The following letter was published by April 14 edition of The Economist in its Letters section. Unbelievable SIR – A recent issue of The Economist (March 24th) showed an Orwellian enthusiasm for the prefix “un”. I counted “un-Tory”, “un-Downton”, “un-Italian” and “un-Einsteinian”. How very unimaginative, and how very unEconomist. ADAM DALTON London Funny.
Archive for April 17th, 2012
A trend that is true on an individual level does not necessarily translate into a similar trend on a societal scale. The most famous of all aggregation debates is probably the Keynesian paradox of thrift. Keynesians argue that too much saving by individuals could be unproductive. Too much saving eventually may make everybody poorer because [...]