This book examines the process by which Keynesianism, with its sympathetic view of the role of government in the economy and society, lost influence among economists and policy makers and was replaced by more negative views about government intervention and more positive views about the role of the market as a social organizer.
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Robert Leeson is a prolific historian of economic thought who has published or edited more than twenty books on Milton Friedman, A.W.H. Phillips, and Friedrich Hayek.