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Wait, Is Saving Good or Bad? The Paradox of Thrift by E. Katarina Vermann https://research.stlouisfed.org/publications/page1-econ/2012/05/01/wait-is-saving-good-or-bad-the-paradox-of-thrift/ The Paradox of Thrift by Justin Fox https://eds-p-ebscohost-com.ezproxy.umgc.edu/eds/detail/detail?vid=0&sid=37140c30-b743-4d4e-82bd-5dcdc6ae1906%40redis&bdata=JnNpdGU9ZWRzLWxpdmUmc2NvcGU9c2l0ZQ%3d%3d#AN=36549436&db=heh The Paradox

  • Wait, Is Saving Good or Bad? The Paradox of Thrift by E. Katarina Vermann https://research.stlouisfed.org/publications/page1-econ/2012/05/01/wait-is-saving-good-or-bad-the-paradox-of-thrift/
  • The Paradox of Thrift by Justin Fox https://eds-p-ebscohost-com.ezproxy.umgc.edu/eds/detail/detail?vid=0&sid=37140c30-b743-4d4e-82bd-5dcdc6ae1906%40redis&bdata=JnNpdGU9ZWRzLWxpdmUmc2NvcGU9c2l0ZQ%3d%3d#AN=36549436&db=heh
  • The Paradox of Thrift by Kenneth Davidson https://eds-p-ebscohost-com.ezproxy.umgc.edu/eds/detail/detail?vid=0&sid=2756bf64-e8aa-4b63-928a-17793b4d5682%40redis&bdata=JnNpdGU9ZWRzLWxpdmUmc2NvcGU9c2l0ZQ%3d%3d#AN=71726515&db=poh
  • Was Keynes Wrong About Saving? by Colin Twiggs https://web-p-ebscohost-com.ezproxy.umgc.edu/ehost/detail/detail?vid=0&sid=9d7760d0-1751-40f9-9953-369be1e5c137%40redis&bdata=JnNpdGU9ZWhvc3QtbGl2ZSZzY29wZT1zaXRl#AN=73832793&db=bth

  1. What is the paradox of thrift? Is it real? Is saving good or bad?
  2. Give an example of the paradox of thrift.
  3. What is the reverse paradox of thrift?
  4. Reflection: the students should also include a paragraph in the initial response in their own words, using macroeconomic terminology, reflecting on what they learned from the assignment and how they think they could apply what they learned in the workplace or everyday life.

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