It works because it works
If you haven't already come across it, I do recommend Tim Worstall's site for a daily refresher in economics good sense. I liked this today:
Glad we've got that sorted out then. "Neo-liberal economic thinking" prevails simply because it works. Excellent.Martin Jacques:
"It is no surprise that neoliberal economic thinking still predominates. New Labour enthusiastically embraced the central tenets of Thatcherism and has presided over an extremely long boom."