Critics of globalization often portray neoliberalism as an
extremist laissez-faire political-economic philosophy that rejects
government any sort of government intervention in the domestic
economy. Like most over-used terms, it is more complicated than
this introductory sentence suggests. This volume seeks to move
beyond these caricature depictions and definitions as well as the
emotional rhetoric that has unfortunately dominated both the
scholastic and political debate on neoliberalism and global
market-oriented reform. This book emphasizes that there are in fact
a variety of neoliberalisms that share a common emphasis on the
role of the market. Beyond this however, its usages and
applications appear much more varied according to the cultural,
economic, political, and social context in which it is used.
A host of eminent contributors, including Douglass C. North,
Arthur T. Denzau, Thomas D. Willett, Mark Blyth, Colin Hay, Craig
Parsons, and others provide a rigorous assessment of the
significance of neoliberal ideas on economic policy. Through their
detailed international case studies the contributors to this book
show how varied its impact has in fact been and the result is a
book that will stimulate further debate in this most controversial
of subject matters.
Ravi K. Roy is a Research Scholar at the Claremont Institute for
Economic Policy Studies. Arthur T. Denzau is Professor of Economics
at Claremont Graduate University. He is also a Research Associate
at the Center for American Business at Washington University (St.
Louis).Thomas D. Willett is Horton Professor of Economics at
Claremont Graduate University. He is also Director of the Claremont
Institute for Economic Policy Studies
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