Cheerful Money: Me, My Family, and the Last Days of WASP Splendor by Tad Friend

Friend's beautifully written book offers a convincing argument for why WASP culture collapsed in the mid-1960s.

(Little, Brown, 353 pages, $24.99)

One way Tad Friend recognized that he was a WASP was that the term’s imprecision bothered him, but he was “too cheap to spring for another acronym.” He also had a sparsely provisioned fridge, an abhorrence of public displays of ineptitude, and a “concise and

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