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paradox of thrift

noun

Definitions

  1. A paradox in which an increase in autonomous saving leads to a decrease in aggregate…

    A paradox in which an increase in autonomous saving leads to a decrease in aggregate demand and thus a decrease in gross output which will in turn lower total saving.

The neighborhood

Vish — recursive loop

No curated loop yet for paradox of thrift. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA