Noun : His economic philosophy is a good one, but he tries to use it as a panacea.    From Dictionary.com. 

In my view it quite carefully states the problems of panacean Govt. intervention in the Economy.    From Wordnik.com.  [Economic Education, Arnold Kling | EconLog | Library of Economics and Liberty] Reference

During the seventeenth century, after its use had widely radiated throughout Spain, even more fantastical claims were made about chocolate's panacean qualities.    From Wordnik.com.  [Pestilence and Headcolds: Encountering Illness in Colonial Mexico] Reference

Certainly someone in Congress successfully completed high school physics, and should easily realize that currently hydrogen is not a panacean energy solution, however it is politically popular.    From Wordnik.com. Reference

Is not a panacean energy solution, however it is politically popular.    From Wordnik.com. Reference

To Hied her panacean dues.    From Wordnik.com.  [The works of the English poets; with prefaces, biographical and critical] Reference