| Searching for an alternative program, Roosevelt embraced the ideas of advisers who believed that the fundamental problem of the Great Depression was underconsumption. |
| When the second world war was coming to an end, Alvin Hansen forwarded the stagnation thesis, and underconsumption theories were floating around. |
| Such high prices attract imports from overseas, and encourage overproduction and underconsumption at home. |
| This is one way of resolving the seeming paradox in Malthus's work between warnings of over-population and a fear of underconsumption. |
| Some analysts think these measures are already starting to alleviate underconsumption. |
| Like the administration, Chase thought much about the twin evils of overproduction and underconsumption. |
