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Constructions of Neoliberal Reason$
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Jamie Peck

Print publication date: 2010

Print ISBN-13: 9780199580576

Published to Oxford Scholarship Online: January 2011

DOI: 10.1093/acprof:oso/9780199580576.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 18 September 2021

Finding the Chicago School

Finding the Chicago School

(p.82) 3 Finding the Chicago School
Constructions of Neoliberal Reason

Jamie Peck

Oxford University Press

This chapter presents a critical analysis of the rise and reconstruction of the Chicago School of Economics. The Chicago School is widely credited, by friends and foes alike, as a cradle of the neoliberal movement. It positions ‘Chicago’ within the ideational and ideological networks of the neoliberal project, tracing its various connections to centers of political power and economic expertise. The ambivalent relationship between the Chicago School and the city that supplied its name is shown to find an echo in the character of neoliberalism as a fickle and ostensibly ‘disembedded’ political project, which seeks to foster placeless and ‘portable’ policy rationalities. Even if Chicago was not the singular birthplace of neoliberalism, the distinctive contributions of Milton Friedman and his colleagues at the University of Chicago shaped one of the most vibrant strains of free-market theory.

Keywords:   Chicago School of Economics, neoliberal movement, monetarism, Chicago, Milton Friedman, University of Chicago

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