Chris Farrell has spent much of his life helping us make the most of our money.His latest book, The New Frugality: How to Consume Less, Save More, and Live Better, links the new era of frugality with the broader sustainability movement. This New Frugality is not about being cheap; it’s about being smart. Farrell shows how putting core values at the center of investment and spending decisions means fewer purchases, but more satisfying ones. That’s good for planet, and good for your bank balance as well.
Deflation: What Happens When Prices Fall, is a highly engaging explanation of a phenomenon that strikes fear in the heart of economists everywhere. But Farrell argues that the global economy has ushered in an era in which some deflation should be both expected and welcomed by consumers, economists and policy makers alike. “A highly readable and insightful work…clear exposition of a complex topic.”(Library Journal)
In Right on the Money!: Taking Control of Your Personal Finances, Farrell draws on the challenges of real-life families, including his own, to introduce the basics of budgeting, buying a car and paying for college. Farrell avoids the lectures and bromides that are a staple of the genre in favor of a conversation that features a sensible and practical ways to achieve long-term goals.
An award winning journalist, Farrell is economics editor for Marketplace Money, a weekly one-hour personal finance show syndicated nationally on public radio by American Public Media. He is economics correspondent for two other American Public Media programs, the business program Marketplace and the Marketplace Morning Report. He is a regular contributor at Bloomberg Business Week magazine.
Farrell received his undergraduate degree in history from Stanford University. He spent much of the following four years as a merchant seaman, which meant spending six straight months at sea in the engine room of a tanker. The money Farrell saved financed his graduate degree from the London School of Economics.
Farrell, the father of two sons, lives in St. Paul, Minnesota.