Home
/
RELIGION & LIBERTY ONLINE
/
Amity Shlaes on Thrift and Calvin Coolidge
Amity Shlaes on Thrift and Calvin Coolidge
Apr 8, 2026 6:03 AM

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
Review: That’s a Great Question
A couple of months ago Arkansas’ Secretary of State rejected the request from the Universal Society of Hinduism to erect a statue on state capitol grounds. A good friend from college, himself a Hindu, sent me an email asking me what I thought about it. What could I say? It seemed patiently unfair: Arkansas had approved a monument for the Ten Commandments on state grounds, but rejected the Hindu organization’s privately funded statue. miserated with my friend, saying only that...
Russell Kirk: Conservative, Humanist, Christian
Reading Bradley J. Birzer’s Russell Kirk, one might quibble with the subtitle: An American Conservative, but only because the term “conservative” has been worried like a rag doll in the maw of a Doberman puppy since Kirk mitted ink to paper on the conservative matter nearly 75 years ago. In the context of his times and eventual legacy, “conservative” plete sense since Kirk’s genius for connecting the dots of political philosophy and history exploded fully formed in 1953 with his...
Pope Francis and Free Economy in the Evangelii Gaudium
1. Introduction Francis’ Apostolic ExhortationEvangelii Gaudium[1](EG) is not a text on economy: it is a fine and substantial magisterial reflection about the topic of evangelization in our days, a most extensive subject whose analysis exceeds the humble purposes of this article, and must await a later occasion. However, Francis’ diagnosis of current circumstances holds some judgments on economic issues that have once again caused admiration and adhesion among free market critics, as well as concern or outright rejection among free...
The FAQs: China’s ‘One-Child’ Policy
What was China’s “one-child” policy? In an attempt to limit population growth, China implemented a policy in the late 1970s that forbid families from having more than one child (there were, however, no penalties for multiple births, such as twins or triplets). Over the years, though, numerous exceptions have been allowed and by 2007 the policy only restricted 35.9 percent of the population to having one child. What is the new policy? Starting next March, a change to current family...
Chart of the Week: The Fragmented Federal Welfare System
The nonpartisan Congressional Research Service estimates that there are currently over 80 federal programs that provide food, housing, healthcare, job training, education, energy assistance, and cash to e Americans. How do they fit together to serve the poor? During a hearing on Tuesday about better coordinating welfare programs to serve families in need, the chairman of theHouse Ways and Means Human Resources mittee provided the following chart (click to enlarge). Confused? You’re not the only one. As Rep.Charles Boustany (R-LA)...
Russell Kirk and Christian Humanism
Russell Kirk Writing for the Morning Sun, Acton’s frequent contributor Bruce Walker, discusses Russell Kirk, calling him a “Christian Humanist.” Walker argues that not only was Kirk a talented writer, but he also understood other Christian humanists and was able to clarify some of their works and theories: Kirk may not have been the first, but was the scholar best able to identify [T. S.] Eliot’s nameless targets in the poem “The Hollow Men” as H.G. Wells, Bernard Shaw and...
Green America’s War on Restaurants
The network of leftist shareholder activism plex and wide-ranging. In the name of progressive causes, they panies to forfeit profitability, reduce investment returns, raise costs to customers and threaten both actual and potential jobs. It’s heartbreaking that religious shareholder groups not only willingly but passionately lend their support to secular causes promoted by US SIF: The Forum for Sustainable and Responsible Investment and Ceres. As I have noted previously, both organizations count religious shareholder groups among their respective membership rosters...
Welcome to Cuba: Where doctors earn less than taxi drivers
In Cuba, taxi drivers earn far more than doctors, raking in more money in one day than a doctor will make in an entire month. The reason? Unlike most of the Cuban economy, taxi licenses are privately held and wages are not set by the state. Johnny Harris explains: Although Cuba offers fewopportunities for private enterprise — outside of itssprawling black market, that is — the number of self-employed workers has slowly grown in recent years. Seven years after Raul...
Yes, New York Times, for Christians Scripture Is Indeed the Rule of Law
“If any of you has a dispute with another, do you dare to take it before the ungodly for judgment instead of before the Lord’s people?” The Apostle Paul asked the church in Corinth. “Or do you not know that the Lord’s people will judge the world?” Paul continues, And if you are to judge the world, are you petent to judge trivial cases? Do you not know that we will judge angels? How much more the things of this...
Radio Free Acton: Jay Nordlinger On The Children of Monsters
Jay Nordlinger speaks at the Acton Lecture Series This week on Radio Free Acton, National Review Senior Editor Jay Nordlinger joins the podcast to talk about his latest book,Children of Monsters: An Inquiry Into the Sons and Daughters of Dictators, a book I enjoyed enough to create the “Radio Free Acton 5 Star Award of Excellence” in order to have an award to bestow upon it. Nordlinger joined us here at Acton on October 29 to deliver an Acton Lecture...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved