7 Articles by: Marshall Steinbaum

Marshall Steinbaum is assistant professor of Economics at the University of Utah and Senior Fellow in Higher Education Finance at the Jain Family Institute.

How the Right Won a Postwar Counterrevolution in Economics

The Great Depression thoroughly discredited laissez-faire economics. But over the postwar decades, with the help of generous business funding and political connections, figures like Milton Friedman led a remarkable revival of nineteenth-century economic ideas. They did it by adopting a pseudo-populist rhetoric that celebrated individual choice and autonomy.