The Wisdom of Frugality: Why Less Is More - More or Less

Why philosophers have advocated simple living for 2,500 years—and why we ignore them at our peril

From Socrates to Thoreau, most philosophers, moralists, and religious leaders have seen frugality as a virtue and have associated simple living with wisdom, integrity, and happiness. But why? And are they right? Is a taste for luxury fundamentally misguided? If one has the means to be a spendthrift, is it foolish or reprehensible to be extravagant?

In this book, Emrys Westacott examines why, for ...