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It is impossible to study the notions to which the mercantilists were led by their actual experiences, without perceiving that there has been a chronic tendency throughout human history for the propensity to save to be stronger than the inducement to invest. The weakness of the inducement to invest has been at all times the key to the economic problem.
—
The General Theory of Employment, interest and Money
(book)
by J. M. Keynes
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| Language: | English |
| Submitted by: | spondulix |
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