Definition of "malinvestment" [malinvestment]

• An incorrect or unwise investment (noun)

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• "Capital that was consumed or malinvestment is destroyed."
• "Even idle resources can be misallocated - what Hayek and his teacher Ludwig von Mises called "malinvestment" - if invested in activities that don't produce the goods and services the economy needs."
• "The depression was not caused by over investment; manipulation of the money supply led to malinvestment, which is a very different thing."