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Full-Text Articles in International Economics
The Economic Ferocity Of Policy, Giana Depaul
The Economic Ferocity Of Policy, Giana Depaul
Helm's School of Government Conference - 2021-2024
Each day, as the Dow Jones rises and falls, Congress similarly passes and fails legislation. These two seemingly continuous cycles intersect to the point that the two structures appear affixed. For centuries, this has posed an age-old question: is it policy that influences the economic system or is it the economic system itself that molds policy decision-making? Renowned economist Adam Smith is famous for his works detailing the autonomous nature of the economic system. Smith views policy as only a small roadblock in the master strategy of the economic flow of life. The Great Depression and the 2008 Recession, however, …