Wednesday, July 13, 2016

Family Economics

In America, a family’s net worth is very much tied to its cultural vision.  A family that is future-oriented scrimps and saves for education and investment, while a family that is present-oriented tends to spend on consumer goods.  It is no accident that the common features of both traditional Judaism and Christianity include a dislike of debt, a scorning of luxury, and a desire to prepare and provide for the future.  This has not only built strong families and eventually large family fortunes, it has also contributed to America’s economic strength.  It is a model worth emulating, regardless of one’s religious persuasion.

Rabbi Daniel Lapin, "America's Real War," pg.223

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