America in 1930 blended interventionist regulation with pro-market liberalism
Evidence
More important and influential intellectually and politically was Rueff. A renowned expert on monetary issues, he was the mastermind behind the change from the old to the new franc in 1960. He hammered home the key message of early neoliberalism throughout—that the price mechanism needs to be in place as the decisive element indicative of a liberal society, yet that this price mechanism may well live in peaceful coexistence with certain forms of state intervention (of a liberal kind) and even tariffs. In addition, he was also immensely active as a policymaker and within international organizations. And of course, he was well known as Charles de Gaulle’s economic advisor and as an ardent advocate of the gold standard. — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 389 (
#corroborates, via linked claim)
Categorization
- XREF: connects to: Early neoliberalism allowed state intervention alongside price mechanisms, even tariffs — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 389; Pre-1930s market advocates held no coherent shared doctrine — Angus Burgin, The Great Persuasion: Reinventing Free…, 46
Broader Connections
- Early neoliberalism allowed state intervention alongside price mechanisms, even tariffs
#corroborates(0.80) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 389