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Word: thrifting (lookup in dictionary) (lookup stats)
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...Weber broached the theory in 1905 with The Protestant Ethic and the Spirit of Capitalism. Calvinism and the Protestant sects, he maintained, lacking the absolution of sins provided by the Roman Catholic Church, depend upon outward and visible signs of salvation: diligence, sobriety and God's reward-success. Thrift, he argued, was also a peculiarly Protestant virtue, and the combination of these qualities naturally produced capital. Weber quoted Methodism's founder, John Wesley: "Religion must necessarily produce both industry and frugality, and these cannot but produce riches.'' British Economist Richard H. Tawney further developed Weber...

Author: /time Magazine | Title: Religion: Protestantism & Capitalism | 10/20/1961 | See Source »

...summoned to explore in the world of ideas. He is told- and repeats- scientific lwas that are built into our lives from the day we are born, but he is not made to discover them for himself. His world contains no geometrical relationships or concepts of thrift and capital accumulation; he encounters no daily physical examples mechanical engineering, and does not undergo the analogue experience of complex social and occupational relationships. He cannot acquire automatically that all important fidelity to standards of competency and responsibility fundamental to the existence of orderly political community and dynamic program of economic technological...

Author: By Peter C. Goldmark, | Title: Tanganyikan Tour | 10/14/1961 | See Source »

...take sharp issue with the leadership now in power," he said. "I am sick and tired of hearing alleged leaders scoff at a balanced budget." Putting aside his prepared text for a moment, he snapped angrily: "Is it so wicked to show some respect for the pioneer qualities of thrift and energy? . . . I believe deeply that continuing deficit spending is immoral . . . I look in vain, and with deep concern, for fiscal responsibility today in public affairs...

Author: /time Magazine | Title: Nation: In & Out of Retirement | 6/9/1961 | See Source »

Cain is a dour, sly farmer with qualities still highly regarded by north-countrymen :-thrift, industry, independence ("By all men I set not a fart")-who tries to cheat God in the number of wheat sheaves he offers...

Author: /time Magazine | Title: Religion: The Wakefield Mysteries | 4/14/1961 | See Source »

...days of Balzac and Galsworthy, the novel could legitimately deal with a businessman's success (through ambition and thrift) or with his failure (through greed, circumstance or the follies of love). A distinctly American contribution to the art of fiction is the discovery that success is failure. In the first 500 novels devoted to this notion, the unimpeachable moral that a man may lose his soul while making money proved reasonably arresting, but by now, the theme has become an overpowering bore and need no longer be written; it can be assembled from the fictioneer's clich...

Author: /time Magazine | Title: Books: The Disenchanted Forest | 11/21/1960 | See Source »

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