New York Times Science writer John Tierney writes about how there are interesting patterns of brain activity that can predict whether or not you will spend money on something or not, leading scientists to develop the Tightwad-Spendthrift scale.
It seems that neither tightwads nor spendthrifts fit what economists have lazily described as “rational actors”. It seems [...]
Not So Rational Actors After All
Interesting Frugal Food Stuff
I consider myself reasonably frugal when it comes to food, though I am nowhere near as penny-pinching as some people in this category. As I have said before, I do not believe that lower grocery bills are the point of living deliberately and frugally.
However, I am aware that the grocery bill is, by far, the [...]
Warren Buffet as Frugal Role Model
The world’s second richest man won’t even notice giving away $50,500,000,000…
Frugality Is Not Economics
Frugality has nothing to do with economic thought, regardless of what we have been taught; from Adam Smith calling the frugal the genuine economic man and being promoted by Weber as the protestant driver of early capitalism. Frugality has been, and is, a non-economic tenet of any philosophy, Eastern or Western, that considers the ‘good life’.
For Mom
I come by my frugal and yearning for simplicity honestly. My mother instilled it in us (there are three kids) early, out of necessity, and it has always been with me, even when I drove myself crazy, literally, trying to spend my way as far away from it as I could. Now that I am [...]
These are the ramblings of 