Word: frugality
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Dates: during 1990-1999
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...that may force Amazon to think again. Take mySimon.com the most successful of the independent bot sites. It's about to start a service that will e-mail you whenever any online merchant lowers its price for a particular item to an amount you're willing to pay. Feeling frugal about that $150 pair of binoculars? No problem; sit back and wait until the market takes it down to $99. Then jump on it. (As you would expect, there are auction bots that do exactly the same for eBay and its clones...
Like many frugal hotel entrepreneurs today, Schrager's formula is to "reinvent" dilapidated structures instead of building from scratch. He has made an art form of saving money with style--making industrial-quality fixtures look fashionable. He never skimps on attitude, though--ask anyone who has been chided for trying to move the carefully arranged pool chairs at Los Angeles' Mondrian. Schrager stages casting calls and hires aspiring actor-models to play the help; the snooty service can be unimpressive to customers who lack agents...
Traditionally frugal in its approach, the University is now beginning to invest in you. Don't look for big changes immediately, but appreciate the shift in attitude. Administrators are saving less for a rainy day and giving more back to current students...
...close as the son of a President can get to calling himself a self-made man. The details may be true, but the message is bogus, because it ignores Bush's extraordinary family connections. He tried hard to be a regular guy but wasn't; he was famously frugal--"so tight he damn near squeaked," says a colleague--but didn't really need money. Rich friends of his father backed his business ventures...
...holy and frugal St. Francis believed that his order of monks ought to survive by begging. In a way, this pious tradition is preserved by a show that is now on view at New York City's Metropolitan Museum of Art. "The Treasury of Saint Francis of Assisi" comprises some 70 works of art--paintings, sculpture, textiles, manuscripts and metalwork--drawn in part from the 13th century tesoro, or museum, of the Basilica of San Francesco in Assisi, Italy. Its main purpose is to draw attention to the disaster that struck the great pilgrimage center in September 1997, when...