Goldilocks economy

Goldilocks economy

A Goldilocks economy is a not too hot or cold economy, sustaining moderate economic growth and a low inflation allowing for a market friendly monetary policy. The name comes from the children's story "The Three Bears". The first use of this phrase is credited to David Shulman of Salomon Brothers who wrote "The Goldilocks Economy: Keeping the Bears at Bay" in March 1992.Fact|date=June 2007. The phrase is often mentioned by Larry Kudlow on his CNBC show.

It is the opposite of what Legal & General have dubbed sogflation.

External links

* [http://www.commondreams.org/views01/0305-05.htm Example usage]


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