@article{433381,
      recid = {433381},
      author = {Livingston, James,},
      title = {Against thrift why consumer culture is good for the  economy, the environment, and your soul / [electronic  resource] :},
      publisher = {Basic Books,},
      address = {New York :},
      pages = {1 online resource (xix, 257 p.)},
      year = {2011},
      note = {Description based on print version record.},
      abstract = {"Since the financial meltdown of 2008, economists,  journalists, and politicians have uniformly insisted that  to restore the American Dream and renew economic growth, we  need to save more and spend less. In his provocative new  book, historian James Livingston-author of the classic  Origins of the Federal Reserve System-breaks from the  consensus to argue that underconsumption caused the current  crisis and will prolong it. By viewing the Great Recession  through the prism of the Great Depression, Livingston  proves that private investment is not the engine of growth  we assume it to be. Tax cuts for business are therefore a  recipe for disaster. If our goal is to reproduce the  economic growth of the postwar era, we need a  redistribution of income that reduces corporate profits,  raises wages, and promotes consumer spending"--},
      url = {http://library.usi.edu/record/433381},
}