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

Bertrand Wong ()

Brazilian Journal of Political Economy, 2023, vol. 43, issue 3, 564-575

Abstract: 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.

Keywords: Recessions; inflation; deflation; unemployment; monetary policies (search for similar items in EconPapers)
Date: 2023
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