Description

Book Synopsis
In The Limits of Choice, Sahra Wagenknecht examines household saving decisions and basic needs in Germany and the United States, based on official data from both countries from the 1950s to present day. Arguing against the hypothesis that assumes consumers optimize their consumption intertemporally based exclusively on their permanent or lifetime income, Wagenknecht proposes a rule of thumb according to which consumers will save if their current income exceeds basic expenditure, while they will demand credit when income can no longer meet basic needs.

The Limits of Choice: Saving Decisions and Basic

    Product form

    A Paperback / softback by Sahra Wagenknecht

    £51.87

    Includes FREE delivery

    Order before 4pm today for delivery by Wed 16 Sep 2026.

    10 in stock

      Trusted by thousands of customers. See 2,385+ Customer Reviews

      View other formats and editions of The Limits of Choice: Saving Decisions and Basic by Sahra Wagenknecht

      Book details

      Publisher Campus Verlag
      Published 3 December 2013
      ISBN-13 9783593399164
      978-3593399164
      ISBN-10 3593399164
      Also in:
      Macroeconomics Political economy

      Description

      Book Synopsis
      In The Limits of Choice, Sahra Wagenknecht examines household saving decisions and basic needs in Germany and the United States, based on official data from both countries from the 1950s to present day. Arguing against the hypothesis that assumes consumers optimize their consumption intertemporally based exclusively on their permanent or lifetime income, Wagenknecht proposes a rule of thumb according to which consumers will save if their current income exceeds basic expenditure, while they will demand credit when income can no longer meet basic needs.

      Recently viewed products

      © 2026 Book Curl

        • American Express
        • Apple Pay
        • Diners Club
        • Discover
        • Google Pay
        • Maestro
        • Mastercard
        • PayPal
        • Shop Pay
        • Union Pay
        • Visa

        Login

        Forgot your password?

        Don't have an account yet?
        Create account