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THE FALLACY OF SAVING

A STUDY IN ECONOMICS

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"Let us not confound the statement that human interests are at one with the state.

ment that class interests are at one. The latter I believe to be as false as the
former is true, and, moreover, to be one of those plausible optimist fallacies
against which it especially behoves us in the present day to be on our guard."-

Cairnes

UNIVE:::

07

LONDON

SWAN SONNENSCHEIN & CO.

NEW YORK: CHARLES SCRIBNER'S SONS

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