One of the
defining features of neoliberalism is that it seeks to transform many traditional features of
political life into economic judgements. While the arena of international relations was once
dominated by the whims of political leaders or concepts of justice and fairness, neoliberal
thinkers advocate an international system that relies more on economic rationality and expert
opinion. For Friedrich Hayek, one of the leading thinkers in this tradition, normative political
judgements are extremely volatile and lead to a degree of uncertainty that inhibits economic
growth and prosperity. For...
Tuesday, 20 December 2016
What is neoliberalism with regard to the study of International Relations?
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