Between the two World Wars, liberalism was challenged under many respects. Many intellectuals and several economists took an active part in the attempt to found a new strategy for the survival of the liberal values. Among them, some participated into the reflections that led, after WWII, to the...

Using Adam Smith’s notion of an 'invisible hand', this extraordinary contribution identifies dogmatic versus pragmatic views of free markets. Published posthumously, with new contributions by Rod O’Donnell, Daniel B. Klein and Christopher Torr, this book outlines Mittermaier’s main thesis...