Friday, June 13, 2008

Adam Smith and 'Neoliberalism'?

The Manila Times (14 June):

The Other View by Elmer A. Ordionez HERE:

The ideology of neoliberalism that replaced Keynesianism (state intervention) and now governs UP is a recrudescence of classical economics from Adam Smith.”

As a rant, Elmer A. Ordionez is readable, but as for his views having any relation to Adam Smith’s political economy, he writes nonsense.


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