Naturalizing the market on the road to revisionism: Bruce Caldwell'sHayek's challengeand the challenge of Hayek interpretation

Bruce Caldwell's Hayek's Challenge should be welcomed as the first serious book on one of the most important thinkers of the twentieth century. However, this review begins by pointing out a number of curious omissions and silences concerning Hayek's career in the book. We propose that the key to understanding the turns and reversals in his thought lay in his politics, and not as Caldwell has it, in some abstract philosophical doctrines. Central to that thesis is Hayek's fostering the development of Neoliberalism through such institutional structures as the Mont Pèlerin Society.