Word.ws English Dictionary

paradox of thrift

paradox of thrift noun: a paradox in which 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.

Noun

paradox of thrift (plural paradoxes of thrift)

  1. A paradox in which 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.
    • 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...2020 April 9, Gaby Hinsliff, “We used to moan about normal life, now our fear is we'll never get it back”, in The Guardian

paradox of thrift meaning in Tamil

paradox of thrift in Tamil

சிக்கனத்தின் புதிர், கஞ்சத்தனப் புதிர்

Synonyms of paradox of thrift

Forms of paradox of thrift

pluralparadoxes of thrift

Questions about paradox of thrift

What does paradox of thrift mean?
Paradox of thrift means a paradox in which 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.
What is paradox of thrift in Tamil?
Paradox of thrift in Tamil is சிக்கனத்தின் புதிர், கஞ்சத்தனப் புதிர். See Paradox of thrift meaning in Tamil.
What part of speech is paradox of thrift?
Paradox of thrift is a noun.
What is the plural of paradox of thrift?
The plural of paradox of thrift is paradoxes of thrift.

Words near paradox of thrift in the dictionary

  1. paradosis
  2. paradox
  3. paradox acacia
  4. paradox of fiction
  5. paradox of saving
  6. paradox of thrift
  7. paradox of tolerance
  8. paradox sunflower
  9. paradoxal
  10. paradoxally
  11. paradoxer

Source and license

Adapted from Wiktionary: paradox of thrift (page history and authors); paradox of thrift (Tamil Wiktionary) (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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