Tag Archives: saving
Economic Inequality, Saving and Economic Growth
“It is generally recognized that more saving takes place in communities in which the distribution of wealth is uneven than in those in which it approaches more closely to modern conceptions of what is just.” T.S. Ashton (1948) The Industrial Revolution 1760-1830, p. 7. I came across this quote while reading Ashton’s account of the […]
Does female employment raise or lower savings rates?
When female incomes rise, household expenditure patterns change. One oft-quoted survey paper suggests: men spend more of the income they control for their own consumption than do women. Alcohol, cigarettes, status consumer goods, even "female companionship" are noted in these studies. Another well known paper found that a UK policy change that transferred resources from […]
Worthwhile Canadian Initiative 
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