Read this short post from Arnold Kling. He is spot on. I have not seen “classical liberals” make any dent toward raising the status and thinking about market oriented principles. All of the influence that the classical liberals have had has been on the social side of things. Not that this is all bad, it is just that the social side of things is easily hijacked, and the classical liberals find themselves in the awkward position of providing legitimate intellectual cover for what will ultimately be a dramatic expansion of the state and further intrusions upon our lives.