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Economic Liberalism

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PPGPortal > Home > Concept Dictionary > D, E > Economic Liberalism

Economic Liberalism 

An economic philosophy centered on a preference for limited government interference in the operation of markets.

(Ben Eisen, MPP Graduate 2009)


Economic liberalism is centered on the belief that government should play a limited role in the operation of the economy. This economic philosophy is also sometimes referred to as "laissez-faire" economics.


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© University of Toronto 2008
School of Public Policy and Governance