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Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas

293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity

2365.293 - 2391.288 Doyne Farmer

So they all have different savings rates. They're all adopting different savings rates. And by the way, back to the instability in the economy. If you save too much, the economy doesn't work. You've got to strike the right balance because again, to sell stuff, you've got to have consumers to buy the stuff. And those consumers then have jobs doing something that allows them to sell stuff.

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