IDEAS home Printed from https://ideas.repec.org/a/pes/iercxy/v4y2019i2p95-101.html
   My bibliography  Save this article

Neoliberalizm szkoly chicagowskiej a kryzys gospodarczy XXI wieku w Stanach Zjednoczonych
[Chicago School’s neoliberalism and the economic crisis of the 21st century in the United States]

Author

Listed:
  • Damian Kowalski

    (Nicolaus Copernicus University in Torun, Poland)

Abstract

Motivation: The crash in the US financial market in 2008 resulted in a crisis of a global nature. A serious debate on its causes has begun, and in it there are voices about the important role of neoliberal assumptions in the Chicago trend, perceived as an economic concept and ideology affecting the broadly understood political and social sphere. The willingness to present such a critical evaluation was the direct cause of this topic. Aim: The aim of the article is to identify the potential impact of the Chicago School’s neoliberalism and the state’s economic policy based on this doctrine on the 2008+ economic crisis in the United States. Materials and methods: A method of critical analysis of literature in the field of economic crises theory, neoliberalism, neoliberalism of the Chicago school and the 21st century crisis was used. Results: Due to the differences, it is difficult to clearly indicate whether and to what extent the Chicago’s neoliberalism and the economic policy based on this doctrine contributed to the 2008+economic crisis. Due to the clearly prevailing voices of opponents of this doctrine and their reflections, it can be concluded that such an influence exists.

Suggested Citation

  • Damian Kowalski, 2019. "Neoliberalizm szkoly chicagowskiej a kryzys gospodarczy XXI wieku w Stanach Zjednoczonych [Chicago School’s neoliberalism and the economic crisis of the 21st century in the United States]," Catallaxy, Institute of Economic Research, vol. 4(2), pages 95-101, December.
  • Handle: RePEc:pes:iercxy:v:4:y:2019:i:2:p:95-101
    DOI: 10.24136/cxy.2019.009
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.24136/cxy.2019.009
    Download Restriction: no

    File URL: https://libkey.io/10.24136/cxy.2019.009?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    crisis; United States; neoliberalism of the Chicago trend;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • N2 - Economic History - - Financial Markets and Institutions
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pes:iercxy:v:4:y:2019:i:2:p:95-101. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilona Pietryka (email available below). General contact details of provider: https://edirc.repec.org/data/ibgtopl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.