Front cover image for Masters of the universe : Hayek, Friedman, and the birth of neoliberal politics

Masters of the universe : Hayek, Friedman, and the birth of neoliberal politics

Daniel Stedman Jones (Author)
This work describes neoliberalism's road to power, beginning in interwar Europe but shifting its centre of gravity after 1945 to the United States, especially to Chicago and Virginia, where it acquired a simple clarity that was developed into an uncompromising political message
eBook, English, 2017
[New edition] View all formats and editions
Princeton University Press, Princeton, 2017
1 online resource
9781400851836, 1400851831
Print version :
Cover; Title; Copyright; Contents; Acknowledgments; Timeline; List of Abbreviations; Introduction; The Three Phases of Neoliberalism; Neoliberalism and History; Transatlantic Neoliberal Politics; 1. The Postwar Settlement; 2. The 1940s: The Emergence of the Neoliberal Critique; Karl Popper and ""The Open Society""; Ludwig von Mises and ""Bureaucracy""; Friedrich Hayek and ""The Road to Serfdom""; The Mont Pelerin Society and ""The Intellectuals and Socialism""; 3. The Rising Tide: Neoliberal Ideas in the Postwar Period; The Two Chicago Schools: Henry Simons, Milton Friedman, and Neoliberalism The Enlightenment, Adam Smith and NeoliberalismEconomic and Political Freedom: Milton Friedman and Cold War Neoliberalism; The German Economic Miracle: Neoliberalism and the Soziale Marktwirtschaft; Regulatory Capture, Public Choice, and Rational Choice Theory; 4. A Transatlantic Network: Think Tanks and the Ideological Entrepreneurs; The United States in the 1950s: Fusionism and the Cold War; British Conservatism in the 1950s; Neoliberal Organization in the 1950s and 1960s; The Second Wave: Free Market Think Tanks in the 1970s; Neoliberal Journalists and Politicians; Breakthrough? 5. Keynesianism and the Emergence of Monetarism, 1945-71Keynes and Keynesianism; ""A Little Local Difficulty"": Enoch Powell's Monetarism; American Economic Policy in the 1960s; Milton Friedman's Monetarism; The Gathering Storm; 6. Economic Strategy: The Neoliberal Breakthrough, 1971-84; The Slow Collapse of the Postwar Boom, 1964-71; Stagflation and Wage and Price Policies; The Heath Interregnum and the Neoliberal Alternative; The Left Turns to Monetarism, 1: Callaghan, Healey, and the IMF Crisis; The Left Turns to Monetarism, 2: Jimmy Carter and Paul Volcker's Federal Reserve Thatcherite Economic StrategyReaganomics; Conclusion; 7. Neoliberalism Applied? The Transformation of Affordable Housing and Urban Policy in the United States and Britain, 1945-2000; Postwar Low-Income Housing and Urban Policy in the United States; Postwar Low-Income Housing and Urban Policy in Britain; Jimmy Carter and the Limits of Government; Property-Owning Democracy and Individual Freedom: Housing and Neoliberal Ideas; The Reagan Administration; Council House Privatization: The Right to Buy Scheme; Transatlantic Transmissions: Reagan's Enterprise Zones Hope VI, Urban Regeneration, and the Third WayConclusion; Conclusion The Legacy of Transatlantic Neoliberalism: Faith-Based Policy; Parallelisms: The Place of Transatlantic Neoliberal Politics in History; The Apotheosis of Neoliberalism?; Reason-Based Policymaking; Notes; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; Q; R; S; T; U; V; W; Y
This edition previously issued in print: 2014