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The limits of economic policy

Author

Listed:
  • Luiz Carlos Bresser-Pereira

Abstract

Since World War II the importance of economic policy did not stop increasing.Even conservative economists do not deny its relevance. But its economic and political limitsare very clear, beginning with a basic limit: the principle of rationality. The author discussesthese limits using his personal experience. JEL Classification: H11.

Suggested Citation

  • Luiz Carlos Bresser-Pereira, 1988. "The limits of economic policy," Brazilian Journal of Political Economy, Center of Political Economy, vol. 8(3), pages 339-355.
  • Handle: RePEc:ekm:repojs:v:8:y:1988:i:3:p:339-355:id:1101
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1101/1086
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    More about this item

    Keywords

    Economic policy; role of government;

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government

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