It may be argued that the Mont Pelerin Society's most influential moment came somewhat earlier when scholars like Machlup and Friedman advised Nixon on flexible exchange rates to replace the gold exchange standard following the collapse of the Bretton Woods Agreement. We are grateful to a referee for pointing this out.
This tradition does, of course, still continue in practice today, as a necessary tool for everyday microeconomic analysis.
Clower Robert & Leijonhafvud Axel , 'The coordination of economic activities: a Keynesian perspective ' (1975 ) 65 (2 ) American Economic Review : 182 -188.
European Union 2007 Financial supervision and crisis management in the EU, European Parliament Committee on Economic and Monetary Affairs, IP/A/ECON/IC/2007-069.
Haldane Andrew G. 2009a Why banks failed the stress test, Bank of England, URL: http://www.bankofengland.co.uk/publications/speeches/2009/speech374.pdf
Haldane Andrew G. 2009b Small lessons from a big crisis, Bank of England, URL: http://www.bankofengland.co.uk/publications/speeches/2009/speech397.pdf
Hay Colin , 'The normalising role of rationalist assumptions in the institutional embedding of neoliberalism ' (2004 ) 33 (4 ) Economy and Society : 500 -527.
Konings Martijn , 'Rethinking neoliberalism and the subprime crisis: beyond the re-regulation agenda ' (2009 ) 13 (2 ) Competition and Change : 108 -127.
Minsky Hyman P. 1992 The financial instability hypothesis, Levy Institute Working Paper No 74, URL: http://www.levyinstitute.org/pubs/wp74.pdf
Mirowski Philip , More Heat than Light: Economics as Social Physics, Physics as Nature's Economics , (Cambridge University Press , Cambridge, UK 1989 ).
Mirowski Philip & Plehwe Dieter , The Road from Mont Pelerin: The Making of the Neoliberal Thought Collective , (Harvard University Press , Cambridge, MA 2009 ).
Mont Pelerin Society 2005 Inventory of the General Meeting Files (1947–1998), Liberaal Archief, Ghent, Belgium, URL: http://www.liberaalarchief.be/MPS2005.pdf
Posner Richard A. , A Failure of Capitalism: The Crisis of ’08 and the Descent into Depression , (Harvard University Press, Cambridge, MA and London, UK 2009 ).
Rosenberg Alexander , Economics: Mathematical Politics or Science of Diminishing Returns? , (University of Chicago Press, Chicago and London 1992 ).
Slattery David & Nellis Joseph G. , 'Rethinking the role of regulation in the aftermath of the Global Financial Crisis: the case of the UK ' (2011 ) LVIII (3 ) Panoeconomicus : 407 -423.
Smith Eric & Foley Duncan K. , 'Classical thermodynamics and economic general equilibrium theory ' (2008 ) 32 (1 ) Journal of Economics and Control : 7 -65.
Tett Gillian , Fool's Gold: How Unrestrained Greed Corrupted A Dream, Shattered Global Markets and Unleashed a Catastrophe , (Little, Brown, London 2009 ).
Van Horn Rob , 'Reinventing monopoly and the role of corporations: the roots of Chicago law and economics ', in Philip Mirowski & Dieter Plehwe (eds), The Road from Mont Pelerin: The Making of the Neoliberal Thought Collective , (Harvard University Press , Cambridge, MA 2009 ) 204 -237.