Yet, Matthias Schmelzer shows that, while the core faith in the right of capital to move across borders was shared by all neoliberals, the debate over monetary order split the Mont Pèlerin Society into warring factions in the 1950s and 1960s as the older gold bugs faced off against the younger advocates of floating, including Milton Friedman.

Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, loc. 41