As the sons of immigrants Baroody saw America as a land of opportunity, and at the Chamber of Commerce he learned that "competition of ideas is fundamental to a free society." He rejected the statism of the [[New Deal]], fearing the growth of governmental regulation and bureaucracy and the centralization of power in Washington. He soon signed up young, brilliant conservative economists including [[Milton Friedman]], [[Gottfried Haberler]], [[Paul W. McCracken]], and [[Glenn Campbell]]. In 1962, Baroody became president of the association and changed its name to the American Enterprise Institute for Public Policy Research.. | As the sons of immigrants Baroody saw America as a land of opportunity, and at the Chamber of Commerce he learned that "competition of ideas is fundamental to a free society." He rejected the statism of the [[New Deal]], fearing the growth of governmental regulation and bureaucracy and the centralization of power in Washington. He soon signed up young, brilliant conservative economists including [[Milton Friedman]], [[Gottfried Haberler]], [[Paul W. McCracken]], and [[Glenn Campbell]]. In 1962, Baroody became president of the association and changed its name to the American Enterprise Institute for Public Policy Research.. |