economic rationalism


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economic rationalism

n
(Government, Politics & Diplomacy) Austral and NZ an economic policy based on the efficiency of market forces, characterized by minimal government intervention, tax cuts, privatization, and deregulation of labour markets
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It is often compared with Reaganomics in the US, Rogernomics in New Zealand and Economic Rationalism in Australia.
I begin the paper by discussing the rise of economic rationalism and the embrace of market economics within the Labor Party.
Convenience and a certain economic rationalism are motivating consumers to bring home the beauty experience traditionally provided by estheticians or physicians," says Doskow.
It's an argument that arouses false confidence in economic rationalism.
Sandel, this kind of confrontation between economic rationalism and moral sensibility is inevitable once the moral standards governing what we can and cannot legitimately sell have broken down.
He said: "We too easily become stifled by the contemporary demands for economic rationalism and accountability.
Nevertheless, Ogilvie remains an outstanding example of a successful, charismatic, radical Australian Labor politician in the age before economic rationalism.
And this appeal to our higher nature, our higher values, is the real basis of economic rationalism, he writes.
In 1973, when economic rationalism was just a glint in Margaret Thatcher's cast eye, it was still possible to traverse Tasmania by train.
We persist with unsustainable forms of agriculture because our culture is in the grip of ever evolving technology and economic rationalism.
Utilising a qualitative methodology and in depth semi-structured interviews we explore whether women, in established faith institutions, are offering resistance, through their spirituality, to these dominant discourses of social order and economic rationalism.
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