Some economists believe that policymakers should not try to stabilise the economy. What is the reason?

Question

Quizplus · Accepted Answer

Some economists argue that trying to stabilize the economy can actually lead to more volatility in the long run because economic conditions are constantly changing and attempting to stabilise can create unintended consequences. They believe that policymakers should focus on creating a stable framework for the economy to operate within and let market forces determine the outcome.

Some Economists Believe That Policymakers Should Not Try to Stabilise