Hayekism
Hayekism noun: an economic ideology that emphasizes unregulated markets and the abandonment of welfare.
Noun
Hayekism (uncountable)
- An economic ideology that emphasizes unregulated markets and the abandonment of welfare.
- The vision was of a low tax, low regulation society where the richest are freed to unleash their awesome talents and make themselves even richer. According to this vision – whether you call it Hayekism, ultra-Thatcherism, Reaganism or economic libertarianism – when the fortunate few at the top soar...2022 October 20, Jonathan Freedland, “Truss has discredited high-octane, free-market economics - perhaps for ever”, in The Guardian
Origin of Hayekism
From Hayek + -ism. Named after Friedrich Hayek (1899–1992), Austrian-British economist, legal theorist and philosopher.
Questions about Hayekism
- What does Hayekism mean?
- Hayekism means an economic ideology that emphasizes unregulated markets and the abandonment of welfare.
- What part of speech is Hayekism?
- Hayekism is a noun.
Words near Hayekism in the dictionary
Source and license
Adapted from Wiktionary: Hayekism (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “Hayekism.” Word.ws, https://word.ws/hayekism. Based on Wiktionary, CC BY-SA 4.0.
