3 ms·
this is a point that massively gets overlooked in economic academic circles. especially since the fall of the berlin wall and dismantling of the USSR/eastern bl
by kazen44 3y ago
this is a point that massively gets overlooked in economic academic circles. especially since the fall of the berlin wall and dismantling of the USSR/eastern block.
neoliberal economics tends to disregards any other basics of economics as an afterthought, and the philosophical debate about how a country's goals (and thus economy) should be build hasn't been held since.
- imtringued 3y agoIt is neoclassical economics. (E.g. the ones with the equilibrium models) Neoliberalism is a political philosophy from the 70s akin to Thatcher or Reagan. A lot of neoclassical economics is intended to make neoliberalism look good but that doesn't mean they are the same thing.