Why the Corporate Paradox of Thrift Isn’t Really a Problem
Corporate cost cutting sets the stage for future gains in profitability and productivity, and there is no resulting “paradox of thrift” requiring easy money policies to “fix” the problem.
Original Article: “Why the Corporate Paradox of Thrift Isn’t Really a Problem“
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.