The Intellectual Origins of Neoliberalism: From Hayek to Friedman and Beyond

Introduction The term neoliberalism emerged in the mid-20th century as an effort to revive and revise classical liberalism in the face of economic crises and totalitarian regimes.  Early neoliberals sought a “third way” between laissez-faire capitalism and state socialism, combining belief in free markets with a framework of legal and social institutions.  A seminal moment … Continue reading The Intellectual Origins of Neoliberalism: From Hayek to Friedman and Beyond