Posted inEconomic Policy

Saving Disgrace? More on Savings

F red Block and Robert Heilbroner, in “The Myth of a Savings Shortage” (TAP, Spring 1992), want to persuade us that, contrary to the conventional wisdom, there is no scarcity of savings in the U.S. economy today. They say that the present national savings rate is as high as ever; that it plays no depressing […]

Posted inEconomic Policy

Saving Disgrace? More on Savings

F red Block and Robert Heilbroner, in “The Myth of a Savings Shortage” (TAP, Spring 1992), want to persuade us that, contrary to the conventional wisdom, there is no scarcity of savings in the U.S. economy today. They say that the present national savings rate is as high as ever; that it plays no depressing […]

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