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An economic ideology that emphasizes unregulated markets and the abandonment of welfare.
Definition source: English Wiktionary via Wiktextract
Usage: uncountable
Topics: economics, government, politics, sciences
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
From Hayek + -ism. Named after Friedrich Hayek (1899–1992), Austrian-British economist, legal theorist and philosopher.