Economic Rationalism Economic rationalism is for some, a Darwinian philosophy-survival of the fittest-and is therefore a brutal one. It would say for example, that government at all levels cannot deliver services as efficiently as the private sector, therefore it should have had no part of Telstra-it should have been fully sold off. However if that line is held, then because the private sector is profit-driven, it follows, that there should be no Telstra service in …showed first 75 words of 1921 total…

…showed last 75 words of 1921 total…to rescue Australia, (Melbourne, 1992). Edwards, J. "Economic history and economic policy: assessing Paul Keating's eight years as Treasurer', Australian Economic History Review (1993), pp.29-41. Head, B., 'The labor government and 'economic rationalism', Australian Quarterly, 60, (1998) pp 466-477. Manne, R., 'The rift in conservative politics', in J. Carroll and R. Manne (eds), Shutdown: the failure of economic rationalism and how to rescue Australia, (Melbourne, 1992). Pusey, M., Economic rationalism in Canberra: a nation-building state changes its mind, (Melbourne, 1991).