"[Obama's] unwillingness to respond to the financial crisis in a more interventionist way seems to have been grounded in a genuine belief that doing so would have made things worse."
Being nice to big business is not "neoliberal. TARP (becasue it was in part "troubled equity holders recovery program") was not "neo-liberal." Bagehot is Neo liberal. Or at least Bagehot is our "that which cannot be named," (Maybe we can come with a tetragrammaton.)
"[Obama's] unwillingness to respond to the financial crisis in a more interventionist way seems to have been grounded in a genuine belief that doing so would have made things worse."
Being nice to big business is not "neoliberal. TARP (becasue it was in part "troubled equity holders recovery program") was not "neo-liberal." Bagehot is Neo liberal. Or at least Bagehot is our "that which cannot be named," (Maybe we can come with a tetragrammaton.)
“The bankers are fearful, and fragile snowflakes you must be considered”—say what you will of it, but at least it is an ethos!