A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.
“In order to improve the mind, we ought less to learn, than to contemplate.”
“If I am confirmed, I will commit to show Heller and the principles articulated in it the full measure of respect that is due to all constitution decisions of the court.”