Capitalism and Freedom originated as a Volker Fund project delivered a decade late

Evidence

Capitalism and Freedom, a corporate neoliberal version of Road to Serfdom, appears to have finally provided Luhnow with the book he had arguably paid for many times over. The Preface to the book reveals it is a Volker product through and through, although it neglects to mention the Free Market Study, or indeed, any of the rest of events we have related herein. The fact that the author was Friedman, and that publication took so long, reveals the patience, flexibility, and tenacity of the Volker Fund in pursuit of their political objectives. Not only did they get a document that recast conservative politics in a mold much different from that pioneered by Henry Simons, but also one that Luhnow would find more salubrious. — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 793

Categorization

• XREF: Reveals the institutional production history behind a foundational neoliberal text; connects to the MPS network formation story. — connects to: The Volker Fund replaced its support for the MPS with its own conference program. — Angus Burgin, The Great Persuasion: Reinventing Free…, 321; The Volker Fund redirected a charity into American conservative intellectual politics — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 716; The Volker Fund bankrolled FEE as a libertarian propaganda outlet — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 758 (+4 more)

Broader Connections

• Neoliberal funders treated policy influence as a vertically integrated production pipeline #expands (0.80) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 127
• The Chicago School was founded by Simons and Hayek with Volker Fund money #corroborates (0.80) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 155
• The Volker Fund continued active oversight of Chicago work after project launch #responds-to (0.75) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 856