The post critiques Matt Yglesias's view of neoliberalism, especially his preference for technocratic policy-making that prioritizes economic growth and market efficiency. It argues that while this approach had its strengths, it also created serious issues like climate change, bank crises, and geopolitical risks. The author emphasizes that these complex problems require more nuanced solutions than cost-benefit analyses. The discussion extends to how neoliberal policies affected U.S. trade and security, particularly in relation to China, suggesting that returning to previous technocratic methods is unrealistic and incomplete.
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