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Showing 1 - 2 of 2 results for "Mandeville"

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... be as frugal as some of their neighbours. This, I think, is an error." - 'The Fable of the Bees' by Bernard Mandeville A penny saved might be a penny earned... but not if everyone is saving, for there'll be nobody left to do the spending ...

When saving goes bad

BENJAMIN ONG  |  FRIDAY, 28 FEB 2014
... they would be as frugal as some of their neighbours. This, I think, is an error." - 'The Fable of the Bees' by Bernard Mandeville A penny saved might be a penny earned... but not if every one is saving, for there'll be nobody left to do the spending ...
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