William E. Connolly Quotes & Sayings

Those theorists who complain repeatedly about the "externalities" that have messed up their model by fomenting this or that untoward event, before returning to the purity of the model, suffer from a debilitating disease: they act as if the models would work if only the world did not contain so many "outside" factors that are, in fact, imbricated and entangled in a thousand ways with the practices they study. — William E. Connolly

With the growth of market individualism comes a corollary desire to look for collective, democratic responses when major dislocations of financial collapse, unemployment, heightened inequality, runaway inflation, and the like occur. The more such dislocations occur, the more powerful and internalized, Hayek insists, neoliberal ideology must become; it must become embedded in the media, in economic talking heads, in law and the jurisprudence of the courts, in government policy, and in the souls of participants. Neoliberal ideology must become a machine or engine that infuses economic life as well as a camera that provides a snapshot of it. That means, in turn, that the impersonal processes of regulation work best if courts, churches, schools, the media, music, localities, electoral politics, legislatures, monetary authorities, and corporate organizations internalize and publicize these norms. — William E. Connolly