Free-market advocacy was politically marginal in Britain until the late 1970s

Evidence

The Conservative Party continued in power until 1964, so that the advocacy of markets and economic liberty cultivated by Harris and Seldon placed them on the fringes of British politics—perhaps not quite like the League of Empire Loyalists or Moral Rearmament, but not far off. Fifteen years later this picture would dramatically change, of course. — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 420

Categorization

  • XREF: Challenges the teleological read-back of Thatcherism onto postwar Britain; echoes the contingency emphasized throughout this MPS history. — connects to: British neoliberalism inverted the traditional priority of political over economic freedom — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 154; Interwar British free market economics faced contempt from mainstream figures — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 401; Think tanks slowly displaced Keynesianism with free-market doctrine in Britain — Hall, Stuart, Essential Essays, Volume 1, 1108 (+2 more)

Broader Connections