The Invisible Hand
Aug 29, 2012 - 00:01:22
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The Paradox of Thrift
The 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.
About This Episode
The Paradox of Thrift is an episode from 60-Second Adventures in Economics - for iPad/Mac/PC. The 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 c...
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This episode belongs to 60-Second Adventures in Economics - for iPad/Mac/PC.
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Episode Details
Published Aug 29, 2012, 00:01:22 long, audio available.
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