neoliberalism

The Rise of the Antitrust Consensus Against Neoliberalism

Eleanor Fox writes that the paradigm shift in United States antitrust is not best understood as an embrace of neo-Brandeisian anti-bigness ideas but rather a rejection of neoliberal principles that have prevented effective antitrust regulation for decades. The shift encompasses the concerns and efforts of centrists, progressives, and neo-Brandeisians.

The Political Economy of Right-Wing Populism in the United States

George Hawley explores the economic impulses behind parts of the Republican Party’s populist turn and what this means for the GOP going forward.

Ideological Capture

An excerpt from Mehrsa Baradaran's new book, The Quiet Coup: Neoliberalism and the Looting of America, out now.

Revisiting Milton Friedman

The following is an excerpt from Jennifer Burns' new book "Milton Friedman, The Last Conservative," out November 14.

The Chicago Boys and the Chilean Neoliberal Project

In a new book, The Chile Project: The Story of the Chicago Boys and the Downfall of Neoliberalism, Sebastian Edwards details the history of neoliberalism in Chile over the past seventy years. The Chicago Boys—a group of Chilean economists trained at the University of Chicago through the U.S. State Department’s “Chile Project”—played a central role in neoliberalism’s ascent during General Augusto Pinochet’s rule. What follows is an excerpt from the book on University of Chicago economist Milton Friedman’s 1975 visit to Chile to meet with Pinochet and business leaders.

The Road to Hayek: A Comprehensive History of Neoliberalism’s Forefather

In their first of two volumes, historians of economics Bruce Caldwell and Hansjoerg Klausinger access new archival material to explore the first fifty years...

Neoliberalism Beyond the Heartlands

Much of the historical analysis of neoliberalism, both its ideological roots and its outcomes, has focused on U.S. and Europe, with figures such as...

Neoliberal Economists Are Giving Biden Bad Advice on Inflation

To spare the economy from the pain of further interest rate hikes, the President should aggressively pursue anticompetitive conduct by companies in concentrated industries...

How China Became a Global Economic Powerhouse Through an Idiosyncratic Approach to Market Capitalism

Chinese reformers after the death of Mao Zedong in 1976 agreed that it was necessary for China to move towards marketization, but struggled over...

“Old Chicago” and Freiburg: Why Ordoliberalism Was No “German Oddity”

Both the Chicago and Freiburg schools faced systemic fragility as the crucial property of societal orders. It was this fragility that served as the...

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