During the following decade [of the 1950s] modern economic history took a dramatic swing away from the liberal-left consensus established by the Hammonds, Tawney and the Webbs. The seminal text for this change of direction was the 1954 collection of essays compiled by F. A. Hayek, "Capitalism and the Historians". (Friedrich Hayek)

During the following decade [of the 1950s] modern economic history took a dramatic swing away from the liberal-left consensus established by the Hammonds, Tawney and the Webbs. The seminal text for this change of direction was the 1954 collection of essays compiled by F. A. Hayek, "Capitalism and the Historians".

Friedrich Hayek

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change collection consensus decade direction following history modern seminal swing take text 1950s capitalism hayek tawney

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