Meaning ofeconomic rationalismin English

Noun

1. policy favouring deregulation; small government; privatisation
   The government adopted economic rationalism to reduce its role in the market.
   Synonyms:

   laissez-faire economicsneoliberalismfree market economicsderegulationprivatization
   Antonyms:

   socialismprotectionisminterventionismstatismregulation
2. neoliberalism; free market ideology
   Economic rationalism emphasizes the importance of individual freedom and choice.
   Synonyms:

   neoliberalismlaissez-fairefree market ideologymarket fundamentalismlibertarianism
   Antonyms:

   socialismprotectionisminterventionismstatismcommunism
3. combination of economic and rational principles
   The policy was based on economic rationalism, which prioritized efficiency and profit.
   Synonyms:

   economic liberalismfree market economicslaissez-faire economicsneoclassical economicsrational choice theory
   Antonyms:

   protectionisminterventionismsocialismcommunismdirigisme