Last Updated:2025/12/02
(economics) A paradox of economics, stating that an increase in autonomous saving leads to a decrease in aggregate demand and thus a decrease in gross output which will in turn lower total saving: narrowly speaking, total saving may fall because of individuals' attempts to increase their saving, and, broadly speaking, increase in saving may be harmful to an economy.
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paradox of thrift
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Source Word
paradox of thrift
Noun
(economics)
A
paradox
of
economics,
stating
that
an
increase
in
autonomous
saving
leads
to
a
decrease
in
aggregate
demand
and
thus
a
decrease
in
gross
output
which
will
in
turn
lower
total
saving:
narrowly
speaking,
total
saving
may
fall
because
of
individuals'
attempts
to
increase
their
saving,
and,
broadly
speaking,
increase
in
saving
may
be
harmful
to
an
economy.
Japanese Meaning
(経済学)節約の逆説:個人が貯蓄を増やそうとすると、総需要が低下し、結果として国内総生産が縮小、全体の貯蓄額も減少する可能性がある現象。 / 個々の貯蓄の増加が、経済全体における需要減少と生産縮小を引き起こし、その結果として総貯蓄が減少するという逆説的な現象。
Sense(1)
(economics)
A
paradox
of
economics,
stating
that
an
increase
in
autonomous
saving
leads
to
a
decrease
in
aggregate
demand
and
thus
a
decrease
in
gross
output
which
will
in
turn
lower
total
saving:
narrowly
speaking,
total
saving
may
fall
because
of
individuals'
attempts
to
increase
their
saving,
and,
broadly
speaking,
increase
in
saving
may
be
harmful
to
an
economy.
( plural )