Editing Economic rationalism (section)

==Support==
Supporters of economic rationalism have presented two kinds of responses to criticisms such as those quoted above. Some have denied that such criticisms are accurate and claim that the term refers only to rational policy formulation based on sound economic analysis, and it does not preclude government intervention aimed at [[income redistribution]], correcting [[market failure]], etc.

Others have accepted the accuracy of the description but have argued that the adoption of radical free-market policies is both inevitable and desirable. Another statement by Thatcher, "[[there is no alternative]]", is frequently cited in that context.