Economic orthodoxy has grown more neoliberal and more conservative over time.
Evidence
Since the notion that the market is uniquely better at information processing than any human mind is a core tenet of neoliberalism, as explained in chapter 2, this trend is another bit of evidence for the claim that the economic orthodoxy has become more neoliberal, and hence more conservative, over time. — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 2216
Categorization
- XREF: Explicitly ties back to chapter 2’s neoliberalism tenets — core thread for the ‘thought collective’ thesis. — connects to: Postwar economics expansion made neoliberalism appear outdated and marginal. — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 291; Broader neoliberal shifts enabled austerity’s return to economic common sense — Mark Blyth, Austerity: The History of a Dangerous…, 406; Economic orthodoxy’s stagnation hurt the left’s credibility more than the right’s — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 24
Broader Connections
- Postwar economics expansion made neoliberalism appear outdated and marginal.
#contradicts(0.72) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 291 - Broader neoliberal shifts enabled austerity’s return to economic common sense
#expands(0.72) — Mark Blyth, Austerity, 406