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Economics and Apologetics—The Ideology/Utopia of Laissez-Faire and its Discontents

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  • Milan Zafirovski

Abstract

This article explores elements of apologetics in conventional economics. It argues that much of the latter is apologetics in the form of the ideology or utopia of laissez-faire, and many of its representatives are apologists of the latter. The article first examines instances of unconditional laissez-faire apologetics and extreme apologists. Then it presents cases of qualified laissez-faire apologetics and moderate apologists. Lastly, it identifies some examples of laissez-faire non- and anti-apologetics and critics expressing discontent with apologetic economics. The article aims to contribute to a fuller understanding of the relationship between economics and social science overall and ideology, politics, and related non-scientific elements.

Suggested Citation

  • Milan Zafirovski, 2019. "Economics and Apologetics—The Ideology/Utopia of Laissez-Faire and its Discontents," Journal of Economic Issues, Taylor & Francis Journals, vol. 53(3), pages 647-676, July.
    • Handle: RePEc:mes:jeciss:v:53:y:2019:i:3:p:647-676
    DOI: 10.1080/00213624.2019.1634455
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