In an implicit recognition of the changing framework of his social philosophy, Milton Friedman had stopped referring to himself as a "neoliberal" by the late 1950s. But he, too, suffered from the terminological challenge that had been discussed ad nauseam among freemarket sympathizers since they fi rst assembled at the "Colloque Lippmann" in Paris in 1938. During his career in the public arena, Friedman never settled on a consistent term to defi ne his point of view.

Angus Burgin, The Great Persuasion, loc. 443