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A Theory of Accumulation and Secular Stagnation
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Paperback
from Palgrave Pivot (June 8, 2016)
9781349719846 | details & prices | List price $54.99
About: Aronoff explores and extends Thomas Malthus' idea that if an economically significant group saves a large portion of income it plans never to spend, it will cause a deficiency in demand that prevents a market economy from operating at full employment on a sustainable basis.
About: Aronoff explores and extends Thomas Malthus' idea that if an economically significant group saves a large portion of income it plans never to spend, it will cause a deficiency in demand that prevents a market economy from operating at full employment on a sustainable basis.