ECONOMIC RATIONALISM, THE CHURCHES AND THE POLITICS OF WELFARE. Melbourne Journal of Politics | January 1, 1997| | COPYRIGHT 1997 Department of Political Science, University of Melbourne. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

For over a decade, economic rationalist ideas have been dominant in Australian society.

Economic rationalists seek to undo the post-war Keynesian consensus on state intervention in the economy, a centralized arbitration system and high public expenditure on welfare, in favor of reducing government spending, lowering taxation and deregulating the economy - especially the labor market - from government controls. Economic rationalism represents a revival of the classical liberal ideas espoused by Hayek, Friedman and Smith - that is the belief in the perfectibility of ...

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