Which eminent economists? You get two of them in a room and you get three different opinions. Here's one economics PHd wielding economist refuting the paradox

Which eminent economists? You get two of them in a room and you get three different opinions. Here's one economics PHd wielding economist refuting the paradox of thrift. http://www.econlib.org/library/Columns/y2009/Murphythrift.html http://www.econlib.org/library/Columns/y2009/Murphythrift.ht... Here's an eminent one refuting it, in case the Nobel prize counts: https://mises.org/library/hayek-paradox-saving https://mises.org/library/hayek-paradox-saving Here's my issue with Keynesians and neo-Keynesians. They have zero concept of capital, it's all about cash flow - spending, saving, debt. They stimulate by printing, temper by taxing, etc. They ignore the effects of such behavior on capital, and end up amplifying the cycles they try to prevent. This ties into monetary policy and deficit spending as well, but that's way too much of a tirade for Hacker News.