Chicago liberal economists by 1951 consciously saw themselves as reformulating liberalism.

Evidence

By 1951 the principal protagonists at Chicago came to see themselves as advocates of a new and distinct version of liberalism. In one instance, they even used the term neoliberalism. This suggests that the principals were conscious that a reformulation had at least begun to materialize (even as the American Road to Serfdom languished). — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1106

Categorization

• XREF: connects to: Chicago-school economists broke with classical liberalism by defending some price fixing. — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1149; Chicago economics directly inspired the financial derivatives and deregulation behind the crisis — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 497; Early Chicago economists favored regulated capitalism out of skepticism, not market faith. — Angus Burgin, The Great Persuasion: Reinventing Free…, 108 (+1 more)

Broader Connections

• Early Chicago economists favored regulated capitalism out of skepticism, not market faith. #corroborates (0.80) — Angus Burgin, The Great Persuasion, 108
• Chicago-school economists broke with classical liberalism by defending some price fixing. #qualifies (0.75) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1149
• Chicago economics directly inspired the financial derivatives and deregulation behind the crisis #complicates (0.75) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 497
• Chicago and ordoliberal monopoly views converged in the immediate postwar period #corroborates (0.70) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1085