Mont Pèlerin circles shaped postwar German currency policy but lost on antitrust.

Evidence

Max Bank’s (2013) comparative study of Mont Pèlerin influence in post-WWII Germany tackles the institutionalization of the Bundesbank, the German anti-trust law, and the revaluation of the currency (challenging the Bretton Woods system). Bank details the mixed record of Mont Pèlerin circles in post-war Germany, which combines failure (with regard to anti-trust objectives in particular) with great success (with regard to revaluation). — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 29

Categorization

• XREF: The mixed German record — antitrust failure but revaluation success — maps onto the Milgrom-style institutional analysis of how advocacy networks achieve selective policy victories. — connects to: West Germany’s era marked itself by currency reform, not liberation from Nazism — Rolf Wiggershaus, The Frankfurt School: Its History,…, 1911; Mont Pelerin Society premises on monopoly underpinned the Chicago Antitrust Project — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1133; The Mont Pèlerin Society cultivated client relations with West Germany’s economics ministry — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 680
• SEED: Angle for an article: why neoliberal policy networks win on some fronts (currency) and lose on others (antitrust) — the selectivity of network influence.

Broader Connections

• Mont Pelerin Society premises on monopoly underpinned the Chicago Antitrust Project #contradicts (0.80) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1133
• The Mont Pèlerin Society cultivated client relations with West Germany’s economics ministry #expands (0.75) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 680