English Dictionary

paradox of thrift

名詞

(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.

日本語の意味

（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。

The paradox of thrift suggests that when households collectively try to save more, overall demand falls and the economy may shrink.

貯蓄の逆説は、家計が一斉に貯蓄を増やそうとすると、総需要が減少して経済が縮小する可能性があることを示している。

意味（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.

The worse things get, meanwhile, the greater the tendency even for those who still feel secure in their jobs to hoard their cash for fear of what lies around the corner. This is the so-called paradox of thrift: that in a recession, people instinctively try to save their money instead of spending it, and thus inadvertently make things worse.

paradoxes of thrift （ plural ）