Home
/
RELIGION & LIBERTY ONLINE
/
Amity Shlaes on Thrift and Calvin Coolidge
Amity Shlaes on Thrift and Calvin Coolidge
Mar 21, 2026 6:15 PM

Thrift almost seems like a lost virtue among much of our governing class. It is also true of the general population. We don’t have to just look at our staggering public debt, but consumer credit card debt tells the story too. In a past post on the virtue of thrift, Jordan Ballor reminds us that “thrift is one of the things that separates civilized capitalism from savage consumerism.”

When I worked for U.S. Congressman Gene Taylor in Mississippi, we had a lot of second-hand office equipment. The boss was always serious about saving tax dollars. I know there are still representatives out there that take thrift seriously. However, we should also let the illustration provided by Amity Shlaes on Calvin Coolidge over at National Review sink in, especially given some of the lavish entertainment we hear about in Washington:

For Coolidge, no savings was too small to overlook. Recently William Jenney, the archivist for the state of Vermont at the Coolidge homestead, pulled out for me an old looseleaf notebook. It contained the White House housekeeper’s journal of outlays for White House entertainment. The White House, even then, received tens of thousands of visitors a year; the Coolidges hosted Col. Charles Lindbergh and Ignacy Padereweski, the pianist and politician. There were many days when Coolidge shook 2,000 hands. But he also kept an eye on the budget. For 1926, the housekeeper itemized each purchase for each event; the total was $11,667.10. For 1927 she managed to get the amount down to $9,116.39. The president reviewed this and wrote her a note: “To Miss Riley, very fine improvement.”

Shlaes, who has a ing book on Calvin ing out soon, was interviewed in Religion & Liberty’s 2009 fall issue. She discusses her book The Forgotten Man and the Great Depression in the interview.

I have also touched on Coolidge on the PowerBlog. In a post titled “Keep Cool with Coolidge,” I linked to a great recording on Coolidge talking about the cost of government spending. Have a listen: [audio:

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Verse of the Day
  Commentary on Today's Verse   Commentary on Psalm 27:1-6   (Read Psalm 27:1-6)   The Lord, who is the believer's light, is the strength of his life; not only by whom, but in whom he lives and moves. In God let us strengthen ourselves. The gracious presence of God, his power, his promise, his readiness to hear prayer, the witness of his Spirit...
Verse of the Day
  Commentary on Today's Verse   Commentary on 1 John 4:7-13   (Read 1 John 4:7-13)   The Spirit of God is the Spirit of love. He that does not love the image of God in his people, has no saving knowledge of God. For it is God's nature to be kind, and to give happiness. The law of God is love; and all...
Verse of the Day
  Commentary on Today's Verse   Commentary on 1 Peter 5:5-9   (Read 1 Peter 5:5-9)   Humility preserves peace and order in all Christian churches and societies; pride disturbs them. Where God gives grace to be humble, he will give wisdom, faith, and holiness. To be humble, and subject to our reconciled God, will bring greater comfort to the soul than the gratification...
Verse of the Day
  Romans 5:6-8 In-Context   4 perseverance, character; and character, hope.   5 And hope does not put us to shame, because God's love has been poured out into our hearts through the Holy Spirit, who has been given to us.   6 You see, at just the right time, when we were still powerless, Christ died for the ungodly.   7 Very rarely will...
Verse of the Day
  Romans 2:21-23 In-Context   19 if you are convinced that you are a guide for the blind, a light for those who are in the dark,   20 an instructor of the foolish, a teacher of little children, because you have in the law the embodiment of knowledge and truth-   21 you, then, who teach others, do you not teach yourself? You...
Verse of the Day
  Commentary on Today's Verse   Commentary on Acts 20:17-27   (Read Acts 20:17-27)   The elders knew that Paul was no designing, self-seeking man. Those who would in any office serve the Lord acceptably, and profitably to others, must do it with humility. He was a plain preacher, one that spoke his message so as to be understood. He was a powerful preacher;...
Verse of the Day
  Commentary on Today's Verse   Commentary on James 1:1-11   (Read James 1:1-11)   Christianity teaches men to be joyful under troubles: such exercises are sent from God's love; and trials in the way of duty will brighten our graces now, and our crown at last. Let us take care, in times of trial, that patience, and not passion, is set to work...
Verse of the Day
  Matthew 7:24-27 In-Context   22 Many will say to me on that day, 'Lord, Lord, did we not prophesy in your name and in your name drive out demons and in your name perform many miracles?'   23 Then I will tell them plainly, 'I never knew you. Away from me, you evildoers!'   24 Therefore everyone who hears these words of mine...
Verse of the Day
  Commentary on Today's Verse   Commentary on Ecclesiastes 5:9-17   (Read Ecclesiastes 5:9-17)   The goodness of Providence is more equally distributed than appears to a careless observer. The king needs the common things of life, and the poor share them; they relish their morsel better than he does his luxuries. There are bodily desires which silver itself will not satisfy, much less...
Verse of the Day
  Daniel 4:34-35 In-Context   32 You will be driven away from people and will live with the wild animals; you will eat grass like the ox. Seven times will pass by for you until you acknowledge that the Most High is sovereign over all kingdoms on earth and gives them to anyone he wishes.   33 Immediately what had been said about...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved