I also just happen to think that classically liberal views on economics are flawed and simplistic (the free market does not maximise liberty).
Liberal and Neo-liberal economics are complete bollocks, sadly. As far as I can determine, they were crafted as a response to schools of economics that a fire-brand progressive of today would call righteous and effective (Henry George's Progress and Poverty and comes to mind as an example).
It is eternally frustrating to have the word "liberal" used to describe two so completely opposite schools of thought, liberal economics and liberal progressivism.
![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png){kind=small}
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
timeasmymeasure
no subject
Date: 2014-05-18 06:32 pm (UTC)Liberal and Neo-liberal economics are complete bollocks, sadly. As far as I can determine, they were crafted as a response to schools of economics that a fire-brand progressive of today would call righteous and effective (Henry George's Progress and Poverty and comes to mind as an example).
It is eternally frustrating to have the word "liberal" used to describe two so completely opposite schools of thought, liberal economics and liberal progressivism.