role of the cheap/frugal. It includes the current financial downturn so the information is current. If you haven't heard of the freegan movement, look it up on the web. "
— Trudy, 2/13/2014" A very interesting and detailed book which history buffs will love. I'm not so interested in every detail, so I ended up skimming some of the events spanning from Ben Franklin's original thrifty writings, both World Wars, the Depression and Post-war spending boom. For me, the most interesting part of the book was the current trends in thriftiness, including a discussion of Freegans and keepers of the Compact, a pledge to not buy anything new. Both of these trends emphasize the author's main point, which is "Cheap" is really not about spending money, but an attitude about reducing waste. "
— Christina, 2/5/2014" Opened my eyes to some of our practices as a country. "
— Katie, 2/2/2014" Interesting read. Has something for everyone....history, economics, sociology and psychology. Thinking about rereading it to absorb it some more. "
— Diana, 1/31/2014" The book was ok, not as interesting as I had hoped, but not dull either. "
— Paul, 1/27/2014" The book traces the history of when thrift was in! "
— Matt, 1/20/2014" Good in theory. Kinda boring in reality. I mostly skimmed. "
— Bridget, 1/8/2014" Very interesting so far. A few slow chapters, but it is getting more interesting towards the end. "
— Helena, 12/15/2013" I had such high hopes for this book. Instead, it was just incredibly boring. "
— Everest, 12/13/2013" It was a well thought out book. The first part dealt with history of thriftness/ cheap. The only thing I didn't like /understand how the 1980s "me generation" was glossed over. "
— Angela, 10/24/2013" Tried this one twice. interesting, but I couldn't do more than skim. "
— Scputval, 7/27/2013" Didn't much care for reading about the history of cheap but appreciated the discussion of alternatives to the overindulgence in our pleasure-seeking culture. There should be some pride in not catering to excesses. "
— Janet, 5/6/2013" Sometimes I get bored with history, but this wasn't too bad, especially given our current economic situation. Plus it was fun reading about cheapskate crazies. "
— Erin, 2/23/2013" Uncommonly smart, timely, and well-researched. The narrative tone is sometimes uneven--a disappointment since the author is obviously talented. It's worth reading if you push through a few slow sections. "
— Michael, 11/16/2012" An enlightening and enjoyable look at frugality in American culture. This book covers a broad range of viewpoints - historical, social, cultural and psychological, with excellent source work, but still maintains a grip on the here and now. Looking forward to other works by this author. "
— Bree, 8/11/2012" Just can't get into this book. I won it in a giveaway and I feel bad that I can't get going with it. I have tried to read this book and just cannot get through it. At this point I find it terribly boring. Maybe it is just not the right time for me to read it. "
— Denise, 8/11/2012" fascinating, wandering history of America, touching on: our consumer culture, the virtue of frugality, and the ecological impacts of both. This book, like Omnivore's Dilemma did for me for food, forces me to examine the choices I make. "
— Kaitlyn, 4/17/2012" No longer nostalgic for a time of voluntary frugality that never existed but happy to learn about the contemporary frugal subculture some Americans are choosing. Now to return my copy to the library... "
— Eva, 12/26/2011" Yay! My inner Silas Marner has been vindicated! "
— Sheri, 10/13/2011" 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. "
— melody, 6/30/2011" This is interesting. It's one of those books that makes you want to make someone else close to you read -- so you can discuss it. There are a lot of points Weber makes that point to why we got here (this economic mess). "
— Jackie, 5/12/2011" So far, it's great! Very interesting read. "
— Laura, 5/11/2011" Surprising and fun account of how Americans have a long, tortured relationship with spending and saving. A perfect book for our times. "
— David, 2/5/2011" I had such high hopes for this book. Instead, it was just incredibly boring. "
— November, 12/25/2010" Inside tips to leaving cheap, some extreme "
— Edwarda, 10/19/2010" Good in theory. Kinda boring in reality. I mostly skimmed. "
— Bridget, 9/3/2010" This was a fascinating read. It chronicles America's relationship with money and the role of the cheap/frugal. It includes the current financial downturn so the information is current. If you haven't heard of the freegan movement, look it up on the web. "
— Trudy, 8/13/2010" Good history of frugality and spending money "
— Mark, 6/9/2010" 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. "
— melody, 4/15/2010Lauren
Weber is a former staff reporter at Reuters and Newsday. She has also written for the New York Times, Los
Angeles Times, American Banker, and other publications. Weber graduated from Wesleyan
University and is the author of In Cheap We Trust: The Story of a Misunderstood American Virtue.
Marguerite Gavin is a seasoned theater veteran, a five-time nominee for the prestigious Audie Award, and the winner of numerous AudioFile Earphones and Publishers Weekly awards. She has been an actor, director, and audiobook narrator for her entire professional career. With over four hundred titles to her credit, her narration spans nearly every genre, from nonfiction to mystery, science fiction, fantasy, romance, and children’s fiction. AudioFile magazine says, “Marguerite Gavin…has a sonorous voice, rich and full of emotion.”