Review these resources:

• "The Paradox of Thrift - 60 Second Adventures in Economics (2/6)"https://youtu.be/qrHyDztQlBYLinks to an external site.[1:21]

• Wait, is saving good or bad? The Paradox of Thriftathttps://research.stlouisfed.org/publications/page1-econ/2012/05/01/wait-is-saving-good-or-bad-the-paradox-of-thrift/#:~:text=in%20the%20component.-,Paradox%20of%20thrift%3A%20A%20controversial%20Keynesian%20economics%20theory%2C%20which%20proposes,after%20taxes%20that%20is%20savedLinks to an external site.

Does economics in practice follow theory? Why or why not? How closely?