My parents were born in Vancouver — Dad in 1909, Mom in 1911 — and married during the Great Depression. It was a difficult time that shaped their values and outlook, which they drummed into my sisters and me.
“Save some for tomorrow,” they often scolded. “Share; don’t be greedy.” “Help others when they need it because one day you might need to ask for their help.” “Live within your means.” Their most important was, “You must work hard for the necessities in life, but don’t run after money as if having fancy clothes or big cars make you a better or more important person.” I think of my parents often during the frenzy of pre- and post-Christmas shopping.
Read the “sermon” here.
Sounds like my parents. Good advice!
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“But how can a war-based economy continue in peacetime? One way is to continue hostilities or their threat. The global costs of armaments and defence still dwarf spending for health care and education. Another way to transform a wartime economy to peacetime is consumption. Adam Smith, the father of modern economics, wrote in 1776, “Consumption is the sole end and purpose of all production.””
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