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

Abstract

ABSTRACT This paper raises some points about the economy and economic policies, and presents some possible economic solution, providing the stimulus for economic thought and importantly action to forestall economic problems. The practicable economic policies suggested in the paper would to some extent alleviate the serious economic problems of inflation, deflation, recessions, and unemployment, though it is also hoped that the suggested economic policies could permanently eliminate these serious economic issues. The successful implementation of these economic policies would certainly lead to a better society, possibly with inclusive and sustainable economic growth, employment, and decent work for all.