Chapter 11

Chapter 11

by Christian Hammond -
Number of replies: 1

The Paradox of Thrift states that even though saving money is good for the individual, if everyone does it society will be worse off.

In reply to Christian Hammond

Re: Chapter 11

by Hudson Stiver -
Right on. This is a great point as to why it is important that people spend money. Although it's important that some people do save, if everyone were that way the economy would crash. It does shine a rather harsh light on the idea of saving though.
Accessibility
Reset All

Background Colour Background Colour

Font Face Font Face

Font Kerning Font Kerning

Font Size Font Size

1

Image Visibility Image Visibility

Letter Spacing Letter Spacing

0

Line Height Line Height

1.2

Link Highlight Link Highlight

Text Colour Text Colour