Free-market economists saw themselves as doomed defenders of a dying creed.
Evidence
Economists who supported the freeenterprise system perceived themselves to be the fi nal defenders of a social philosophy that was in the midst of passing away. — Angus Burgin, The Great Persuasion, 41
Categorization
- XREF: connects to: American economists saw depressions as regular, self-correcting features of capitalism — Mark Blyth, Austerity: The History of a Dangerous…, 321; Interwar British free market economics faced contempt from mainstream figures — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 401; Market liberalism lost ground because it was cast as status-quo defense — Angus Burgin, The Great Persuasion: Reinventing Free…, 491 (+1 more)
Broader Connections
- Interwar British free market economics faced contempt from mainstream figures
#exemplifies(0.85) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 401 - Market liberalism lost ground because it was cast as status-quo defense
#complicates(0.78) — Angus Burgin, The Great Persuasion, 491