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Define economic liberalism and utopian

Please provides ideas/suggestions/discussion for the given questions:

1. Polany declares economic liberalism as utopian. Define "economic Liberalism" and "utopian".

2. Explain why Polanyi thinks economic Liberalism is utopian, and indicate what evidence Polanyi offers for this claim.

3. Critically evaluate Polanyi's claim. Is he right??

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Macroeconomics: Define economic liberalism and utopian

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