The Politics of Market Liberalism in the Eighties: Blue Smoke and Mirrors?

John L Kelley
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John L Kelley: Shawnee State University

Chapter 5 in Bringing the Market Back In, 1997, pp 145-183 from Palgrave Macmillan

Abstract: Abstract In 1980 market liberals had a choice between Libertarian and Republican Presidential candidates, both exploiting the crisis of Vital Center liberalism and committed to freer markets, lower taxes, stable money, and a roll-back of the welfare state. Beyond these programmatic goals the two candidates shared little. Ronald Reagan’s orientation was towards the past; his rhetoric evoked images of a vanishing American economic and military pre-eminence that he promised to restore. The Libertarian, Ed Clark, looking to the future, projected a vision of a libertarian Utopia and sought to catalyze a political revolution.

Keywords: Public Choice; Government Spending; Balance Budget; Money Growth; Reagan Administration (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37270-2_5

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DOI: 10.1057/9780230372702_5

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