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First published in 1920, this influential work challenges the traditional economic idea that saving leads to economic growth. Robertson argues that in modern times, saving can actually result in lower investment, reduced production, and ultimately, economic decline. Despite its age, this book remains relevant today and is required reading for anyone interested in economics and public policy.
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The Fallacy of Saving: A Study in Economics, John Mackinnon Robertson
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- Année de publication
- 2023
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