Aylin
New member
What is Goldilocks a metaphor for?
A Goldilocks economy is not too hot nor too cold but just right, to steal a line from the popular children's story "Goldilocks and the Three Bears". The term describes an ideal state for an economic system. There's full employment, economic stability, and stable growth in this perfect state.
A Goldilocks economy is not too hot nor too cold but just right, to steal a line from the popular children's story "Goldilocks and the Three Bears". The term describes an ideal state for an economic system. There's full employment, economic stability, and stable growth in this perfect state.