Mixed Economy of "Invisible Hand' And ‘Flexism’

Abstract

A mixed economy balances market forces and government intervention to promote sustainable economic growth. This article explores the interplay between the “invisible hand” of market mechanisms and the concept of “flexism,” which emphasizes flexibility in policy and regulation to respond to economic challenges. It examines how combining private sector initiative with public sector oversight can enhance efficiency, ensure social welfare, and foster inclusive development. The article highlights the importance of strategic policy formulation, regulatory adaptability, and coordinated governance in achieving economic stability. By integrating market freedom with targeted intervention, a mixed economy can effectively address inequalities and promote long-term prosperity.