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President Ronald Reagan, shown here speaking in Moscow in 1980, was an early adopter of neoliberalism in the U.S. Dirck Halstead/Liaison

What is neoliberalism? A political scientist explains the use and evolution of the term

The word ‘neoliberal’ gets thrown around a lot, often with differing and even contradictory meanings. Here, a political economist explains the origins and evolution of this complex concept.
In reprioritizing public health, the U.S. limited its ability to respond quickly and effectively to the pandemic. Anton Petrus/Moment via Getty Images

The US was not prepared for a pandemic – free market capitalism and government deregulation may be to blame

While neoliberalism has allowed U.S. markets to grow, the resultant stunted public health system left Americans to figure out how to protect themselves from COVID-19 and its fallout on their own.
If we want economics to appeal to young Australians, it needs to move away from theory and towards tackling some of the trickiest issues faced by the next generation. www.shutterstock.com

Economics needs to get real if we want more young Australians to study it

For economics to play a more helpful, critical role, it must abandon blind faith in the free market and embrace the social, historical, and environmental context in which economics actually happens.
Paper chains hang on the White House fence in Washington in October 2010 during a demonstration against the IMF and World Bank neoliberal economic policies during their annual meeting. Has the term neoliberalism run its course? (AP Photo/Jose Luis Magana)

What exactly is neoliberalism?

The term “neoliberalism” has a rich history but has it run its course as an accurate concept when so many people have such different understandings of what it means?

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