Long associated with the "Chicago" and "public choice" schools of thought, Friedman, Buchanan, Hayek, and others have consistently repudiated Keynesian principles. They have steadfastly opposed social welfare policies and regulation of private enterprise, championing instead the free market as a mechanism for ordering society.
In this book Conrad Waligorski analyzes the political content of the conservative economists' arguments. In so doing, he illuminates the political, economic, and philosophical ideas behind and justification for the laissez-faire policy--the reduced regulation, intervention, and welfare favored by conservative governments in the United States, Canada, and Britain.