Question: Read the articles: Wait, Is Saving Good or Bad? The Paradox of Thriftby E. Katarina Vermann Interest Rates, Aggregate Demand, and the Paradox of Thriftby
Read the articles:
Wait, Is Saving Good or Bad? The Paradox of Thriftby E. Katarina Vermann
Interest Rates, Aggregate Demand, and the Paradox of Thriftby Muddy Water Macro
The Paradox of Thriftby Justin Fox
The Paradox of Thriftby Kenneth Davidson
Was Keynes Wrong About Saving?by Colin Twiggs
In your initial response to the topic you have to answerallquestions.
- What is the paradox of thrift? Is it real? Is Saving Good or Bad?
- Give an example of the paradox of thrift.
- What is thereverse paradox of thrift?
- Reflection - the students also should include a paragraphin the initial responsein their own words, using macroeconomic terminology,reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.
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