Paradox of Thrift

Paradox of Thrift

Release Date:  //
Country of Release: 
Length: 
MPAA: 
Medium:  Paradox
Genre: 
Release Message:  If everyone saves more money during times of recession, then aggregate demand will fall and will in turn lower total savings in the population. Conceived by John Maynard Keynes.
Description:  If everyone saves more money during times of recession, then aggregate demand will fall and will in turn lower total savings in the population.