Editing Economic rationalism (section)

== Criticism ==
The term "economic rationalism" is commonly used in criticism of [[free-market]] economic policies as amoral or asocial. In this context, it may be summarised as "the view that commercial activity... represents a sphere of activity in which moral considerations, beyond the rule of business probity dictated by [[enlightened self-interest]], have no role to play" (Quiggin 1997).

The well-known statement of [[Margaret Thatcher]], "There is no such thing as society. There are individuals, and there are families," is often quoted in that context, but the interpretation of that statement is disputed.