Manuel Fraga Iribarne, Franco’s outspoken minister of tourism and information, was at the forefront of the regime’s gradual embrace of free-market ideology. A great admirer of Carl Schmitt, Fraga, the eventual founder of the PP, at first despised right-wing economists such as Friedrich Hayek, Ludwig von Mises, and Wilhelm Röpke for their anti-statism; after the transition to democracy, however, his desire to make a mainstream right-wing party compelled him to adopt economic liberalism, leading to the creation of the PP, which is today the ruling party in Spain. Fraga embodied this Francoist tension between newfangled economic liberalism and National Catholicism that still honeycombs the Spanish right.