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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Bibliographic Details
Author: Wong, Bertrand
Format: Article
Status:Published version
Publication date:2023
Country:Brasil
Institution:EDITORA_34
Repository:Revista de Economia Política
Language:English
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/2415
Online Access:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/2415
Access Level:Open access
Keyword:Recessões
inflação
deflação
desemprego
políticas monetárias
Recessions
inflation
deflation
unemployment
monetary policies
Description
Summary: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.