In his work “The Historie of Foure-footed Beastes,” Edward Topsell coined the phrase “penny wise and pound foolish.” Topsell couldn’t have imagined he was describing America’s overcharged consumer culture as he wrote this in 1607, but this observation of average folks’ penchant for penny-pinching at the expense of longer-term savings was right on the money.
Take [...]
Archive for October, 2007
The Light’s Are On But Nobody’s Home
October 29, 2007Follow the Money
October 21, 2007I would guess that many people in their mid-40s (myself included) learned how our government works not in civics class (who paid attention to that?) or from the inescapable Watergate hearings (which in 1973 dominated every channel—all three of them!) but from watching the Saturday morning Schoolhouse Rock shorts that were featured between favorite cartoons [...]