A panel of commentators brought together by Project Syndicate (4 June 2024) including Mehrsa Baradaran, Anne O. Krueger, Mariana Mazzucato, Dani Rodrik, Joseph E. Stiglitz, and Michael R. Strain are asked to respond to “What comes after neoliberalism?”
The steep tariff increases on Chinese goods that US President Joe Biden’s administration recently announced are just the latest in a long string of interventionist economic policies that fly in the face of decades of neoliberal orthodoxy. And the Biden administration is hardly alone: a growing number of governments, economists, and institutions are rethinking the free-market doctrine to which they long subscribed.