Books and reports: The Changing Fortunes of Economic Liberalism: Yesterday Today and Tomorrow 1 February 1999, David Henderson	View PDF
David Henderson reviews the recent history of economic liberalisation and its association with ongoing technical progress, the spread of democracy and improved prospects for peace. Dating back 250 years, economic liberalism went into decline for much of the twentieth century until reforming governments, both 'left' and 'right', in every region of the world adopted programmes to liberalise their economies and make international transactions freer. However, despite the resulting improvements in economic performance, anti-liberal ideas remain strong and the fortunes of economic liberalism remain clouded.