The Paradox of Thrift Revisited

Most nations of the world have abandoned this time-tested wisdom, but that makes it no less true. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

Read Online July 2, 2026

The Paradox of Thrift Revisited By Jeffrey A. Tucker Most nations of the world have abandoned this time-tested wisdom, but that makes it no less true. Share           Read more Do you have feedback for our coverage? Tell us what you think by replying to this email. 250 years ago, in the summer of 1776, the Declaration of Independence was formally adopted on July 4, marking the birth of the nation. In celebration of this historic moment, we are excited to introduce our best annual offer to our readers: enjoy a full subscription to The Epoch Times for $13 for an entire year! The Epoch Times strives to fill the void at a time when partisan and biased reporting has become commonplace. As staunch believers in traditional journalism, we rigorously pursue facts and accuracy, leaving views strictly as opinions. When you do choose to explore people’s perspectives, we guarantee you the freedom of thought. Too often, certain voices are suppressed or silenced—that’s never the case at The Epoch Times. Browsing through the commentaries, you will immediately recognize honest, refreshing, and at times courageous discussions on topics perhaps purposefully left out by others: World Cup Tourists See What Too Many Americans Have Forgotten; ‘Intellectual Obesity’ and the Path Forward; What Kipling’s Poem ‘If’ Can Teach Boys About Manhood... They are truly a feast for the mind. Start experiencing a publication that’s truly one of a kind. Subscribe Now Lunch Grilled Pesto Shrimp Read the article → Film Review ‘Supergirl’: This New Superstar Is Going to Be Around for a While Read the article → Home Install a Flagpole Read the article → SPONSORED BY GAN JING WORLD [LIMITED-TIME FREE] Police Are Warning Drivers About THIS New Scam Popping Up at Gas Pumps Learn more → CONTRIBUTED BY SHEN YUN ZUO PIN 5 Virtues in Chinese Philosophy You Wish You Knew Sooner Learn more → 📜 American Essence: Teddy Roosevelt items chosen for new Badlands’ library: Important Roosevelt memorabilia preserved in a North Carolina farmhouse is now being installed in the Rough Riders’ South Dakota library. 📚 Book Review: “The Missing Child” — a son’s search for his mother’s hidden history: Paul T. O’Connor uncovers the life his mother led, and the life she could have had. 🎼 Music: “None shall sleep” before the World Cup: A piece of classical music becomes the anthemic song for millions of sports fans. 250 Years Ago: South Carolina Defeats the British Empire: The historic moment unfolded with quiet parliamentary precision and strict protocol rather than fanfare. Six days later, on July 4, 1776, Congress approved the Declaration of Independence. Read more →

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