Definitions from Wiktionary (paradox of thrift)
▸ noun: (economics) A paradox of economics, in which an increase in autonomous saving leads to a decrease in aggregate demand and thus a decrease in gross output which will in turn lower total saving.
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▸ noun: (economics) A paradox of economics, in which an increase in autonomous saving leads to a decrease in aggregate demand and thus a decrease in gross output which will in turn lower total saving.
Similar:
Tullock paradox,
consumerism,
Ellsberg paradox,
autarky,
invisible hand,
poverty trap,
trickle down hypothesis,
trickle-down hypothesis,
Veblen effect,
counter-economics,
more...
▸ Words similar to paradox of thrift
▸ Usage examples for paradox of thrift
▸ Idioms related to paradox of thrift
▸ Wikipedia articles (New!)
▸ Words that often appear near paradox of thrift
▸ Rhymes of paradox of thrift
▸ Invented words related to paradox of thrift