Turning a Culture of Debt into a Culture of Thrift

John Hall, Associated Baptist Press, 4/12/2010

Taking chances and borrowing money is as much a part of American culture as the Protestant work ethic, said David Blankenhorn, president of the Institute for American Values... Comparing it to "grandma's famous elixir," Blankenhorn said only a societal ethic of thrift can turn the nation back to its saving ways. Churches are key to that effort because they are the "custodians of the stewardship ethic."

Subject: Thrift


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