Daily Archives: August 1, 2012

A Brief Note on the “Paradox of Thrift (Savings)”

A succinct explanation of the paradox of thrift (savings): “The paradox of thrift (or paradox of saving) is a paradox of economics, popularized by John Maynard Keynes, though it had been stated as early as 1714 in The Fable of … Continue reading

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