Hayekism

English Etymology From en Hayek -ism. Named after Friedrich Hayek (1899–1992), Austrian-British economist, legal theorist and philosopher. Noun - en politics economics An economic ideology that emphasizes unregulated markets and the abandonment of welfare. en 2022-10-20 w:Jonathan Freedland Truss has discredited high-octane, free-market economics - perhaps for ever w:The Guardian https://www.theguardian.com/politics/2022/oct/20/liz-truss-resignation-brexit-brexitism The vision was of a low tax, low regulation society where the richest are freed to unleash their awesome talents and make themselves even richer. According to this vision – whether you call it Hayekism, ultra-Thatcherism, Reaganism or economic libertarianism – when the fortunate few at the top soar ever upwards, some of their wealth trickles down to those at the bottom. https://web.archive.org/web/20261017225012/https://www.theguardian.com/politics/2022/oct/20/liz-truss-resignation-brexit-brexitism 17 October 2026 Related terms en Hayekian