Great Persuasion

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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. Angus Burgin traces the evolution of postwar economic thought… Celý popis ↓

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Great Persuasion

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. 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. The Great Persuasionis an intellectual history of that project.

Far from adopting an uncompromising stance against the interventionist state, By examining the work of such organizations as the Mont P lerin 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.

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