Economic Rationalism Economic rationalism is for some, a Darwinian philosophy-survival of the fittest-and is therefore a brutal one. It would say for example, that government at all levels cannot deliver services as efficiently as the private sector, therefore it should have had no part of Telstra-it should have been fully sold off. However if that line is held, then because the private sector is profit-driven, it follows, that there should be no Telstra service in …
showed first 75 words of 1921 total

showed last 75 words of 1921 total
…to rescue Australia, (Melbourne, 1992). Edwards, J. "Economic history and economic policy: assessing Paul Keating's eight years as Treasurer', Australian Economic History Review (1993), pp.29-41. Head, B., 'The labor government and 'economic rationalism', Australian Quarterly, 60, (1998) pp 466-477. Manne, R., 'The rift in conservative politics', in J. Carroll and R. Manne (eds), Shutdown: the failure of economic rationalism and how to rescue Australia, (Melbourne, 1992). Pusey, M., Economic rationalism in Canberra: a nation-building state changes its mind, (Melbourne, 1991).