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This blog post originally appeared on RealMoney Silver on March 5 at 8:17 a.m. EST.
An important role in public policy is to manage a downturn. But what about the private sector? Does it have, or should it have, a more important role or obligation?
In his magnum opus, The General Theory of Employment, Interest and Money, John Maynard Keynes wrote about the "Paradox of Thrift," also called the "Paradox of Savings." ...
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