Public debt and Keynes’ paradox of thrift

Created
Fri, 12/05/2023 - 04:25
Updated
Fri, 12/05/2023 - 04:25
For although the amount of his own saving is unlikely to have any significant influence on his own income, the reactions of the amount of his consumption on the incomes of others makes it impossible for all individuals simultaneously to save any given sums. Every such attempt to save more by reducing consumption will so […]

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