The principle of neoliberalism may be summarized in the following formula: The best way of guaranteeing a maximum performance for the economy is to keep government entirely out of its sphere. Its role should be confined to ensure the safety of personal property, which it does by using police and justice to this very purpose.
Showing posts with label Trade / Neoliberalism. Show all posts
Showing posts with label Trade / Neoliberalism. Show all posts
Saturday, June 2, 2012
Neoliberalism: Death of a pseudo-science
Ten logical objections and empirical arguments against persistently held dogmas in current economics
Economic decline and the doctrine of free trade
In my opinion the underlying reason for the impending disintegration of Europe is free trade policy as pushed by Germany (see my essay the "The ugly German – a specter is coming back"). I am, of course, aware that this view is diametrically opposed to accepted wisdom as to be found in economic textbooks.
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