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British Dictionary definitions for economic rationalism

economic rationalism

noun
  1. Australian and NZ an economic policy based on the efficiency of market forces, characterized by minimal government intervention, tax cuts, privatization, and deregulation of labour markets
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012