Linked yesterday on the Drudge Report and picked up by news outlets all over the world is a brief Bloomberg report on a statement from the Italian Finance Minister Giulio Tremonti. Tremonti attributed to Pope Benedict XVI a “prophecy” dating from over twenty years ago concerning the current global financial meltdown.
Posts tagged with: frugality
Picking up on themes we’ve touched on here, here, and here, last week NYT columnist David Brooks weighed in on the culture of debt in the United States.
“The social norms and institutions that encouraged frugality and spending what you earn have been undermined,” he writes. “The institutions that encourage debt and living for the moment have been strengthened.”
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by Anthony Bradley - What capitalists can learn from Pope Francis (443 views)
by Elise Hilton - Paying For College By Selling Yourself (328 views)
by Elise Hilton - The Failing Success of Population Control in the Developing World (269 views)
by Anthony Bradley - 7 Great Books for Memorial Day (263 views)
by Ray Nothstine
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