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The final sentence "The paradox assumes, incorrectly, that people will spend when they feel wealthy, based on the wealth effect, but not when they are actually more wealthy." makes too strong an assertion about the incorrectness of the paradox's assumption, from my reading of this article and
Paradox of thrift. Indeed, two paragraphs prior to that is a suggestion that the wealth effect is not supported by evidence. I will remove 'incorrectly', leaving it noted that it is an assumption.
Mrow84 (
talk) 13:22, 16 November 2013 (UTC)reply
This article is within the scope of WikiProject Business, a collaborative effort to improve the coverage of
business articles on Wikipedia. If you would like to participate, please visit the project page, where you can join
the discussion and see a list of open tasks.BusinessWikipedia:WikiProject BusinessTemplate:WikiProject BusinessWikiProject Business articles
This article is within the scope of WikiProject Economics, a collaborative effort to improve the coverage of
Economics on Wikipedia. If you would like to participate, please visit the project page, where you can join
the discussion and see a list of open tasks.EconomicsWikipedia:WikiProject EconomicsTemplate:WikiProject EconomicsEconomics articles
This article is within the scope of WikiProject Psychology, a collaborative effort to improve the coverage of
Psychology on Wikipedia. If you would like to participate, please visit the project page, where you can join
the discussion and see a list of open tasks.PsychologyWikipedia:WikiProject PsychologyTemplate:WikiProject Psychologypsychology articles
The final sentence "The paradox assumes, incorrectly, that people will spend when they feel wealthy, based on the wealth effect, but not when they are actually more wealthy." makes too strong an assertion about the incorrectness of the paradox's assumption, from my reading of this article and
Paradox of thrift. Indeed, two paragraphs prior to that is a suggestion that the wealth effect is not supported by evidence. I will remove 'incorrectly', leaving it noted that it is an assumption.
Mrow84 (
talk) 13:22, 16 November 2013 (UTC)reply
