How the Right Won a Postwar Counterrevolution in Economics

The Great Depression thoroughly discredited laissez-faire economics. But over the postwar decades, with the help of generous business funding and political connections, figures like Milton Friedman led a remarkable revival of nineteenth-century economic ideas. They did it by adopting a pseudo-populist rhetoric that celebrated individual choice and autonomy.

Source: How the Right Won a Postwar Counterrevolution in Economics

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