Statements (17)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:appliesTo |
macroeconomics
|
gptkbp:category |
gptkb:paradox
economic paradox |
gptkbp:describedBy |
gptkb:John_Maynard_Keynes
|
gptkbp:describes |
relationship between saving and aggregate demand
|
gptkbp:explains |
why individual saving may not benefit the economy as a whole
|
gptkbp:firstAppearance |
gptkb:The_General_Theory_of_Employment,_Interest_and_Money
|
https://www.w3.org/2000/01/rdf-schema#label |
paradox of thrift
|
gptkbp:opposedBy |
classical economics view on saving
|
gptkbp:relatedTo |
gptkb:paradox_of_deleveraging
gptkb:paradox_of_toil gptkb:Keynesian_economics |
gptkbp:state |
increased saving can reduce total output
increased saving can lead to decreased aggregate demand |
gptkbp:bfsParent |
gptkb:Keynesian_economics
|
gptkbp:bfsLayer |
5
|