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The Great Persuasion: Reinventing Free Markets since the Depression (2012) {=IMPAVIDUS=}

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Description

 							
  
  Book Description:
  
  Just as
today's observers struggle to justify the workings of the free market in the wake of a global economic crisis, an
earlier generation of economists revisited their worldviews following the Great Depression. The Great Persuasion is an
intellectual history of that project. Angus Burgin traces the evolution of postwar economic thought in order to
reconsider many of the most basic assumptions of our market-centered world.
  
  Conservatives often point to
Friedrich Hayek as the most influential defender of the free market. By examining the work of such organizations as the
Mont Pèlerin Society, an international association founded by Hayek in 1947 and later led by Milton Friedman, Burgin
reveals that Hayek and his colleagues were deeply conflicted about many of the enduring problems of capitalism. Far from
adopting an uncompromising stance against the interventionist state, they developed a social philosophy that admitted
significant constraints on the market. Postwar conservative thought was more dynamic and cosmopolitan than has
previously been understood.
  
  It was only in the 1960s and '70s that Friedman and his contemporaries
developed a more strident defense of the unfettered market. Their arguments provided a rhetorical foundation for the
resurgent conservatism of Barry Goldwater and Ronald Reagan and inspired much of the political and economic agenda of
the United States in the ensuing decades. Burgin's brilliant inquiry uncovers both the origins of the contemporary
enthusiasm for the free market and the moral quandaries it has left behind.
  
  Product Details:
  
  PDF: 314 pages
  Publisher: Harvard University Press (September 24,
2012)
  Language: English
  ISBN-10: 0674058135
  ISBN-13: 978-0674058132
  Amazon Link:
http://www.amazon.com/The-Great-Persuasion-Reinventing-Depression/dp/0674058135 
  
  Content Details:
  
  
  
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