Likely Stagflation, post pandemic economy?

Mr. Friedrick Hayek.
Economist of my interest at this time of pandemic economy.

Mr. Hayek’s economic theory and philosophy could have helped us to escape the stagflation during the 70’s, which might have also helped in Reagan’s economic policies, (as well as fall of communism as a result).

We may need to reflect his ideas more, at this time of economic dilemma, likely facing stagflation with too much supply of money.

Aloha.

Note: Simply, based on Hayek’s economic theory and philosophy, in (likely) tackling stagflation in this pandemic, my prospective administrations may likely need to give more freedom (e.g. tax breaks) to Hawaii corporations, at least until we get thru such (much) economic hardships, as long as we (they) pursue self-sustainable, diversified economy.
Aloha.

About The Author

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