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WWW.samefacts.com - 11/26/2008
Stimulus, Consumption, and Charity
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Macroeconomics does funny things to morality. In a recession, saving your pennies harms the economy. Many these days quote Keynes' "paradox of thrift," and rightly so. Each of us, by virtuously delaying gratification, harms the economy as a whole. We'd all do better if we collectively acted ...
Op-Ed Contributor: Dying of Consumption
nytimes.com - 11/28/2008
Op-Ed Contributor: Dying of Consumption
— nytimes.com — There is a deeper, potentially positive, meaning to the decline in consumer spending: Americans are now moving... back to more prudent income-based lifestyles. > (more) Op-Ed Contributor: Dying of Consumption
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Political Animal:  Hunger

Obsidian Wings:  Hunger

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Hunger
Political Animal — ... adequate diet. Participants apply locally to receive an electronic card that is used like an ATM card to buy food at most grocery stores and some farmers markets. The maximum benefit for a household of four is $588 a month." This might be a good time to point out that charities of all kinds, including food banks, typically get hammered during recessions, since people have less money to give. And, of course, during recessions, they are needed more than ever. And, as Andrew Sabl pointed out a few days ago, charity isn't just good for your soul and good for other people, it's ...

Hunger
Obsidian Wings — ... And, as Andrew Sabl pointed out a few days ago, charity isn't just good for your soul and good for other people, it's good for the economy: ...

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