Home
/
RELIGION & LIBERTY ONLINE
/
Amity Shlaes on Thrift and Calvin Coolidge
Amity Shlaes on Thrift and Calvin Coolidge
Apr 9, 2026 9:00 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
ENI: WCC Head Addresses Lausanne Congress
World churches’ leader’s speech reaches to evangelical Christians By Munyaradzi Makoni Cape Town, 18 October (ENI)–The head of the World Council of Churches has reached out to a global gathering of Evangelicals saying Christians of different traditions need to learn from each other to participate together in God’s mission. “We are called to be one, to be reconciled, so that the world may believe that God reconciles the world to himself in Christ,” the WCC general secretary, the Rev. Olav...
Cape Town 2010, China, and Cybersecurity
The Third Lausanne Congress on World Evangelization, also known as Cape Town 2010, was reportedly the target of an cyber attack. The official statement from the congress says, “The puter network developed for sharing Congress content with the world promised for the first two days of the Congress.” “We have tracked malicious attacks by millions of external ing from several locations,” said Joseph Vijayam, IT Chair of The Lausanne Movement, sponsor of the gathering. “Added to this was a virus...
More on American Exceptionalism: The Podcast
Acton podcast host Marc Vander Maas was joined by John Pinheiro, Jordan Ballor, and myself to discuss the issue of American Exceptionalism. Click on the link below to listen: [audio: There has been quite the uptick regarding the topic because of fears that America has lost its greatness. “America’s Destiny Must Be Freedom,” is mentary I penned in June related to that fear, as well as an overview of America’s freedom narrative. I also hosted an Acton on Tap on...
How Do You Say ‘Crony Capitalism’ in Hebrew?
It turns out there’s a phrase for the reality of ‘crony capitalism’ in Hebrew: hon v’shilton, which is “literally translated as capital and government, an expression Israelis use to describe the rich’s influence on government.” Check out Bloomberg Businessweek for an overview of current controversy on Israel’s “business elite.” Of course business need not corrupt government. But the temptation for those with a concentration of economic power to turn that into political advantage in order to retain economic dominance is...
Reflections on Acton’s Twentieth Anniversary
I remember my first Acton event in 2002, a “Toward a Free and Virtuous Society” conference that I attended as a graduate student. There are a number of things I remember quite clearly, but perhaps most striking was an occasion when someone said something to the effect that those with wealth are able to do more for the Kingdom of God than the poor. This is basically the same view that was once articulated in John Stossel’s special TV program...
The Subversion of Charity and Christian Identity
There were a few stories from the Grand Rapids Press over the weekend that form data points pointing toward some depressing trends: a decline in charitable giving (especially to churches), supplanting of private charity by government welfare, and the attempt to suppress explicit Christian identity. Here’s a list with some brief annotations: “Study reveals church giving at lowest point since Great Depression” (10/23/10): This is really a damning first sentence: “…congregations have waning influence among charitable causes because their focus...
Acton Institute Wins Templeton Freedom Award for Ethics and Values
News from the Acton Institute: Grand Rapids, Mich. (October 22, 2010) – The Acton Institute won first place in the Ethics and Values category in the 2010 Templeton Freedom Awards for Excellence in Promoting petition. The award, managed by the Atlas Economic Research Foundation, recognized Acton for its production of film documentaries that municate the principles and values of individual liberty and a free society.” Atlas cited Acton for “first-rate documentaries designed municate the importance of virtue, limited government, and...
Video: Rev. Robert Sirico’s Riskiest Investment Ever
One of the interesting things you learn when you start working at the Acton Institute is that the brother of Acton Institute co-founder and president Rev. Robert A. Sirico is an actor. A pretty famous actor, actually. And eventually it sinks in that Father Sirico’s brother Tony is, in fact, Paulie Walnuts from The Sopranos. Now, if you know anything about Paulie Walnuts, you know that he’s a pretty tough character: a gangster with few scruples about engaging in all...
A Report from Acton’s 20th Annual Dinner
David Bahnsen, writing on The Bahnsen Viewpoint, has a great report on last night’s Acton dinner: “Good news – the President has announced a reduction of the government work force by one million people (20%). Bad news – the cuts were ordered by President Raul Castro in Cuba.” So began the 20th anniversary dinner of The Acton Institute tonight in Grand Rapids, MI. Acton co-founder, Kris Alan Mauren loosened up the crowd with the aforementioned joke which served the dual...
Rev. Robert Sirico: The Tea Party Movement and Catholic Social Teaching
Rev. Robert Sirico talked about the Tea Party movement and Catholic Social Teaching yesterday with Al Kresta on Ave Maria Radio. Click on the link below to listen: [audio: From Kresta in the Afternoon: The Tea Party Movement: How Does it Gel With Catholic Social Teaching? Since their not-so-quiet arrival on the U.S. political scene, the tea party has garnered a great deal of attention and found growing support among disgruntled Americans, many of whom are Catholics. A missioned earlier...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved