Doctors Reform Society of Australia
			supporting health care reforms to ensure justice, equity and quality care for all
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Author
Ian McAuley, lecturer Public Sector Finance and Economics at University of Canberra

Introduction - economic irrationalism
The notions that smaller government is better, that the public sector is intrinsically inefficient, are all hollow rhetoric.  They have no basis in logic or in any empirical study.  Yet these notions have become so much a part of conventional wisdom, or the new political correctness, that they have become elevated to the status of unchallengeable axioms, like the pre-Copernican geocentric view of the universe.

In fact many people have blessed such rhetoric and its associated policies with the term economic rationalism.  But that's a misnomer, for the rhetoric is not centred in a rational discourse, nor does it conform with conventional, neoclassical mainstream economics........
 

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			This page was last updated on 10th February, 2003.
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