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Learning from the past: a small quibble with Fred Lee's history of American radical economics

Murphy, Jonathan Richard 2007. Learning from the past: a small quibble with Fred Lee's history of American radical economics. Review of Radical Political Economics 39 (1) , pp. 108-115. 10.1177/0486613406296931

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Abstract

Fred Lee’s history of radical economics in America between 1945 and 1970 (RRPE 36, 2) fails to address why the powerful New Deal movement disintegrated so quickly after the war. This article argues that the Soviet Union’s decision to retreat into isolationism split and effectively destroyed the American Left. Progressive but noncommunist economists including Harry White and Lauchlin Currie were isolated and easy targets for McCarthyites. The Bretton Woods institutions they had designed were effectively consigned into the hands of American imperialism.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Business (Including Economics)
Subjects: H Social Sciences > HB Economic Theory
Uncontrolled Keywords: radical economics; New Deal; McCarthyism; Marxism
Publisher: SAGE Publications
ISSN: 0486-6134
Last Modified: 10 Oct 2017 14:46
URI: http://orca.cf.ac.uk/id/eprint/39000

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