Upload

Loading icon Loading...

This video is unavailable.

The Paradox of Thrift - 60 Second Adventures in Economics (2/6)

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to like ouLearn on YouTube's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to dislike ouLearn on YouTube's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to add ouLearn on YouTube's video to your playlist.

Published on Sep 5, 2012

Free learning from The Open University http://www.open.edu/openlearn/money-m...

---

The Paradox of Thrift suggests that while it may be wise for an individual to save money when income is low and job prospects are precarious, it could be collectively disastrous if everyone is thrifty together.

(Part 2 of 6)
Playlist link - http://www.youtube.com/playlist?list=...

---

Study economics with the OU http://www3.open.ac.uk/study/undergra...

---

  • Category

  • License

    Standard YouTube License

Loading icon Loading...

Loading icon Loading...

Loading icon Loading...

The interactive transcript could not be loaded.

Loading icon Loading...

Loading icon Loading...

Ratings have been disabled for this video.
Rating is available when the video has been rented.
This feature is not available right now. Please try again later.

Loading icon Loading...

Suggestions

Loading...
Working...
Sign in to add this to Watch Later

Add to