Angus Burgin

“Early members of the society desired to establish philosophical foundations for marketplace freedoms but expressed deep skepticism toward the intolerance and irrationality of unsubstantiated political absolutes. They sought to reach out to the religious believers and the economically disadvantaged individuals whom they believed nineteenth-century market advocates had mistakenly eschewed but demonstrated hostility toward theological dogmatism and the redistributive state. They glorified the achievements of capitalism but at times expressed dismay at its cultural and moral effects. They valorized liberty but maintained the vital need for collective moral traditions. They defended capitalism as a theory of individual choice but expressed deep suspicion of the implications of political democracy.”
― Angus Burgin, The Great Persuasion: Reinventing Free Markets since the Depression