noun
paradox of thrift; paradox of savings
Economic concept where increased individual saving reduces aggregate demand, potentially lowering total savings. Used in macroeconomics.
貯蓄のパラドックスは、個人の合理的な行動が経済全体では逆効果になる例としてよく挙げられる。
The paradox of thrift is often cited as an example where individually rational behavior becomes counterproductive for the economy as a whole.