> Most citizens would prefer stability to growth, but I think the tradeoff has a lot of downstream consequences.

People want personal stability, which in our current society means a stable job.

That doesn't have to be the case, though.

Overall, economic growth is good for society as a whole, so it makes sense that a state should encourage it as much as it can.

This means that what is good for an individual is not the same as what is good for society.

I think the ideal solution would be to keep the risk-taking in business that you need for good growth, and instead provide stability through strong social support services, like healthy unemployment insurance or UBI. That way, everyone can take risks to try to drive the economy forward, but not starve if things go poorly.