Why the economy is hard to manage and how this could possibly be dealt with

This paper raises some points about the economy and economic policies, andpresents some possible economic solution, providing the stimulus for economic thought andimportantly action to forestall economic problems. The practicable economic policies suggestedin the paper would to some extent alleviate...

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Detalhes bibliográficos
Autor: Wong, Bertrand
Formato: artículo
Estado:Versión publicada
Fecha de publicación:2023
País:Brasil
Recursos:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:inglés
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/2415
Acesso em linha:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/2415
Access Level:acceso abierto
Palavra-chave:Recessões
inflação
deflação
desemprego
políticas monetárias
Recessions
inflation
deflation
unemployment
monetary policies
Descrição
Resumo:This paper raises some points about the economy and economic policies, andpresents some possible economic solution, providing the stimulus for economic thought andimportantly action to forestall economic problems. The practicable economic policies suggestedin the paper would to some extent alleviate the serious economic problems of inflation,deflation, recessions, and unemployment, though it is also hoped that the suggestedeconomic policies could permanently eliminate these serious economic issues. The successfulimplementation of these economic policies would certainly lead to a better society, possiblywith inclusive and sustainable economic growth, employment, and decent work for all. JEL Classification: D91; E42; E52; E71.