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https://www.wsj.com/articles/when-money-is-no-object-11625839202

 * Back in Business


WHEN MONEY IS NO OBJECT


SURE, USING A CREDIT CARD IS EASY, BUT PAYING WITH INVISIBLE MONEY MAKES SAVING
HARDER AND SPENDING EASIER. PEOPLE BEHAVED DIFFERENTLY WHEN THEY SAVED—AND
SPENT—COLD, HARD CASH.


A grocer at a cash register, circa 1950. Bettmann Archive/Getty Images
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By Jason Zweig

July 9, 2021 10:00 am ET

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Back in Business is an occasional column that puts the present day in
perspective by looking at business history and those who shaped it. Read
previous installments of the column here.

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