In 1946, Leonard Read, a businessman and important figure in the postwar right, had obtained a loan from the Volker Fund to purchase property in Irvington, New York and create the Foundation for Economic Education (FEE), an organization the Volker Fund subsidized for many years. Read tended to see the world in black and white, which was why he had earned Luhnow's trust: "There was no big tent in Read's world. There was only a core group of ideas. You could either take them or leave them . . . ." Not surprisingly, Read advocated an inflexible stratagem for defeating socialism: "to move beyond denunciation to 'upholding its opposite . . . expertly, proudly, attractively, persuasively'" (quoted in Hoover 2003, 188). Apparently, the late Simons was not judged sufficiently infused with political virtue for Read, because he would shortly criticize Simons's posthumously published Economic Policy for a Free Society: Some of us here have carefully gone over the galleys of "Economic Policy for a Free Society" by Henry Simons.

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 758