Word Pronunciation & Dictionary

paradox of thrift

Word Rarity Rare

Frequency: Zipf frequency 3.20 in modern English

Syllables: para-dox of thrift
IPA

34

Scrabble Score

15

Letters

2

Syllables

10

Unique Chars

Meaning

noun

A paradox in which an increase in autonomous saving leads to a decrease in aggregate demand and thus a decrease in gross output which will in turn lower total saving.

Example Sentences

"The worse things get, meanwhile, the greater the tendency even for those who still feel secure in their jobs to hoard their cash for fear of what lies around the corner. This is the so-called paradox of thrift: that in a recession, people instinctively try to save their money instead of spending it, and thus inadvertently make things worse."

Inflected Forms

paradoxes of thrift (plural)

Synonyms

paradox of saving

Questions

What does paradox of thrift mean?: A paradox in which an increase in autonomous saving leads to a decrease in aggregate demand and thus a decrease in gross output which will in turn lower total saving.

How to pronounce paradox of thrift

Open the pronunciation page — Open the Speakur entry for “paradox of thrift”.
Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
Play the audio — Click Play to hear reference audio for “paradox of thrift”.
Repeat and practice — Say “paradox of thrift” aloud, matching stress and vowels until it feels natural.