Economy via economic policy are ultimately destabilizing

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Reference no: EM132116207

The author states, “Active attempts to stabilize the economy via economic policy are ultimately destabilizing. Market forces work better to direct resources to their best available uses than can any attempt to fine-tune the economy, using either fiscal or monetary policy.” Based on this quote from page 136, how should you as an individual or company monitor market forces and when is a policy necessary?

Reference no: EM132116207

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