In Cheap We Trust
The Story of a Misunderstood American Virtue
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Narrated by:
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Marguerite Gavin
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By:
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Lauren Weber
About this listen
Cheap. Cheap suit. Cheap date. Cheap shot. It's a dirty word, an epithet laden with negative meanings. It is also the story of Lauren Weber's life. As a child, she resented her father for keeping the heat at 50 degrees through the frigid New England winters and rarely using his car's turn signals - to keep them from burning out. But as an adult, when she found herself walking 30 blocks to save $2 on subway fare, she realized she had turned into him.
In this lively treatise on the virtues of being cheap, Weber explores provocative questions about Americans' conflicted relationship with consumption and frugality. Why do we ridicule people who save money? Where's the boundary between thrift and miserliness? Is thrift a virtue or a vice during a recession? And was it common sense or obsessive-compulsive disorder that made her father ration the family's toilet paper?
In answering these questions, In Cheap We Trust offers a colorful ride through the history of frugality in the United States. Readers will learn the stories behind Ben Franklin and his famous maxims, Hetty Green (named "the world's greatest miser" by the Guinness Book of Records), and the stereotyping of Jewish and Chinese immigrants as cheap.
Weber also explores contemporary expressions and dilemmas of thrift. From dumpster-diving to economist John Maynard Keynes's "Paradox of Thrift" to today's recession-driven enthusiasm for frugal living, In Cheap We Trust teases out the meanings of cheapness and examines the wisdom and pleasures of not spending every last penny.
©2009 Lauren Weber (P)2010 Gildan Media CorpListeners also enjoyed...
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Story
The history of the United States is, to a remarkable degree, the story of its entrepreneurs, those daring movers and shakers who dreamed big and risked everything to build better lives for themselves, and their fellow Americans. In American Entrepreneur, Duck Commander CEO and star of the blockbuster Duck Dynasty series Willie tells the captivating true tale of the visionaries and doers who have embodied the American Dream.
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Should have been narrated by Willie
- By Tyler smoke on 12-05-18
By: Willie Robertson, and others
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Hershey
- Milton S. Hershey's Extraordinary Life of Wealth, Empire, and Utopian Dreams
- By: Michael D'Antonio
- Narrated by: Jonathan Yen
- Length: 13 hrs and 34 mins
- Unabridged
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In this compelling biography, Pulitzer Prize-winning journalist Michael D'Antonio gives us the real-life rags-to-riches story of Milton S. Hershey, a largely uneducated businessman whose idealistic sense of purpose created an immense financial empire, a town, and a legacy that lasts to this day.
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The Benchmark for Chartiable, Rich Men
- By Boyd Tschaggeny on 01-30-19
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Bending Adversity
- Japan and the Art of Survival
- By: David Pilling
- Narrated by: Tim Andes Pabon
- Length: 14 hrs and 49 mins
- Unabridged
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In Bending Adversity, Financial Times Asia editor David Pilling presents a fresh vision of Japan, drawing on his own deep experience, as well as observations from a cross section of Japanese citizenry, including novelist Haruki Murakami, former prime minister Junichiro Koizumi, industrialists and bankers, activists and artists, teenagers and octogenarians. Through their voices, Pilling captures the dynamism and diversity of contemporary Japan.
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Good book, but terribly read
- By Kallan Resnick on 10-24-14
By: David Pilling
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Plutocrats
- The Rise of the New Global Super-Rich and the Fall of Everyone Else
- By: Chrystia Freeland
- Narrated by: Allyson Ryan
- Length: 11 hrs and 38 mins
- Unabridged
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There has always been some gap between rich and poor in this country, but in the last few decades what it means to be rich has changed dramatically. Alarmingly, the greatest income gap is not between the 1 percent and the 99 percent, but within the wealthiest 1 percent of our nation-as the merely wealthy are left behind by the rapidly expanding fortunes of the new global super-rich. Forget the 1 percent; Plutocrats proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at break-neck speed.
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Good Storytelling but ... analysis is "eh'
- By Susan on 11-04-12
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The Age of Acquiescence
- The Life and Death of American Resistance to Organized Wealth and Power
- By: Steve Fraser
- Narrated by: Pete Larkin
- Length: 16 hrs and 30 mins
- Unabridged
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From the American Revolution through the Civil Rights movement, Americans have long mobilized against political, social, and economic privilege. Hierarchies based on inheritance, wealth, and political preferment were treated as obnoxious and a threat to democracy. Mass movements envisioned a new world supplanting dog-eat-dog capitalism. But over the last half-century that political will and cultural imagination have vanished. Why? The Age of Acquiescence seeks to solve that mystery.
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Excellent
- By Brad on 05-03-15
By: Steve Fraser
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The Capitalist Code
- It Can Save Your Life and Make You Very Rich
- By: Ben Stein
- Narrated by: Blake Swihart
- Length: 2 hrs and 12 mins
- Unabridged
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Most Americans have not inherited wealth or a successful business that can set them up for life. That means most Americans are destined to live with financial worries and concerns for the rest of their lives, right? Wrong! With his entertaining and informative style, New York Times best-selling author, actor, and financial pundit Ben Stein refutes the current notion that the corporate system is rigged against ordinary citizens and explains how corporate stock ownership is the best system ever devised.
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underwhelming narration
- By Brandon Crow on 10-27-17
By: Ben Stein
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After America
- Get Ready for Armageddon
- By: Mark Steyn
- Narrated by: Mark Steyn
- Length: 13 hrs and 3 mins
- Unabridged
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In his giant New York Times best seller, America Alone: The End of the World as We Know It, Mark Steyn predicted collapse for the rest of the Western World. Now, he adds, America has caught up with Europe on the great rush to self-destruction. What will a world without American leadership look like? It won’t be pretty—not for you and not for your children. America’s decline won’t be gradual, like an aging Europe sipping espresso at a café until extinction. No, America’s decline will be a wrenching affair marked by violence and possibly secession.
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Facts
- By Peter on 11-11-11
By: Mark Steyn
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Taking on the Trust
- The Epic Battle of Ida Tarbell and John D. Rockefeller
- By: Steve Weinberg
- Narrated by: Pam Ward
- Length: 11 hrs and 56 mins
- Unabridged
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Long before the rise of mega-corporations like Wal-Mart and Microsoft, Standard Oil controlled the oil industry with a monopolistic force unprecedented in American business history. Undaunted by the ruthless power of its owner, John D. Rockefeller, a fearless and ambitious reporter named Ida Minerva Tarbell confronted the company known simply as "The Trust".
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Annoying Narrator
- By Nate on 04-03-15
By: Steve Weinberg
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Capitalism in America
- A History
- By: Alan Greenspan, Adrian Wooldridge
- Narrated by: Ray Porter
- Length: 16 hrs and 14 mins
- Unabridged
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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.
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Explains a lot
- By Scott on 02-18-19
By: Alan Greenspan, and others
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The Forgotten Man
- By: Amity Shlaes
- Narrated by: Terence Aselford
- Length: 14 hrs and 34 mins
- Unabridged
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It's difficult today to imagine how America survived the Great Depression. Only through the stories of the common people who struggled during that era can we really understand how the nation endured. In The Forgotten Man, Amity Shlaes offers a striking reinterpretation of the Great Depression. Rejecting the old emphasis on the New Deal, she turns to the neglected and moving stories of individual Americans, and shows how they helped establish the steadfast character we developed as a nation.
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a story of forgotten times
- By Debb Robinson on 10-11-07
By: Amity Shlaes
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China, Inc.
- By: Ted C. Fishman
- Narrated by: Alan Sklar
- Length: 13 hrs and 38 mins
- Unabridged
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China today is visible everywhere: In the news, in the economic pressures battering America, in the workplace, and in every trip to the store. Provocative, timely, and essential, this dramatic account of China's growing dominance as an industrial super-power by journalist Ted C. Fishman explains how the profound shift in the global economic order has occurred, and why it already affects us all.
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Just read the Amazon reviews befor buying it ...
- By Dan on 08-10-05
By: Ted C. Fishman
What listeners say about In Cheap We Trust
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Sabu
- 04-01-18
Learn how to pronounce "Keynes" and "obsolescence"
Would you recommend this audiobook to a friend? If so, why?
Yes, if they know little about this topic.
What did you like best about this story?
I didn't learn a whole lot since this book doesn't go very deep, but I hadn't known about the black market that sprung up during WWII rationing which would be an interesting topic for a book in and of itself.
How could the performance have been better?
Marguerite Gavin needs to learn how to pronounces "Keynes" (as in John Maynard Keynes) and "obsolescence" (as in planned obsolescence). It makes me cringe each time I hear this woman say "keens" and "obsoleasance". Ugh!!!! Her fake British accent when reading the Keynes' quotation is pretty terrible, too. :-(
Keynes was one of the greatest economists of all time whose ideas dug the United States out of the Great Depression. The pronunciation of his name is common knowledge, as is the pronunciation of the word "obsolescence." I don't understand why Gildan Media neglected to fix these glaring errors.
Did you have an extreme reaction to this book? Did it make you laugh or cry?
The content is just okay, not really a joy but not really a waste since I did learn a couple things.
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- Jeff
- 09-09-12
Not worth your time
This is the only audiobook in my 60 book library that I just couldn't finish.
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- Joshua Kim
- 06-10-12
Trust in Cheap
Perhaps the recession and the breaking of the economic contract between employers and employees has spawned a new sub-genre of anti-consumption. Weber's book is best read as a companion to Shell's, "Cheap: The High Cost of Discount Culture" and Anderson's "Free: The Future of a Radical Price". Weber's main message is that consumerism is a choice, and the consumer industrial complex is a creation and not a given, and that in understanding both the history and psychology of spending we can choose to opt-out. Easier said than done - but learning about individuals and groups who have made this choice in the past makes contemplating voluntary cheapness more appealing.
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1 person found this helpful