Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun economics A not "too hot" or "too cold" economy, sustaining
moderate economic growth and a lowinflation allowing for a market-friendly monetary policy.
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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.
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WORD: Goldilocks economy
RELATED WORDS: Goldilocks planet, Goldilocks zone, Goldilocks problem, Goldilocks principle, Goldilocks market.
EXAMPLE: ' The Goldilocks story is "just right" for scientists explaining their findings of potentially life-sustaining worlds beyond our own, and the allusion has proved to be handy in other fields where some sort of "Goldilocks principle" is necessary to navigate between two extremes . . .
' Outside of astronomy, Goldilocks pops up in engineering, political science and especially economics. In December 1966, The Wall Street Journal quoted a Johnson-administration official as saying, "We're getting very close to a Goldilocks economy right now—not too hot, not too cold, but just right." President Johnson's Council of Economic Advisers tried to fine-tune the economy, but critics mocked its "Goldilocks theory."
' Still, many in today's financial world seek a "Goldilocks market": not too bearish or bullish. Even if outer space has billions of just-right planets, here on Earth that magical balancing act can be difficult to pull off. '
--- BEN ZIMMER. " How Goldilocks Moved to Space and the World of Economists." The Wall Street Journal, Nov. 15, 2013 (Weekend print edition, 11/16-17/2013)
<< http://online.wsj.com/news/articles/SB10001424052702304243904579198083961140464 >>
November 25, 2013