The Paradox of Thrift - 60 Second Adventures in Economics (2/6)
September 5, 2012
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1:22Now PlayingThe Paradox of Thrift - 60 Second Adventures in Economics (2/6)
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as posted by the channelThe Paradox of Thrift suggests that while it may be wise for an individual to save money when income is low and job prospects are precarious, it could be collectively disastrous if everyone is thrifty together.
(Part 2 of 6)
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