That economists may have the courage to reject any economy of exclusion and know how to open new paths.
On TV and on the internet, we see daily headlines about the economy. “The Dow Jones reached another new high,” or “the economy sputtered again today.” I often feel confused and overwhelmed by these stories. What is the economy? Who is in charge? Am I powerless to change it? It can seem that the economy is a sort of giant dragon that needs to be fed—tax, regulations, innovations, new markets, and more. When it is fed, it’s happy, and grows fatter. If it isn’t, then it breathes fire, wipes out a few thousand jobs, and demands more food for tomorrow. Is this how the economy really works? Is this how it has to work?
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