Free learning from The Open University www.open.edu/openlearn/money-management/money/accounting-and-finance/finance/bubbles-and-savings --- 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 - www.youtube.com/playlist?list=PLhQpDGfX5e7DDGEQvLonjDQsbclAF2N-t --- Study economics with the OU www3.open.ac.uk/study/undergraduate/course/social-sciences/economics/index.htm ---