By 1972 the efficiency debate over planning versus markets was already settled

Evidence

The problem, he believed, was that they were still fi ghting a battle that they had already effectively won. “To think eco nom ical ly has come to mean thinking along lines established by the socalled ‘Chicago School,’ ” he told the meeting participants. “So I think one can say that this ideological battle is over, and the dispute over the relative economic merits of central planning vis-à- vis the market has been settled.” — Angus Burgin, The Great Persuasion, 530

Categorization

• QUESTION: If the ideological battle was already ‘won’ by 1972, what does that imply for the standard narrative that neoliberalism triumphed only in the 1980s-2008?