Psychological Notes on the Motives for Thrift

  title={Psychological Notes on the Motives for Thrift},
  author={Edward Lee Thorndike},
  journal={The ANNALS of the American Academy of Political and Social Science},
  pages={212 - 218}
  • E. Thorndike
  • Published 1 January 1920
  • Psychology
  • The ANNALS of the American Academy of Political and Social Science
A COMPLETE inventory of the motives for thrift and appraisal of each from the point of view of the common good would require thought and investigation by many men for many years. It would presuppose adequate study of the actual working of scores of agencies such as savings banks, building loan societies, installment-plan selling, deferred salary bonuses, and the like; and indeed of all forms of delayed versus immediate use of purchasing power. In default of such adequate information, principles… 
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