Thomas Frank: We're Not All Friedmanites Now

August 20, 2008; Page A17

Once upon a time there was a master narrative, and a neater little theory-of-everything you never did see. In its 19th century heyday it rationalized the having of the haves and commanded the deference of the have-nots; it spoke from the pulpit, the newspaper and the professor's chair.

Its name was market, and to slight it in even the smallest way was to take your professional life into your hands. In 1895, the economist Edward Bemis found this out when he was dismissed from John D. Rockefeller's University of Chicago thanks to his "attitude on public utility and labor questions," as he put it in a letter to Upton Sinclair. Professors elsewhere paid the same price for intellectual independence.