 At the meeting, the term neoliberalism was coined by Alexander Rüstow referring to the rejection of the (old) "laissez-faire" liberalism.The colloquium was named after American journalist Walter Lippmann.Lippman's 1937 book "An Enquiry into the Principles of the Good Society" had been translated into French as "La Cité libre" and was studied in detail at the meeting.