Thursday, July 11, 2013

Calvin Coolidge Quote of the Week

Calvin Coolidge-Garo.jpg

This week's quote is from a newspaper column Coolidge penned on January 17, 1930 regarding the concept of thrift.  He defines it differently than what many would think of it today.

"Thrift does not mean parsimony.  It is not to be in any way identified with the miser. The thrifty person is one who does the best that is possible to provide for suitable discharge of the future duties of life.  In its essence it is self-control.  Contentment and economic freedom are its fruits."

When one thinks about how the concept of thrift is seen today, both in society and in management of public policy, how often is it 1) seen in a positive light and 2) actually pursued?

4 comments:

  1. All those big words were like vitamins for my brain. My English is languishing in a foreign country.

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  2. Brilliant and well-put, as usual. As Coolidge implies, we should recognize that individual liberty must coexist with self-control.

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  3. Looks like Coolidge had about a centuries head start on Rapper Macklemore. Coolidge was "poppin tags" before it was cool...

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  4. I see you haven't changed your profile picture yet....... :S

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