Why did neoconservatives join forces with neoliberals? Irving Kristol from critic to ally of free-market economics

2018 ◽  
pp. 1-16 ◽  
Author(s):  
Jacob Hamburger ◽  
Daniel Steinmetz-Jenkins
Keyword(s):  
Free Market ◽  
Market Economics

Introduction: a new apology for the builder

2018 ◽  
pp. 1-25
Author(s):  
Conor Lucey
Keyword(s):  
Seventeenth Century ◽  
Architectural Design ◽  
Free Market ◽  
British Atlantic ◽  
Extended Analysis ◽  
Building Community ◽  
British Atlantic World ◽  
Systemic Problems ◽  
New Literature ◽  
Market Economics

Borrowing its title from the notorious seventeenth-century speculative builder Nicholas Barbon’s seminal work on free market economics, published in 1685, the introduction offers a new apology for a much-maligned member of the architectural community: the building artisan. Taking the form of a discursive chapter in its own right, it weaves together a critical literature review with an extended analysis of the artisan’s place within architectural, design and cultural histories. Topics include the adverse effect of eighteenth and nineteenth-century criticisms of the building community on modern scholarship, distinctions between intellectual and manual labour in the eighteenth and early nineteenth centuries, and the systemic problems arising from a new literature devoted to British Atlantic world studies.

Welfare and Punishment in a ‘Stark Utopia’ (1979–2015)

2021 ◽  
pp. 13-26
Author(s):  
Ian Cummins
Keyword(s):  
Political Development ◽  
Free Market ◽  
Direct Result ◽  
Human History ◽  
Global System ◽  
System A ◽  
Starting Point ◽  
Stage Development ◽  
Post War ◽  
Market Economics

Polanyi (1957) described the notion of a self-regulating global system a “stark Utopia.” This chapter uses this as a starting point to examine the broad themes in the development of welfare and penal policy in a period dominated by free market economics Fukuyama (1992) presents the triumph of free market economics as an inevitable conclusion of trends in human history. It is also presented as the final stage development has ceased or is complete. Polanyi’s analysis is presented a counterpoint to this analysis. Polanyi asserts the primacy of politics. Thus, it is impossible to separate economic and political development. Prosperity of the post war period can thus be viewed as a direct result of the advances in politics and civil society that occurred in the period.

THE RADICAL CONSERVATISM OF FRANK H. KNIGHT

2009 ◽  
Vol 6 (3) ◽  
pp. 513-538 ◽  
Author(s):  
ANGUS BURGIN
Keyword(s):  
Free Market ◽  
Radical Change ◽  
University Of Chicago ◽  
The University ◽  
Market Economics

This article examines the most prominent interwar economist at the University of Chicago, Frank Knight, through the lens of a controversial 1932 lecture in which he exhorted his audience to vote Communist. The fact that he did so poses a historical problem: why did the premier American exponent of conservative economic principles appear to advocate a vote for radical change? This article argues that the speech is representative of Knight's deliberately paradoxical approach, in which he refused to praise markets without adding caveats about their substantial limitations, and expressed support for freedom of discussion alongside his skepticism of the public's capacity to exercise the privilege. In parsing these tensions, the article revises the conventional interpretation of Knight, illuminates the contested environment within which postwar free-market economics emerged, and reexamines a restrained defense of capitalism that has been largely forgotten in the subsequent years.

Recession and Economic Revival in Britain: The Role of Policy in the 1930s and 1980s

1999 ◽  
Vol 8 (1) ◽  
pp. 1-27 ◽  
Author(s):  
Michael Kitson
Keyword(s):  
Economic Growth ◽  
Economic Performance ◽  
Free Market ◽  
Growth Potential ◽  
Demand Side ◽  
Alternative Perspective ◽  
Long Run ◽  
The Uk ◽  
Market Economics

During the 1980s economic policy in the UK increasingly embraced free-market economics. For many, this was a necessary shift which improved economic performance, whereas previous periods of increased intervention, such as the 1930s, had harmed the UK economy. This article takes an alternative perspective. It argues that economic revival in the 1930s was primarily policy-induced; whereas economic growth in the 1980s can be largely explained by the unintentional demand side-effects of policy, with many of the free-market policies having, at best, a neutral impact and, in some cases, harming the long-run growth potential of the economy.

Conclusion

The 1970s ◽  
2011 ◽  
Author(s):  
Thomas Borstelmann
Keyword(s):  
Free Market ◽  
Public Life ◽  
Social Hierarchy ◽  
Deep Roots ◽  
Market Values ◽  
American Values ◽  
Politics And Culture ◽  
Formal Equality ◽  
The Relationship ◽  
Market Economics

This concluding chapter gives a brief overview of the dominant contemporary American values of formal equality and free-market economics after the 1970s. It also considers the relationship between two developments: the simultaneous flowerings of egalitarianism and free-market values. Both commitments had deep roots in the American past and had long helped shape the nation's politics and culture. The shedding of formal systems of social hierarchy was a continuing process, one that did not begin in the 1970s but did accelerate dramatically during that decade. In addition, the chapter considers other areas of American public life that has changed since the 1970s.

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