Long story short, economic liberalism is a school of economic theory that’s distinct from and predates the left-leaning political faction that in the US we call “liberal” to distinguish it from the right-leaning “conservative” faction.
(Also, our political parties have heavily realigned their philosophies but not their names in the century or so since the genesis of the economic school.)
Neoliberals are a political faction that aligns with the political right (“conservative”) in the US and subscribes to the economic philosophy of liberalism. The Bush II administration was neoliberal.
(Also, our political parties have heavily realigned their philosophies but not their names in the century or so since the genesis of the economic school.)
Neoliberals are a political faction that aligns with the political right (“conservative”) in the US and subscribes to the economic philosophy of liberalism. The Bush II administration was neoliberal.