On Mirowski and neoliberalism (opens in new tab)

New post on Substack that argues that Mirowski is right that neoliberalism cannot be reduced to textbook neoclassical economics, since it is a broader political and institutional project (see the old debate here). But I defend the reverse point. Neoliberalism also cannot be separated from marginalist economics, that is in a sense broader than neoliberalism. All neoliberals must be in some sense neoclassical, I argue.Its public policy rhetoric invokes Smith's laissez-faire and classical libera...