SUMMER SCHOOL 1: Recessions & Rap Battles
Planet Money
00:00
Iman, Youas And That Was It
The paradox of thrift. That is this idea that when lots of people save money during an economic downturn, that can actually harm an economy. And even if it is good for the individuals who are doing the saving, then there is aggregate demand. So i think that you want to use hi in booms and tha cansin in depression. At the end of summer school, there will be a test on line. If you pass the test, you will be eligible for a plan money diploma - but only really real in the sense that you can frame it and put it on your wall.
Transcript
Play full episode
