Comprehensive organizational analysis reveals Hoover Institution as unique conservative think tank exploiting Stanford University affiliation for academic credibility while advancing corporate-conservative agenda. Founded in 1919 by Herbert Hoover as library, the institution transformed into policy …
Hoover InstitutionHerbert HooverStanford UniversityRonald ReaganGeorge Shultz+4 moreorganizational-profileacademic-credibilitythink-tank-infrastructurereagan-administrationconservative-economics+2 more
On August 13, 1981, President Ronald Reagan signed the Economic Recovery Tax Act (ERTA) into law, enacting one of the largest tax cuts in American history. The Act reduced the highest marginal individual income tax rate from 70% to 50% and the lowest rate from 14% to 11%, implementing an …
Ronald ReaganJack KempWilliam RothDavid StockmanHeritage Foundation+3 moretax-policyreagan-administrationsupply-side-economicscorporate-corruptionwealth-transfer+4 more
In the aftermath of the 1973 Chilean coup, the Chicago Boys, a group of economists trained by Milton Friedman at the University of Chicago, began implementing radical free-market economic reforms under Augusto Pinochet’s dictatorship. Their ‘shock therapy’ approach involved rapid …
Milton FriedmanArnold HarbergerAugusto PinochetThe Chicago BoysAmartya Seneconomic-shock-therapyneoliberalismchile-economic-policypsychological-manipulationinstitutional-capture
Economist Milton Friedman publishes his landmark essay ‘A Friedman Doctrine: The Social Responsibility of Business is to Increase Its Profits’ in The New York Times Magazine, establishing the intellectual foundation for shareholder primacy and profit maximization as the sole corporate …
Milton FriedmanChicago School economistscorporate-powereconomic-policywealth-extractionideologyshareholder-primacy
The William Volker Fund closes after serving as the primary libertarian organization with significant funding throughout the 1940s-1950s, having played a key role in developing the modern libertarian movement by financing the Chicago School of economics, the Mont Pelerin Society, and free-market …
William Volker FundHarold LuhnowHoover InstitutionInstitute for Humane StudiesF.A. Harper+5 morevolker-fundchicago-schoollibertarian-fundingcorporate-philanthropyhoover-institution
Friedrich Hayek organizes the founding conference of the Mont Pelerin Society in Switzerland, establishing an international network of free-market economists and intellectuals that becomes the intellectual foundation for neoliberal economic policy worldwide. The William Volker Fund provides crucial …
Friedrich HayekMilton FriedmanLudwig von MisesWilliam Volker FundHarold Luhnow+3 moremont-pelerin-societyvolker-fundfree-market-ideologychicago-schoolcorporate-funding+2 more