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Jun 9, 2021 · This entry explicates neoliberalism by examining the political concepts, principles, and policies shared by F. A. Hayek, Milton Friedman, and James Buchanan, all of whom play leading roles in the new historical research on neoliberalism, and all of whom wrote in political philosophy as well as political economy.
- Hayek, Friedrich
Friedrich Hayek was born in Vienna in 1899 into a family...
- Bounded Rationality
Herbert Simon introduced the term ‘bounded rationality’...
- Feminist Perspectives on Globalization
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- Hayek, Friedrich
Jul 2, 2024 · Neoliberalism is a political and economic philosophy that emphasizes free trade, deregulation, globalization, and a reduction in government spending. ... Neoliberalism is an economic model or ...
- Liz Manning
- 2 min
Unrelated to the economic philosophy described in this article, the term "neoliberalism" is also used to describe a centrist political movement from modern American liberalism in the 1970s. According to political commentator David Brooks , prominent neoliberal politicians included Al Gore and Bill Clinton of the Democratic Party of the United States. [ 48 ]
4 days ago · The clearest sign of the new importance of neoliberalism, however, was the emergence of libertarianism as a political force, as evidenced by the increasing prominence of the Libertarian Party in the United States and by the creation of assorted think tanks in various countries, which sought to promote the libertarian ideal of markets and sharply limited governments.
Jul 28, 2021 · Neoliberalism is a political and economic policy model that emphasizes the value of free market capitalism while seeking to transfer control of economic factors from the government to the private sector.
- Robert Longley
‘Neoliberalism’ is a widely used term that travelled from economic philosophy into policymaking, and from policymaking into critical social scientific discourse in the late twentieth century. It refers to a form of capitalism ascendant since the 1970s but informed by post-war economic philosophical ideas. In practice, it is characterised by the retrenchment of the welfare state and an ...
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Aug 5, 2022 · The word ‘neoliberal’ gets thrown around a lot, often with differing and even contradictory meanings. Here, a political economist explains the origins and evolution of this complex concept.