Prime Economics. The goal of economists and their profession is to promote the general welfare of the community. Sound and active fiscal and monetary policies are essential for promoting general welfare and stability economic, environmental, and social through investment, full employment, and broadly based economic activity. A sound and active fiscal policy 1. Does not seek a continuously balanced overall public budget. Compensates for inadequate or excessive private sector demand by a countercyclical management of current expenditure to maintain the economy near full potential. Expands the role of automatic stabilizers including support for the unemployed and a counter cyclical tax structure. Incorporates public investment to increase the potential growth rate and crowd in private investment in areas of priority. Addresses the challenges of climate change and environmental protection, in particular the need to prepare for the post carbon society. Greenspan Brexit Tip Of Ice BurgerIn the runup to the referendum on 23 June 2016, were looking at how Brexit could affect positively or negatively. Legal Notices Stansberry Research LLC Stansberry Research is a publishing company and the indicators, strategies, reports, articles and all other features of our. Alan Greenspan, the former chairman of the US Federal Reserve whose lowinterest policies some say helped inflate the dotcom and mortgage bubbles of. Forget Brexit Heres the single most important decision for the world economy. Quantitative easing QE, also known as large scale assets purchases, is an expansionary monetary policy whereby a central bank buys predetermined amounts of. Brexit has reached British Parliament. The first pieces of Brexits legislation hit the agenda. The spectacle promises to be entertaining. Best And Fairest Software Companies on this page. Read on for more.