abstract:The Levy Economics Institute of Bard College is located on the campus of Bard College, in Annandale-on-Hudson, New York. The institute is housed in Blithewood, a mansion originally designed by an alumnus of the architectural firm of McKim, Mead and White for Andrew Zabriskie in 1899.
But at that time, the private sector (households and corporations combined) was saving far more than it is today, according to calculations by the LevyEconomicsInstitute.