5min chapter

Planet Money cover image

SUMMER SCHOOL 1: Recessions & Rap Battles

Planet Money

CHAPTER

Canes' Para Os of Toughness

LZ Granderson: Canes en thinks the government should intervene in the economy when it hits a rough patch. He says if people are worried about the economy, they will panic and stop buying as much stuff. LZ: If you think that things aren't going to go well, and so therefore you need to save? That's the paradox of thrift. In the long run, we're all dead. Savings is destruction. Get it straight out of your head."

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