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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... Read Full Overview

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... Read Full Overview