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Topic: Economic rationalism



  
 managerialism
Enteman (1993), for example, describes managerialism as an international ideology on which rests the economic, social, and political order of advanced industrialised societies and from which arises the impoverished notion that societies are equivalent to the sum of the transactions made by the managements of organisations.
Historically, the ownership of capitalist enterprise was separated from its operational function, which was the stimulus for the employment of a professional managerial hierarchy in the organisation.
Even in nominally democratic societies, explanations of domination as a totality are not rational, and, therefore, agency is implied.
http://www.vusst.hr/ENCYCLOPAEDIA/managerialism.htm   (2433 words)

  
 Transcript - Program 11 - The Rise of Economic Rationalism
'Economic rationalism' is a term that's often used in Australia, and sometimes in other countries, to describe a range of economic policies which aim to reduce the extent of government intervention in the economy and to rely more on markets to organise economic activity.
Some of the policies which have come to be associated with 'economic rationalism' include reducing government spending, privatisation and deregulation.
So while the term 'economic rationalism' is commonly used, it would be more accurate to say that the policy debate is now concerned with the effects which have followed from policies of 'hard economic liberalism'.
http://www.abc.net.au/money/vault/programs/prog11.htm   (3437 words)

  
 John Quiggin - Journal Articles 1997 - Economic rationalism
The assocation of economic rationalists with the financial and mining sectors is reflected in their attitudes to community services such as health and education, and to the environment.
In particular, they were critical of protectionist arguments that took account of the benefits accruing to protected industries but not of the costs borne by other industries, and of arguments for public expenditure that failed to take account of the principle of opportunity cost.
It was argued that, because of the systematic distortion of the policy process by interest groups, the costs of government intervention were greater than the costs of the market imperfections government policies were supposed to remedy.
http://www.uq.edu.au/economics/johnquiggin/JournalArticles97/Econrat97.html   (3971 words)

  
 Economic rationalism - definition of Economic rationalism in Encyclopedia
Economic rationalism is an Australian term in macroeconomics, applicable to the economic policy of many governments around the world, in particular during the 1980s.
To a large extent the term merely means economic liberalism.
This financial wellbeing may however be at the expense of environmental and cultural considerations.
http://encyclopedia.laborlawtalk.com/Economic_rationalism   (279 words)

  
 Feature - What is Economic Rationalism? - Gregory Whitwell
Economic rationalists insist that the public sector tends by nature to be inefficient, in part because it is not subject to the market disciplines which the private sector faces.
Economic rationalism is the dogma which says that markets and money can always do everything better than governments, bureaucracies and the law.
In their most basic form, economic rationalist views simply hold that, generally speaking, markets usually provide more satisfying answers to questions of choice, consumer preference and so on—and in doing so, provide a more rapidly advancing level of total well-being for all concerned—than decisions by diktat, whether those be by politicians, bureaucrats or controllers generally.
http://www.abc.net.au/money/currency/features/feat11.htm   (1305 words)

  
 ECONOMIC RATIONALISM AND THE SCHOLARLY CULTURE
Andrew Norton, a self-proclaimed economic rationalist, brings in something of this ideological dimension: economic rationalism is 'a large intellectual and political movement, encompassing a wide variety of views favouring a greater role for markets and a reduced role for government'.
Michael Pusey voices a widely shared concern when he writes that economic rationalism is 'a doctrine that says that markets and prices are the only reliable means of setting a value on anything' - value is equated with cost.
It is a discourse which combines unattractive features of both economics and politics, and bodies ill for the disadvantaged, for those dependent on the state, and those with few votes.
http://www.anu.edu.au/caul/isaa/richards.htm   (1643 words)

  
 ECONOMIC RATIONALISM IN MANAGING SPATIAL DATA INFRASTRUCTURE - THE AUSTRALIAN EXPERIENCE
The rigorous approach of economic rationalism adopted in the report was in tune with the Liberal government's micro-economic reform policy.
Economic rationalism has helped shape the current management model adopted for the public sector by the Victorian government.
It was perceived as another move of economic rationalism to re-engineer the management of the state's data/information resources, particularly in the land administration and natural resources program areas.
http://www.sli.unimelb.edu.au/research/publications/IPW/ERMSDI.htm   (5724 words)

  
 ECONOMIC RATIONALISM
Economic rationalists point out that the proportion of the population receiving benefits seems to be on a continuing upward path and that this is occurring even though living standards are increasing, which should logically cause the proportion needing benefits to be falling.
Economic rationalists support the objective of monetary policy as being to keep inflation low but they disagree about the timing and extent of changes in interest rates that is needed to achieve that.
The survey showed that a majority of the economists surveyed strongly disagreed with the proposition that government outlays should be reduced as a percentage of GDP and that a clear majority agreed that governments need to be concerned about distribution and should try to prevent further increases in income and wealth inequality.
http://www.ipe.net.au/BrightonRotary.htm   (4988 words)

  
 VICTORIA, BRACKS AND KENNETT, SOME LESSONS FOR THE LIBERAL PARTY
True, the 2000-01 Budget stated "In the present situation of a temporary slow-down in economic growth, an easing in the fiscal position is appropriate as it helps to support demand growth in the economy".
The support by economic rationalists for minimum government intervention also reflects a view that, in a modern society with relatively high degree of education, individuals should be relatively free to pursue their own interests and should be better able to look after themselves.
Accordingly, advocates of economic rationalism argue that reductions in protection are likely to have net favourable effects for the community as a whole.
http://www.ipe.net.au/ECONRATNov01.HTML   (3001 words)

  
 Comment: Economic policy: how they got it wrong - 15 December 2001
Economic policy should be a means to an end, with the end being the values of society.
In the context of the inevitable trade-off between economic efficiency and equity, ER is based on the belief that equity and fairness is a minor argument when compared to the benefits of improved efficiency.
The result is that economic policy is formed mostly by technocrats, and misses the common touch of those most affected by these policies, and questions of equity are often ignored.
http://www.newsweekly.com.au/articles/2001dec15_er.html   (1375 words)

  
 Economic rationalism - Wikipedia, the free encyclopedia
Economic rationalism is an Australian term in discussion of microeconomic policy, applicable to the economic policy of many governments around the world, in particular during the 1980s and 1990s.
However, the term was also used to describe advocates of market-oriented reform within the Australian Labor Party, whose position was closer to what has become known as the 'Third Way'.
The term "economic rationalism" is commonly used in criticism of free-market economic policies as amoral or asocial.
http://en.wikipedia.org/wiki/Economic_rationalism   (434 words)

  
 IRRATIONAL ‘RATIONALISM’
Economic rationalism is an economic policy, an approach to economic decision making.
Now if you think this is an exaggeration, consider this: the Hilmer Report, an influential document in the implementation of economic rationalism in Australia states, at p.99: ‘....in determining questions of public benefit, primary emphasis should be placed on economic efficiency considerations’.
People became ‘human resources’, just another aspect of the production process like raw materials and packaging.
http://www.gwb.com.au/gwb/news/economic/210198.html   (509 words)

  
 What Price Australia?
Maurie Daly also highlights that it was largely economic rationalism that inspired the deregulation of the Australian economy, and that it was these twin factors [faith in the market and deregulation] which firmly placed concerns for/with the economy above concerns for/with social, environmental and justice issues on the Australian (inter alia) political and public agenda.
This essay wrestles with a concern that, economic issues and the need for "profit" should be balanced against social and environmental objectives in a way which cannot be done through an often uncritical support of deregulated market processes.
Davis posits that, the health [or ill-health] of Australian citizens should not be governed solely by economic concerns, but also with a moral concern for the health consumer.
http://users.senet.com.au/~fortuna/barrys/wprice.htm   (3067 words)

  
 ipedia.com: Macroeconomics Article
Supply-side economics, which deliniates quite clearly on the role of monetary policy and fiscal policy.
Macroeconomics can be used to analyse how best to influence policy goals such as economic growth, price stability, full employment and the attainment of a sustainable balance of payments.
Further, it does not wish to combat inflation or deflation by means of active demand management as in Keynesian economics, but by means of monetary policy rules, such as keeping the rate of growth of the money supply constant over time.
http://www.ipedia.com/macroeconomics_1.html   (843 words)

  
 [No title]
Globalisation may be seen as the application, in particular nation societies, of a neo-liberal 'economic rationalism' which assumes: (a) that markets offer, at least in principle, the most reliable means of setting values on all goods, and (b) that economies and markets can always, in principle, deliver better outcomes than states, governments and the law.
Globalisation is best understood as a change in the way nation societies are organised: more specifically, as a shift in the balance of coordination from states, governments and law on the one side to economies, markets and money on the other.
To give a context for what are already perilous over-generalisations I shall use the Australian case to identify processes of economic restructuring that have impacted strongly on other Anglophone nations that have also taken the laissez faire, neo-liberal policy road over the last twenty five years.
http://www.toda.org/Default.aspx?PageID=245   (1603 words)

  
 IA 34 Michael in a Muddle
Economic reform accelerated some of these factors, but a policy status quo would not have stopped them.
Even if no economic reform had occurred, social and educational changes meant that large numbers of highly affluent two-income households, and the ‘inequality’ they create, were near inevitable.
Pusey thinks the economic reform agenda has been all about increasing corporate profits.
http://www.cis.org.au/IssueAnalysis/ia34/ia34.htm   (4484 words)

  
 Quadrant Magazine
One Nation’s debut vote in the 1998 federal election was not a “record-breaking performance for a new political party”, since the Democrats received a higher vote in their first election, 1977.
One reason they were able to do so is that the reforms did not have most of the negative social consequences claimed by Edwards, and succeeded in putting the Australian economy in a much stronger position than it had been in the decade prior to the reform process beginning.
She tries to use One Nation’s rise to show that people were “fed up” with the economic reform agenda.
http://www.quadrant.org.au/php/archive_details_list.php?article_id=402   (1821 words)

  
 The Currency Lad: The Future Of Economic Rationalism
The Currency Lad: The Future Of Economic Rationalism
ER has delivered great benefits, especially to the poor, with more to come if Latham and the ALP can cast off the dead hand of the left and support whatever good legislation the Howard administration serves up over the next few years.
AUSTRALIAN politics has reached a really interesting situation with a sort of/maybe economic rationalist/free enterprise government about to control both the upper and lower house.
http://thecurrencylad.blogspot.com/2004/10/future-of-economic-rationalism.html   (565 words)

  
 Chile: the laboratory test
Between 1973 and 1989, a government team of economists trained at the University of Chicago dismantled or decentralized the Chilean state as far as was humanly possible.
The first phase of shock therapy was reducing the money supply and government spending, which succeeded in cutting inflation to acceptable levels.
By the end of 1974, they had risen to positions of power in the Pinochet regime, controlling most of its offices for economic planning.
http://www.huppi.com/kangaroo/L-chichile.htm   (5374 words)

  
 Economic rationalism still will destroy us
Labor's traditional policy was against laissez faire economics, and for regulation of the banking and financial sectors.
Paul Keating, Treasurer 1983-1990, abandoned traditional Labor policy, and applied the economic rationalism of deregulated banking and finance.
Australia will return to high standards of living and full employment only when economic rationalism is abandoned.
http://www.greenleft.org.au/back/1994/143/143p12.htm   (594 words)

  
 catallaxy » Blog Archive » Four groups who muddied the waters on economic rationalism
The Hawke/Keating era was THE most economically rational period of government in Australia’s history.
One of the results of this failure in communcation is that the ALP now has difficulty in getting a fair share of the credit for any good economic news that arrived after they went out of office.
The Hawke/Keating team of reformers, the ‘Labor dries’ shared many aims of their Liberal counterparts but they polluted the public debate by their severe criticism of the so-called New Right and their refusal to give credit for the support that they enjoyed from the Opposition.
http://badanalysis.com/catallaxy/index.php?p=428   (2749 words)

  
 Economic Rationalism and Chile
A lesson for Australia and other similar countries believing in the virtues of economic rationalism, is that a market driven economy alone is not sustainable.
This Association will encourage both State and Commonwealth Governments to apply social justice principles when implementing economic or structural reforms and to recognise their community service obligations in any such reforms.
Kiama Municipal Council at its meeting held on 29th July 1997 received a report regarding this paper and resolved to submit the following motions to the next Local Government Association conference:
http://www.geocities.com/CapitolHill/Lobby/2803/chile.html   (303 words)

  
 Evatt Foundation: News: Economic rationalism, 20 years on - 03 June 2003
A report to the Trilateral Commission, one of the first global peak business associations, turned free market economic theory into a political program that would shift the burden of co-ordination from 'overloaded' governments paralysed with too many 'irresponsible demands', to the markets.
The hard men of Labor were waiting to show they could deliver better economic management and better outcomes for business than the old guard in the Liberal Party.
Anyone who turned forty with the new millennium will have spent all their adulthood living through what we so blithely call 'economic reform'.
http://evatt.labor.net.au/news/223.html   (482 words)

  
 "Bad Science, Good Propaganda" - by Graham Strachan
Henderson refers to it gratuitously as the mild-mannered standard bearer of economic reform.
He is also a former large company businessmen, consultant, practicing attorney, and now a writer with two recent book to his credit - "Economic Rationalism: a Disaster for Australia" (1997), and "Globalisation: Demise of the Australian Nation" (1998).
This is all well documented [See Geoffrey Lawrence, Capitalism in the Countryside: the Rural Crisis in Australia (1987); Graham Strachan, Globalisation: Demise of the Australian Nation (1998)], and the picture is the same in every country touched by globalization with its policy of economic rationalism.
http://www.truthinmedia.org/truthinmedia/Bulletins99/tim99-1-6.html   (1465 words)

  
 The New World Order
A global economic crisis is very near and the United Nations socialistic legislation is being enacted at breakneck speed.
A second focus is economics with free trade agreements, the International Monetary Fund, World Bank and the Bank of International Settlements.
Most farmers are deep in debt because of rising interest rates (and all fiat money) and loss of markets due to the government programs of economic rationalism opening the doors to cheaper imported produce.
http://www.biblebelievers.org.au/nv2.htm   (5210 words)

  
 ‘ECONOMIC RATIONALISM’ IN CANBERRA AND CANADA:
Employers in the exposed sectors also found that centralized systems for collective bargaining prevented them from attracting or developing a pool of skilled labour without simultaneously causing wage increases in the public sector.
Australian Public sector institutions and public sector labour relations experienced intense change in the 1980s and 1990s.
  Simultaneous sharp increases in global real interest rates and competition in product markets in the early 1980s put the cases considered here into economic difficulty, although Ontario initially benefited from an expansion of automobile production by multinationals.
http://www.people.virginia.edu/~hms2f/Economic.html   (8332 words)

  
 The real case against the minimum wage. By Steven E. Landsburg
The economic logic of a livable minimum wage seems be very similar to the economic logic of a tax cut and rests on the assumption that the more money available to consumers (through higher wages or tax refund checks) the more consumers will spend.
Therefore, a logical conclusion is that an increase in the minimum wage will stimulate the economy, increase consumer spending, create new jobs and generally be good for the economy.
If we're serious about improving the economic conditions of poor people without impacting small businesses, we need to create a minimum teen wage, and a minimum living wage.
http://www.slate.com/id/2103486   (1727 words)

  
 John Hyde
With Hawke and Keating in economic reform mode (though not in the labour market) the nation had a government of national unity on economic policy for a short but invaluable period.
We are still reaping the benefits of that time, though they may be frittered away by the vandalism of the small parties and the resurgence of Big Government aspirations in the major parties.
A few months ago, the Institute for Public Affairs in Australia launched a new book by John Hyde on the rise of classical liberalism and economic rationalism in Australia.
http://www.the-rathouse.com/JohnHyde.html   (374 words)

  
 IPA in the News Father of economic rationalism
The entire economic reform program flowed quite directly from the pressure the relentlessly increasing welfare state placed on government budgets.
Who in Australian politics is the father of the reform program often labelled as 'economic rationalism'?
Economic Freedom of the World: 2005 Annual Report
http://www.ipa.org.au/files/news_636.html   (626 words)

  
 Amazon.co.uk: Economic Rationalism: Dead End or Way Forward?: Books
Subjects > Business, Finance & Law > Economics > Economic Conditions
Subjects > Business, Finance & Law > Economics > General
Subjects > Business, Finance & Law > Economics > Macroeconomics > General
http://www.amazon.co.uk/exec/obidos/ASIN/1863735372   (288 words)

  
 The Age: Why economics can't avoid a revolution
But all these concepts have been shown to be fatally flawed, either logically so, or by being completely at variance to what actually happens in the real world.
The basic theory of finance works, so long as everyone who trades in the market is Nostradamus.
For example, the economic theory of how consumers behave was shown (in 1956!) to depend on two crucial assumptions: that all consumers have the same tastes, and that income has no effect on spending patterns.
http://www.debunking-economics.com/Articles/Eco_revolution_20010226.htm   (811 words)

  
 ECONOMIC RATIONALISM HAS NOT FAILED.
Structural Adjustment Packages, the rules of the World Trade Organisation, the Multilateral Agreement on Investment proposals, and the economic rationalist philosophy in general are simply the arrangements which suit the big corporations and banks (and their well paid lackeys who do the technical, legal and managerial work).
SAPs for example dismantle an economy, junk the unprofitable bits, and enable foreign investors to come in and take over the juicy bits at bargain basement prices, while ensuring the banks get their reckless loans repaid, and that there is increased freedom to get at cheaper labour and forests etc now freed from protection.
I am increasingly annoyed at people concluding that economic rationalist policies, or the World Bank's Structural Adjustment policies, or the free market or financial deregulation have failed.
http://www.arts.unsw.edu.au/tsw/D03EcRatHsNtFaild.html   (492 words)

  
 Prime Minister abondons Economic Rationalism. Full text version
The Prime Minister, John Howard, announced this morning: "Australia will be abandoning economic rationalism and economic growth and pulling out of the global economy."
In what could be seen as an about-face of millennial proportions, or as an act of extreme bravery, Mr Howard told stunned journalists: "Ecological rationalism will replace economic rationalism, resource conservation will replace economic growth, and local economies will replace Australia's involvement in the global economy."
"Ecological rationalism also dictates that prevention is cheaper and more efficient than cure.
http://www.rag.org.au/takenote/release.htm   (1802 words)

  
 La Brita Esperantisto: 949, julio-aŭgusto 1999
Economically, the shift towards language- and knowledge-intensive industries will continue in the major industrial nations, and this will probably further entrench English in its role as a global reference standard.
Graddol does not describe an 'interlingual' world: that is, one characterised by high and sustainable levels of linguistic diversity, integration, equity and efficiency.
As in the case of financial capital, such decisions and investments may appear stable and self-perpetuating under conditions of gradual, incremental change, but cease to behave predictably under conditions of social upheaval.
http://lbe.esperanto-gb.org/arkivo/949   (7143 words)

  
 Print Article: Economic rationalists move in on Medicare
So why do the rationalists depart so far from this ethical standard?
The neo-classical model focuses exclusively on the individual consumer or individual firm.
Economics is meant to be about allowing the community - the political process - to determine the value questions, and then providing the community with technical advice on the most resource-efficient ways to achieve its value choices.
http://www.smh.com.au/cgi-bin/common/popupPrintArticle.pl?path=/articles/2003/05/11/1052591674352.html   (1135 words)

  
 Table of contents for Library of Congress control number 2004463458
Library of Congress Subject Headings for this publication: Free enterprise Moral and ethical aspects, Economic policy Moral and ethical aspects, Australia Social policy, Australia Economic policy
Preface vii Acknowledgments xi PART ONE: THE ECONOMIC CASE FOR ECONOMIC RATIONALISM 1 1 What is economic rationalism?
Bibliographic record and links to related information available from the Library of Congress catalog.
http://www.loc.gov/catdir/toc/fy051/2004463458.html   (80 words)

  
 Economic rationalism and religion drive new wages umpire - National - smh.com.au
But he rejects criticism from his fellow Anglicans, including the Archbishop of Sydney, Peter Jensen, that the workplace reforms tilt the balance from social to economic imperatives.
Professor Harper, 49, has a CV which bulges with appointments to high-flying positions and also records an extensive list of books and articles he has authored.
The man John Howard has appointed to head the new Fair Pay Commission, Ian Harper, is a practising Anglican and a leading economic rationalist who acknowledges he often finds himself caught between his economic brethren and his co-religionists.
http://www.smh.com.au/news/national/economic-rationalism-and-religion-drive-new-wages-umpire/2005/10/13/1128796654925.html   (584 words)

  
 Ethics of Economic Rationalism
Wright then sets out to examine the ethical defences for economic rationalism, considers the many criticisms of economic rationalism - and then weighs up whether the moral defences of economic rationalism are truly valid.
First, in non-technical language, he reviews the economic arguments for economic rationalism.
In this timely and exceptionally accessible work, philosopher John Wright tackles economic rationalism from a moral perspective.
http://www.unswpress.com.au/isbn/0868406619.htm   (81 words)

  
 Economic Rationalism and Rural Society in Third-Century AD Egypt - Cambridge University Press
Economic Rationalism and Rural Society in Third-Century AD Egypt
Economic Rationalism and Rural Society in Third-Century AD Egypt (Hardback)
Please note that we will not store any email address submitted in the form above, unless either party signs on to our separate email alerting services.
http://www.cambridge.org/uk/catalogue/email.asp?isbn=0521401496   (135 words)

  
 [No title]
http://www.smh.com.au/news/9810/20/pageone/pageone1.html Without doubt, the new book on Economic Rationalism is going to sell and sell, if only because of all the publicity over the last one!
but here economic rationalism is taken as but a part of the broader context of the hold of Reason on us all.
Subject: RE: OT: Economic Rationalism On Saturday, October 31, 1998 4:03 PM, Andrew [SMTP:andrew@tig.com.au] wrote: > > Well, the link below is to the first headline article about the current "Goodbye Jerusalem" fracas > in which those two Liberal ministers are suing his publisher.
http://www.things.org/music/billy_bragg/digest_archives/v01.n2417   (1349 words)

  
 The human consequences of economic rationalism
The book on which the film is based was written by Australian writer Elliot Perlman in 1998.
It’s described as a brilliant fictional commentary on the human consequences of economic rationalism, a book that fused emotional and economic life with passionate intelligence.
http://www.greenleft.org.au/back/2005/623/623p22.htm   (576 words)

  
 Electromagnetic Field - Wireless Communications
Keywords: australia, australian, agnostic, cellphone, companion, corruption, cultural, dictionary, distortion, economic rationalism, economics, encyclopaedia, encyclopedia, information technology, junk-science, junkscience, liberal, mobile phones, multimedia, on-line, online, politics, radiation, reference, school, science, social, telecommunications, telephony, university, on line
UK consumer group: Hands-free phone kits boost radiation exposure
Scientific abstracts and essays about cellular phone hazards and health concerns.
http://www.clubwireless.org/directory/Cell-Phones/Electromagnetic-Field   (540 words)

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