Deregulation
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Deregulation is the process of removing or reducing state regulations, typically in the economic sphere. It is the repeal of governmental regulation of the economy. It became common in advanced indust
Since the deregulation of the postal sector, different postal operators can install mail collection boxes in New Zealand's streets.
Neoliberalism
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Neoliberalism is a political and economic ideology that advocates for free-market capitalism, and that became dominant in policy-making from the late 20th century onward. The term has multiple, compet
Deregulation
…and to mitigate boom and bust cycles. Around the late 1970s, such reforms were deemed burdensome on economic growth and many politicians espousing neoliberalism started promoting deregulation. The stated rationale for deregulation is often that fewer and simpler regulations will lead to raised levels of…
Friedrich Hayek
Ronald Reagan (left) and Margaret Thatcher (right) were responsible for the popularisation of Neoliberalism.
Ludwig Erhard
Pamphlet calling for a protest of economic policy in 1983 following the economic crisis