“I recently listened to an episode of EconTalk: ‘Dani Rodrik on Neoliberalism’. What follows is an excerpt from the show, wherein Rodrik defines neoliberalism: ‘What I mean by neoliberalism is really mostly a frame of mind that places the independent functioning of markets and private incentives and pricing incentives at the center of things. And I think in the process downgrades certain other values, like equity and the social contract, and certain restraints on private enterprise that are often required to achieve economic ends that are more compatible with social goals …'” (more)
[Stefan Padfield, Business Law Prof Blog, 2 October]
First posted 2019-10-03 05:19:49
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