The term neoliberalism was apparently coined at the Colloque Walter Lippmann in Paris in 1938 (Denord 2001; also Chapter 1 in this volume; Lemke, 2001, 204) to herald the appearance of a new orientation toward the previous liberal tradition. The term was also briefly entertained by Milton Friedman (1951) to indicate the ambitions of Chicago and Mont Pèlerin. Interesting here are the repeated evocations of neoliberalisms before the fact, since it is our impression that much of the content and practice of the new position was in fact progressively worked out over the period 1946–1980, but not exclusively at Chicago and MPS.

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 775