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It is widely believed today that the free market is the best mechanism ever invented to efficiently allocate resources in society.
Neoliberalism and Punishment Theory
Shortlisted for the Inaugural International Political Economy Group annual book prize
What exactly is neoliberalism, and where did it come from? This volume attempts to answer these questions by exploring neoliberalism’s origins and growth as a political and economic movement. Although modern neoliberalism was born at the “Colloque Walter Lippmann” in 1938, it only came into its own with the founding of the Mont Pèlerin Society, a partisan “thought collective,” in Vevey, Switzerland, in 1947.
Description The financial crisis seemed to present a fundamental challenge to neo liberalism, the body of ideas that have constituted the political orthodoxy of most advanced economies in recent decades. Colin Crouch argues in this book that it will shrug off this challenge.
European Institute - LEQS annual lecture, in association with Jean Monnet Programme public lecture
Professor of African Studies and Development Politics
'The Deadly Ideas of Neoliberalism' explores the history of and current collision between two of the major global phenomena that have characterized the last 30 years: the spread of HIV/AIDS and other diseases of poverty and the ascendancy of neoliberal economic ideas. The book explains not only how IMF policies of restrictive spending have exacerbated public health problems in developing countries, in particular the HIV/AIDS crisis, but also how such issues cannot be resolved under these economic policies. It also suggests how mounting global frustration about this inability to adequately address HIV/AIDS will ultimately lead to challenges to the dominant neoliberal ideas, as other more effective economic ideas for increasing public spending are sought.
Hide TOC Hayek's Constitution of Liberty: Ethical Basis of the Juridical Framework of Individual Liberty