Rev Austrian Econ (2013) 26:355–358 DOI 10.1007/s11138-013-0206-z Angus Burgin, The great persuasion: Reinventing free markets since the depression Cambridge, MA: Harvard University Press, 2012. 320 Pages. USD 29.95 (cloth) J. Daniel Hammond Published online: 16 February 2013 Springer Science+Business Media New York 2013 Angus Burgin received the 2010 Joseph Dorfman Prize from the History of Econom- ics Society for the dissertation on which this book is based. It is an excellent history of ideas about the role of markets in society and of advocacy for free markets since the Great Depression. Until recently, historians commonly viewed American conser- vatism in psychological terms, such as Richard Hofstadter did in “The Pseudo- Conservative Revolt” (1954-55) and The Paranoid Style in American Politics (1965). The presumption was that there were no intellectual or ethical foundations for conservatism. All the intelligent people and all the good people were “progres- sives.” The Great Persuasion is a welcome addition to new work by historians who are finding and writing about the intellectual and moral foundations of conservatism. Readers of this journal may object that advocates of free markets should not be called conservatives, but rather classical liberals or libertarians. The problem of accurately labeling the
The Review of Austrian Economics – Springer Journals
Published: Feb 16, 2013
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