The Well-Tempered Economy (theory)

The Well-Tempered Economy is a concept that emphasizes maintaining a balanced, stable economic system that supports sustainable growth. Inspired by the idea of a well-tuned musical instrument, it suggests that economies should be carefully managed—through policies, investments, and regulations—to avoid extreme booms or busts. This approach promotes steady employment, controlled inflation, and healthy public finances, fostering long-term prosperity. The goal is to create an environment where economic components work harmoniously, allowing society to thrive without destructive volatility or neglect of future stability.