success: It was an insight Friedman and his co-thinkers deployed with great success to seed the ideological beginnings of neoliberalism, according to The Guardian. Laissez-faire economics lay discredited after the Great Depression and the resulting rise in extremism, and then the success of wartime planning and the rise of the left. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. But Friedman and his allies refused to give up, meeting in the picturesque Swiss village of Mont P lerin in 1947 to prepare an intellectual fightback. Thinktank calls for major overhaul of Britain's economy Read more The left did not learn from its opponents. When crisis did indeed come, three decades later, the ideological foundations for what became known as Thatcherism and Reaganism had already been constructed.
(news.financializer.com). As
reported in the news.
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