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economic rationalism

noun

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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Nearby words

  1. economic good,
  2. economic indicator,
  3. economic indicators,
  4. economic migrant,
  5. economic model,
  6. economic rent,
  7. economic sanctions,
  8. economic strike,
  9. economic zone,
  10. economical
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