
Beyond Our Means
Why America Spends while the World Saves
Failed to add items
Add to Cart failed.
Add to Wish List failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
$0.99/mo for the first 3 months

Buy for $24.95
No default payment method selected.
We are sorry. We are not allowed to sell this product with the selected payment method
-
Narrated by:
-
Ken Maxon
-
By:
-
Sheldon Garon
About this listen
If the financial crisis has taught us anything, it is that Americans save too little, spend too much, and borrow excessively. What can we learn from East Asian and European countries that have fostered enduring cultures of thrift over the past two centuries? Beyond Our Means tells for the first time how other nations aggressively encouraged their citizens to save by means of special savings institutions and savings campaigns. The U.S. government, meanwhile, promoted mass consumption and reliance on credit, culminating in the global financial meltdown.
Many economists believe people save according to universally rational calculations, saving the most in their middle years as they plan for retirement, and saving the least in welfare states. In reality, Europeans save at high rates despite generous welfare programs and aging populations. Americans save little, despite weaker social safety nets and a younger population. Tracing the development of such behaviors across three continents from the 19th century to today, this book highlights the role of institutions and moral suasion in shaping habits of saving and spending. It shows how the encouragement of thrift was not a relic of indigenous traditions but a modern movement to confront rising consumption. Around the world, messages to save and spend wisely confronted citizens everywhere - in schools, magazines, and novels. At the same time, in America, businesses and government normalized practices of living beyond one's means.
Transnational history at its most compelling, Beyond Our Means reveals why some nations save so much and others so little.
Download the accompanying reference guide.©2012 Princeton University Press (P)2012 Audible, Inc.Listeners also enjoyed...
-
Do Nothing
- How to Break Away from Overworking, Overdoing, and Underliving
- By: Celeste Headlee
- Narrated by: Celeste Headlee
- Length: 7 hrs and 41 mins
- Unabridged
-
Overall
-
Performance
-
Story
In Do Nothing, award-winning journalist Celeste Headlee illuminates a new path ahead, seeking to institute a global shift in our thinking so we can stop sabotaging our well-being, put work aside, and start living instead of doing. As it turns out, we’re searching for external solutions to an internal problem. We won’t find what we’re searching for in punishing diets, productivity apps, or the latest self-improvement schemes. Yet all is not lost - we just need to learn how to take time for ourselves, without agenda or profit, and redefine what is truly worthwhile.
-
-
I almost never leave reviews
- By keli wolfe on 03-03-22
By: Celeste Headlee
-
A History of Money and Banking in the United States: The Colonial Era to World War II
- By: Murray N. Rothbard
- Narrated by: Matthew Mezinskis
- Length: 13 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
In what is sure to become the standard account, Rothbard traces inflations, banking panics, and money meltdowns from the colonial period through the mid-20th century to show how government's systematic war on sound money is the hidden force behind nearly all major economic calamities in American history. Never has the story of money and banking been told with such rhetorical power and theoretical vigor. You will treasure this volume.
-
-
Great facts (if selective); ideological rigidity
- By Philo on 02-04-16
-
The Color of Money
- Black Banks and the Racial Wealth Gap
- By: Mehrsa Baradaran
- Narrated by: Lisa Reneé Pitts
- Length: 15 hrs and 10 mins
- Unabridged
-
Overall
-
Performance
-
Story
When the Emancipation Proclamation was signed in 1863, the black community owned less than one percent of the United States' total wealth. More than 150 years later, that number has barely budged. The Color of Money pursues the persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. The catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty.
-
-
Both a Bridge and a Battle Cry
- By Darwin8u on 09-26-17
By: Mehrsa Baradaran
-
The Ascent of Money
- A Financial History of the World
- By: Niall Ferguson
- Narrated by: Simon Prebble
- Length: 11 hrs and 27 mins
- Unabridged
-
Overall
-
Performance
-
Story
Niall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance. Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal: Call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, it's the sinews of war. To revolutionaries, it's the chains of labor. Niall Ferguson shows that finance is in fact the foundation of human progress.
-
-
A mostly successful and interesting history
- By A reader on 02-24-09
By: Niall Ferguson
-
Free to Choose
- A Personal Statement
- By: Milton Friedman, Rose Friedman
- Narrated by: James Adams
- Length: 12 hrs and 15 mins
- Unabridged
-
Overall
-
Performance
-
Story
Milton Friedman and his wife, Rose, teamed up to write this most convincing and readable guide, which illustrates the crucial link between Adam Smith's capitalism and the free society. They show how freedom has been eroded and prosperity undermined through the rapid growth of governmental agencies, laws, and regulations.
-
-
Fantastic
- By Erik on 01-21-08
By: Milton Friedman, and others
-
How the Other Half Banks
- Exclusion, Exploitation, and the Threat to Democracy
- By: Mehrsa Baradaran
- Narrated by: Priya Ayyar
- Length: 9 hrs and 36 mins
- Unabridged
-
Overall
-
Performance
-
Story
The United States has two separate banking systems today - one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities - all thanks to deregulation that began in the 1970s.
-
-
The Borrowers at the Fringe
- By Darwin8u on 09-13-16
By: Mehrsa Baradaran
-
Do Nothing
- How to Break Away from Overworking, Overdoing, and Underliving
- By: Celeste Headlee
- Narrated by: Celeste Headlee
- Length: 7 hrs and 41 mins
- Unabridged
-
Overall
-
Performance
-
Story
In Do Nothing, award-winning journalist Celeste Headlee illuminates a new path ahead, seeking to institute a global shift in our thinking so we can stop sabotaging our well-being, put work aside, and start living instead of doing. As it turns out, we’re searching for external solutions to an internal problem. We won’t find what we’re searching for in punishing diets, productivity apps, or the latest self-improvement schemes. Yet all is not lost - we just need to learn how to take time for ourselves, without agenda or profit, and redefine what is truly worthwhile.
-
-
I almost never leave reviews
- By keli wolfe on 03-03-22
By: Celeste Headlee
-
A History of Money and Banking in the United States: The Colonial Era to World War II
- By: Murray N. Rothbard
- Narrated by: Matthew Mezinskis
- Length: 13 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
In what is sure to become the standard account, Rothbard traces inflations, banking panics, and money meltdowns from the colonial period through the mid-20th century to show how government's systematic war on sound money is the hidden force behind nearly all major economic calamities in American history. Never has the story of money and banking been told with such rhetorical power and theoretical vigor. You will treasure this volume.
-
-
Great facts (if selective); ideological rigidity
- By Philo on 02-04-16
-
The Color of Money
- Black Banks and the Racial Wealth Gap
- By: Mehrsa Baradaran
- Narrated by: Lisa Reneé Pitts
- Length: 15 hrs and 10 mins
- Unabridged
-
Overall
-
Performance
-
Story
When the Emancipation Proclamation was signed in 1863, the black community owned less than one percent of the United States' total wealth. More than 150 years later, that number has barely budged. The Color of Money pursues the persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. The catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty.
-
-
Both a Bridge and a Battle Cry
- By Darwin8u on 09-26-17
By: Mehrsa Baradaran
-
The Ascent of Money
- A Financial History of the World
- By: Niall Ferguson
- Narrated by: Simon Prebble
- Length: 11 hrs and 27 mins
- Unabridged
-
Overall
-
Performance
-
Story
Niall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance. Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal: Call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, it's the sinews of war. To revolutionaries, it's the chains of labor. Niall Ferguson shows that finance is in fact the foundation of human progress.
-
-
A mostly successful and interesting history
- By A reader on 02-24-09
By: Niall Ferguson
-
Free to Choose
- A Personal Statement
- By: Milton Friedman, Rose Friedman
- Narrated by: James Adams
- Length: 12 hrs and 15 mins
- Unabridged
-
Overall
-
Performance
-
Story
Milton Friedman and his wife, Rose, teamed up to write this most convincing and readable guide, which illustrates the crucial link between Adam Smith's capitalism and the free society. They show how freedom has been eroded and prosperity undermined through the rapid growth of governmental agencies, laws, and regulations.
-
-
Fantastic
- By Erik on 01-21-08
By: Milton Friedman, and others
-
How the Other Half Banks
- Exclusion, Exploitation, and the Threat to Democracy
- By: Mehrsa Baradaran
- Narrated by: Priya Ayyar
- Length: 9 hrs and 36 mins
- Unabridged
-
Overall
-
Performance
-
Story
The United States has two separate banking systems today - one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities - all thanks to deregulation that began in the 1970s.
-
-
The Borrowers at the Fringe
- By Darwin8u on 09-13-16
By: Mehrsa Baradaran
-
The Price of Inequality
- How Today's Divided Society Endangers Our Future
- By: Joseph E. Stiglitz
- Narrated by: Paul Boehmer
- Length: 13 hrs and 4 mins
- Unabridged
-
Overall
-
Performance
-
Story
The top 1 percent of Americans control 40 percent of the nation's wealth. And, as Joseph E. Stiglitz explains, while those at the top enjoy the best health care, education, and benefits of wealth, they fail to realize that "their fate is bound up with how the other 99 percent live." Stiglitz draws on his deep understanding of economics to show that growing inequality is not inevitable. He examines our current state, then teases out its implications for democracy, for monetary and budgetary policy, and for globalization. He closes with a plan for a more just and prosperous future.
-
-
One side is never enough....
- By Michael on 08-08-12
-
Saving Capitalism
- For the Many, Not the Few
- By: Robert B. Reich
- Narrated by: Robert B. Reich
- Length: 8 hrs and 19 mins
- Unabridged
-
Overall
-
Performance
-
Story
In Saving Capitalism, Robert Reich reveals the entrenched cycles of power and influence that have damaged American capitalism, perpetuating a new oligarchy in which the 1 percent get ever richer and the rest - middle and working class alike - lose ever more economic agency, making for the greatest income inequality and wealth disparity since World War II.
-
-
A riveting economics book! Mind. Blown.
- By Nothing really matters on 04-18-16
By: Robert B. Reich
-
Capitalism in America
- A History
- By: Alan Greenspan, Adrian Wooldridge
- Narrated by: Ray Porter
- Length: 16 hrs and 14 mins
- Unabridged
-
Overall
-
Performance
-
Story
From the legendary former Fed Chairman and the acclaimed Economist writer and historian, the full, epic story of America's evolution from a small patchwork of threadbare colonies to the most powerful engine of wealth and innovation the world has ever seen.
-
-
Explains a lot
- By Scott on 02-18-19
By: Alan Greenspan, and others
-
Plunder and Deceit
- By: Mark R. Levin
- Narrated by: Adam Grupper, Mark R. Levin
- Length: 5 hrs and 43 mins
- Unabridged
-
Overall
-
Performance
-
Story
A new Threshold title from number-one New York Times best-selling author Mark Levin.
-
-
Yet Another Great Book in a Line of Great Books
- By David on 08-06-15
By: Mark R. Levin
-
The Politically Incorrect Guide to Economics
- The Politically Incorrect Guides
- By: Thomas J. DiLorenzo
- Narrated by: John McLain
- Length: 7 hrs and 26 mins
- Unabridged
-
Overall
-
Performance
-
Story
Another entry in the best-selling, irreverent, hard-hitting Politically Incorrect Guide series! Economics from a rational, conservative viewpoint—that is, a refreshing look at how money actually works from an author who knows the score, and how the law of economics are frequently broken and derailed by pernicious leftists and virtue signaling progressives.
-
-
information
- By bryan on 02-24-25
-
An Extraordinary Time
- The End of the Postwar Boom and the Return of the Ordinary Economy
- By: Marc Levinson
- Narrated by: James Foster
- Length: 10 hrs and 55 mins
- Unabridged
-
Overall
-
Performance
-
Story
A sweeping reappraisal of the last sixty years of world history, An Extraordinary Time describes how the postwar economic boom dissipated, undermining faith in government, destabilizing the global financial system, and forcing us to come to terms with how tumultuous our economy really is.
-
-
Good review of crucial turning point in history
- By Philo on 11-22-16
By: Marc Levinson
-
Wealth and Poverty
- A New Edition for the Twenty-First Century
- By: George F. Gilder
- Narrated by: Grover Gardner
- Length: 15 hrs and 17 mins
- Unabridged
-
Overall
-
Performance
-
Story
Hailed as "the guide to capitalism", the New York Times best seller Wealth and Poverty is one of the most influential economics books of all time and has sold more than one million copies since its first release. In this modern classic, Gilder affirms the moral superiority of free-market capitalism and explains why supply-side economics is more effective at decreasing poverty than government-regulated markets. Now, in a completely updated edition of Wealth and Poverty, Gilder compares America’s current economic challenges with its past economic problems.
-
-
The Original is a Classic
- By Jake on 11-26-13
By: George F. Gilder
-
Aftershock
- The Next Economy and America’s Future
- By: Robert B. Reich
- Narrated by: Robert Reich
- Length: 4 hrs and 30 mins
- Unabridged
-
Overall
-
Performance
-
Story
The author of 12 acclaimed books, Robert B. Reich is a Chancellor’s Professor of Public Policy at the University of California, Berkeley, and has served in three national administrations. While many blamed Wall Street for the financial meltdown, Aftershock points a finger at a national economy in which wealth is increasingly concentrated at the top - and where a grasping middle class simply does not have the resources to remain viable.
-
-
Very plausible assessment of our economy
- By CAR TOP CAMPER on 10-06-10
By: Robert B. Reich
-
Rollback
- Repealing Big Government Before the Coming Fiscal Collapse
- By: Thomas. E. Woods Jr.
- Narrated by: Johnny Heller
- Length: 7 hrs and 52 mins
- Unabridged
-
Overall
-
Performance
-
Story
In his blockbuster new book Rollback, New York Times best-selling author Thomas E. Woods, Jr., offers the first critical analysis of the 2010 midterm elections and answers the number-one question on conservatives’ minds: How do we roll back the liberal policies and big government programs that Obama/Pelosi/Reid rushed through Congress before the midterms?
-
-
A Must Listen (or Must Read)
- By robert on 02-15-11
-
The Third Pillar
- How Markets and the State Leave the Community Behind
- By: Raghuram Rajan
- Narrated by: Jason Culp, Raghuram Rajan
- Length: 19 hrs and 2 mins
- Unabridged
-
Overall
-
Performance
-
Story
From one of the most important economic thinkers of our time, a brilliant and far-seeing analysis of the current populist backlash against globalization.
-
-
Unrealistic, insipid
- By Amaze on 05-17-19
By: Raghuram Rajan
-
The Great Divide
- Unequal Societies and What We Can Do About Them
- By: Joseph E. Stiglitz
- Narrated by: Kevin Pariseau
- Length: 14 hrs and 41 mins
- Unabridged
-
Overall
-
Performance
-
Story
In The Great Divide, Joseph E. Stiglitz expands on the diagnosis he offered in his best-selling book The Price of Inequality and suggests ways to counter America's growing problem. With his signature blend of clarity and passion, Stiglitz argues that inequality is a choice - the cumulative result of unjust policies and misguided priorities.
-
-
Disappointing
- By A. Hill on 11-25-15
-
Can Democracy Survive Global Capitalism?
- By: Robert Kuttner
- Narrated by: Mike Chamberlain
- Length: 14 hrs and 38 mins
- Unabridged
-
Overall
-
Performance
-
Story
Before and after World War II, a serendipitous confluence of events created a healthy balance between the market and the polity - between the engine of capitalism and the egalitarian ideals of democracy. A global financial system was devised explicitly to allow nations to manage capitalism. Yet this golden era turned out to be lightning in a bottle. From the 1970s on, a power shift occurred, in which financial regulations were rolled back, taxes were cut, inequality worsened, and disheartened voters turned to far-right faux populism. Can democracy find a way to survive?
-
-
The same old stuff, without nuance
- By Kit. Webster on 07-17-18
By: Robert Kuttner