The professor identified another commonality in the success stories: “In no case were reforms brought on by popular demand for market-oriented ideas.” The pro-liberty cause faced the same problem it always had: it wanted a radical transformation that “find[s] little or no support” among the people. Cowen delivered the action implication of its minority following without mincing words: “If American political institutions render market-oriented reforms too difficult to achieve, then perhaps those institutions should be changed.”
