is saving a virtue or an evil

Dear student,

As per classical economists, saving is virtue as individuals/ society should save a large part of their income. 
According to Keynes saving is virtue as per individual point of view but as per society's point of view saving is evil. As per him, with increase in private savings, aggregate savings will fall.
As per modern economists, savings are considered as social vice for developed countries and virtue for underdeveloped countries.


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if saving is evil [sin] and spending is virtue
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