Even while driving, you’ve got to hit some bumps on the road. It’s the way it is in my country. You can never win all the wars you fight, it’s a profit and lose market. You win some and you lose some. You can only hope that your profit out weights your loses.
Being an economist doesn’t make you a perfectionist that can solve all the problems arising in your immediate environment. You can only solve a few and maybe some theories would not apply but then, there are other theatrics that do applies in other aspects to living.
Like we can see in demand and supply curves,
Economies that produce more of what they consume and do more in export other than import would always have a fairly stable standard of living. These are some bases to stability and humanity is sure to create its own problems. We could only try!