This is one way of resolving the seeming paradox in Malthus's work between warnings of over-population and a fear of underconsumption. |
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Like the administration, Chase thought much about the twin evils of overproduction and underconsumption. |
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Some analysts think these measures are already starting to alleviate underconsumption. |
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And though the overproduction of commodities is an obvious fact, Marx's theory is not a theory of underconsumption. |
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The economic collapse of the 1930s appeared to liberals to validate the earlier concerns about underconsumption, while business saw overproduction as the more serious problem. |
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When the second world war was coming to an end, Alvin Hansen forwarded the stagnation thesis, and underconsumption theories were floating around. |
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This imbalance between output and sales has led to theories that the business cycle is caused by overproduction or underconsumption. |
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The real source of China's underconsumption is the way it manages its economy. |
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And he developed an elaborate theory of crises of overproduction and underconsumption that became the mainstay of the economic theory of his followers. |
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Searching for an alternative program, Roosevelt embraced the ideas of advisers who believed that the fundamental problem of the Great Depression was underconsumption. |
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There is only the problem of underconsumption. Why should there be systematic underconsumption? |
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Such high prices attract imports from overseas, and encourage overproduction and underconsumption at home. |
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Then underconsumption is produced, and the market absorbs less than the factories are delivering to it. |
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If you set the indicator, it is an underconsumption or short receipt. |
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His pioneering theories on the nature of economic crises and the risks of limitless competition, overproduction, and underconsumption influenced such later economists as Karl Marx and John Maynard Keynes. |
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These few lines are essential because here overaccumulation and underconsumption are more than related, they are identified as one single contradictory process. |
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But it is noted simultaneously that for component 2 the decision taken to postpone the installation of a hydrogeological database leads to an underconsumption of the corresponding resource. |
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There was excess saving and underconsumption in major emerging markets, and negative saving, rapid credit expansion, and asset-price booms in many western economies. |
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Despite the linked challenges of rapidly taming excess consumption and ending the privation of underconsumption, there are some signs of positive change. |
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Business cycle theory is used by Keynesians to explain liquidity traps, by which underconsumption occurs, to argue for government intervention with fiscal policy. |
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Simpson criticizes major alternative business-cycle theories such as underconsumption and overproduction, Keynesian business-cycle theory, and real business-cycle theory. |
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