The Financial Times today slammed the IMF’s criticism of neoliberalism as “navel-gazing” that is out-of date and dangerous. “…neoliberalism has become the catch-all criticism of unthinking radicals who lack the skills of empirical argument,” the Financial Times said in a…
Tag: neoliberalism
IMF report challenges austerity and capital market deregulation
An article in the June edition of the fund’s quarterly Finance & Development magazine said some neoliberal policies have increased inequality and this is jeopardising durable expansion. The article was written by three economists in the IMF’s research department. They…