Gunnar Myrdal Quote

There is in fact no contradiction at all between the statement of an exact bookkeeping balance ex post and the obvious inference that in a situation when saving is increasing without a corresponding increase of investment, or perhaps with an adverse movement in investment, there must be a tendency ex ante to a disparity.

p. 46 - Monetary Equilibrium, (1939)

There is in fact no contradiction at all between the statement of an exact bookkeeping balance ex post and the obvious inference that in a situation...

There is in fact no contradiction at all between the statement of an exact bookkeeping balance ex post and the obvious inference that in a situation...

There is in fact no contradiction at all between the statement of an exact bookkeeping balance ex post and the obvious inference that in a situation...

There is in fact no contradiction at all between the statement of an exact bookkeeping balance ex post and the obvious inference that in a situation...