What is the neoliberal perspective on economic efficiency?

Neoliberalism Questions



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What is the neoliberal perspective on economic efficiency?

The neoliberal perspective on economic efficiency is that free markets and minimal government intervention lead to the most efficient allocation of resources. Neoliberals believe that when individuals and businesses are left to make their own economic decisions, competition and market forces will drive efficiency, innovation, and economic growth. They argue that government regulations and interventions often hinder efficiency and should be minimized to allow for greater economic freedom and prosperity.