liquidationist

liquidationist

(ˌlɪkwɪˈdeɪʃənɪst)
adj
(Economics) pertaining to or promoting a theory of economics which holds that governments should not interfere in a recession. Compare individualism3, laissez faire
n
(Economics) a proponent of such a theory
[from liquidation + -ist]
ˌliquiˈdationism n
References in periodicals archive ?
To understand the liquidationist position, one must first grasp its foundational concepts and assumptions.
Returning in the 1980s, he resisted Achille Occhetto's successful liquidationist project that saw the PCI re-launched in 1991 as the Democratic Party of the left, its historic connection to the Communist tradition of Gramsci, Togliatti, and Berlinguer severed.
17-18) retreated or retrenched from his strong anti-price stabilization position and from what was perceived, wrongly according to White (2008), to be his rigid liquidationist views of the 1930s.
The Cost of Recessions Revisited: A Reverse Liquidationist View.
I do think, however, that most of the libertarians for Nixon were being, in effect, liquidationist in their outlook.
He is now in a lonely and potentially precarious position - "the last liquidationist," as one Russian pundit put it.
The secretary belonged (as Hoover would recall) to the "leave it alone, liquidationist school," and his formula was "liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate.
Most mainstream economists recognized this as the liquidationist fallacy, disproved during the Great Depression.
Another possibility is that the Canadians had the backing of Lozovsky, long a protagonist of Canadian trade union autonomy and who was clearly aware that the liquidationist logic of trade union unity threatened the RILU itself.
Mellon's advice to Hoover exposes the pious foundations to the liquidationist view of the Depression:
Stasiuk, "Down with Liquidationist Attitudes"; Pylypas, "We are Decidedly Against the Liquidation of the Women's Section"; S.
One implication of the liquidationist theory is that increasing the money supply during a recession is likely to be counterproductive.