Bretton Woods' fixed but adjustable exchange rates, the dominance of Keynesian macroeconomics, and the increasing limitation of the price mechanism's scope by welfare state practices and various plans within the European reconstruction process might have motivated some early neoliberals to purify their doctrine and to gather their strength in the MPS (see Matthias Schmelzer's contribution to this volume), while others remained powerful policy-makers, for example Marjolin, and tolerated a more pragmatic approach. Yet this purification must be seen as one of many possible outcomes of the original Agenda of Liberalism from 1938, not as an ironclad inevitability.

Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, loc. 405