The Unearned Compliment of Neoliberalism

Most free-market economists take “neoliberalism” as a term of abuse.  Rather than actually respond to our arguments for smaller government and less regulation, the hard left just switches to name-calling.

I disagree.  People who denounce neoliberalism are unintentionally paying free-market economists a great compliment.  But sadly, we don’t deserve this compliment.

How so?  Well, free-market economists have two kinds of views.  Some are distinctive, such as:

 

1. We should sharply increase im...