Economics Paper

Describe what you consider to be the “perfect” economy and society. We have studied the social welfare function, schools of thought (classical, kensyian), economics issues, and many economic indicators, we also have many problems and challenges in our society. The basic question: what kind of society and economy could we have that would give us the best possible world? In other words, it would optimize our social welfare function and give us the greatest well-being in our country. This is your opinion and value judgement but it should be based on reality and good economic reasoning. Include economic indicators that you believe are most important in the “perfect world” and how we get there. Describe what you consider to be the optimal role of government and what should be emphasized (poverty, environment, healthcare, education, jobs, income gap, etc).