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What is neoliberalism?

Summary:
Recently Brad DeLong has been flying his “neoliberal freak flag high” on his blog. And not that long ago Simon Wren-Lewis had a post up commenting on traction gaining “attacks on mainstream economics”: One frequent accusation … often repeated by heterodox economists, is that mainstream economics and neoliberal ideas are inextricably linked. Of course economics is used to support neoliberalism. Yet I find mainstream economics full of ideas and analysis that permits a wide ranging and deep critique of these same positions. The idea that the two live and die together is just silly. Hmm … Silly? Maybe. But maybe Wren-Lewis and other economists who want to enlighten themselves on the subject also should take a look at this video: [embedded content] Or maybe read this essay, where yours truly tries to further analyze — much inspired by the works of Amartya Sen — what kind of philosophical-ideological-political-economic doctrine neoliberalism is, and why it so often comes natural for mainstream economists to embrace neoliberal ideals. Or maybe, if you know some Swedish — and aren’t offended by shameless self-promotion — you could take a look in this book — The dismal science (Atlas 2001) — where I give a deeper analysis of different strands of neoliberalism and how they relate to economics.

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Recently Brad DeLong has been flying his “neoliberal freak flag high” on his blog. And not that long ago Simon Wren-Lewis had a post up commenting on traction gaining “attacks on mainstream economics”:

One frequent accusation … often repeated by heterodox economists, is that mainstream economics and neoliberal ideas are inextricably linked. Of course economics is used to support neoliberalism. Yet I find mainstream economics full of ideas and analysis that permits a wide ranging and deep critique of these same positions. The idea that the two live and die together is just silly.

Hmm …

Silly? Maybe. But maybe Wren-Lewis and other economists who want to enlighten themselves on the subject also should take a look at this video:

Or maybe read this essay, where yours truly tries to further analyze — much inspired by the works of Amartya Sen — what kind of philosophical-ideological-political-economic doctrine neoliberalism is, and why it so often comes natural for mainstream economists to embrace neoliberal ideals.

What is neoliberalism?Or maybe, if you know some Swedish — and aren’t offended by shameless self-promotion — you could take a look in this book — The dismal science (Atlas 2001) where I give a deeper analysis of different strands of neoliberalism and how they relate to economics.

Lars Pålsson Syll
Professor at Malmö University. Primary research interest - the philosophy, history and methodology of economics.

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