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Showing 11 - 15 of 15 results for "Paradox of Thrift"

A penny saved could spark a recession

BENJAMIN ONG  |  WEDNESDAY, 17 AUG 2011
... surprised? This sort of numbers proves what I've been typing on my keyboard all along - JMK's (John Maynard Keynes) "Paradox of Thrift". He explained how it would be disastrous for an economy if most of its consumers decide to save instead of spend - ...

Lost GPS

BENJAMIN ONG  |  MONDAY, 15 AUG 2011
... all, there's now this worldwide antipathy towards debt and deficits. When John Maynard Keynes put forth the "paradox of thrift" back in 1800s, he explained how it would be disastrous for an economy if most of its consumers decide to save instead of spend ...

Paradox of thrift

BENJAMIN ONG  |  THURSDAY, 8 APR 2010
... the reasons to sell last night? The answer, my friend, lies in John Maynard Keynes' "Savings Paradox" or the "Paradox of Thrift". Long gone Johnny explained how this is not good for the economy many, many moons ago. The paradox states that during times ...

Black or white - just beat it

BENJAMIN ONG  |  MONDAY, 29 JUN 2009
... Street is willing Americans to spend and ditch savings. The answer. We are living under what JM Keynes the 'Paradox of Thrift'. Simply stated, if every person increases their savings in times of recession, aggregate demand will fall, company sales and ...

Savings paradox

BENJAMIN ONG  |  THURSDAY, 12 MAR 2009
... economy overall as it needs money to churn to keep production activity going. In the field, this is known as the 'paradox of thrift' theorised by John Maynard Keynes (for a man who's been dead for more than 60 years, he is getting a lot of coverage these ...
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