When a key group of concerned neoliberal intellectuals associated with Friedrich August von Hayek met in 1947 to start up the Mont Pèlerin Society, the “Third World” was not present on the agenda of the founding conference. … “The only major new subject introduced after 1947,” stated MPS member and historian Max Hartwell (1995, 39), “was underdevelopment, about which, especially in the papers of P. Bauer and S. H. Frankel, there was omniscient understanding.”

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 1260