Tag Archives: John Maynard Keynes

Hey Government! You’re Doing it Wrong! [The Invisible Hand – Episode Eight: The Paradox of Thrift]

“… there is a concept in economics called The Paradox of Thrift. It’s the idea that when everyone in an economy saves money, all at the same time, it can actually result in a loss of savings. If no one’s spending, then no one’s earning either.” This was a real “ah ha!” moment for me […]

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