And if everyone thought this way then society would be a lot better about preserving and growing what we have.
The Paradox of Thrift says that the economy would actually shrink if everyone saved to such an extent, and people would have less overall with time. Even Hayek remarked that individuals can save, not an entire country.
The Paradox of Thrift says that the economy would actually shrink if everyone saved to such an extent, and people would have less overall with time. Even Hayek remarked that individuals can save, not an entire country.