The Rise and, Hopefully, the Fall of Economic Neo-Liberalism in Theory and Practice

Abstract

I count it a great privilege to contribute the opening essay to this issue of The Economic and Labour Relations Review, which is celebrating its first 20 years. Over that time, the journal has been an outlet for independent and outspoken, often unfashionable views, upholding traditions steeped in the thoughts of Michal Kalecki and Maynard Keynes, and some of Australia’s wisest economists. (Even Karl Marx gets a mention.) I am most grateful to the editors for asking me to be their opening bat.