What is classical liberalism?
The History of Classical Liberalism
Chomsky on Classical Liberalism, Freedom, & Democracy
Schools of Thought in Classical Liberalism, Part 1: Introduction
Milton Friedman on Classical Liberalism
The Decline and Triumph of Classical Liberalism, Part 2
Ten Principles of Classical Liberalism
Classical Liberalism 101
Classical Liberalism vs. American Liberalism (Drive Home History #3)
The Decline and Triumph of Classical Liberalism, Part 1
Understanding Classical Liberalism
Hoppe in Sydney 2011: "The State - The Errors of Classical Liberalism"
Week 3 Classical Liberalism
Schools of Thought in Classical Liberalism, Part 2: Milton Friedman and the Chicago School
What is classical liberalism?
The History of Classical Liberalism
Chomsky on Classical Liberalism, Freedom, & Democracy
Schools of Thought in Classical Liberalism, Part 1: Introduction
Milton Friedman on Classical Liberalism
The Decline and Triumph of Classical Liberalism, Part 2
Ten Principles of Classical Liberalism
Classical Liberalism 101
Classical Liberalism vs. American Liberalism (Drive Home History #3)
The Decline and Triumph of Classical Liberalism, Part 1
Understanding Classical Liberalism
Hoppe in Sydney 2011: "The State - The Errors of Classical Liberalism"
Week 3 Classical Liberalism
Schools of Thought in Classical Liberalism, Part 2: Milton Friedman and the Chicago School
Classical Liberalism, The Founding Fathers, and Transition to Modern Liberalism
Noam Chomsky on Enlightenment, Classical Liberalism, Anarchism (2/8)
Classical Liberalism | Ralph Raico
Schools of Thought in Classical Liberalism, Part 5: Natural Rights
Schools of Thought in Classical Liberalism, Part 6: Anarcho-Capitalism
Schools of Thought in Classical Liberalism, Part 3: Public Choice
Schools of Thought in Classical Liberalism, Part 7: Conclusion: What's Your View?
Marxism trumps Classical Liberalism
Noam Chomsky On Classical Liberalism, Libertarian Socialism, State Socialism, and State Capitalism
Classical liberalism is the philosophy committed to the ideal of limited government, constitutionalism, rule of law, due process, and liberty of individuals including freedom of religion, speech, press, assembly, and free markets.
Classical liberalism developed in the 19th century in Europe and the United States. Although classical liberalism built on ideas that had already developed by the end of the 18th century, it advocated a specific kind of society, government and public policy as a response to the Industrial Revolution and urbanization. Notable individuals whose ideas have contributed to classical liberalism include John Locke, Jean-Baptiste Say, Thomas Malthus and David Ricardo. It drew on the economics of Adam Smith and on a belief in natural law, utilitarianism, and progress.
There was a revival of interest in classical liberalism in the 20th century led by Ludwig von Mises, Friedrich Hayek and Milton Friedman. Some call the modern development of classical liberalism "neo-classical liberalism," which argued for government to be as small as possible in order to allow the exercise of individual freedom, while some refer to all liberalism before the 20th century as classical liberalism.
Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist, statistician, and author who taught at the University of Chicago for more than three decades. He was a recipient of the Nobel Memorial Prize in Economic Sciences, and is known for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy. As a leader of the Chicago school of economics, he influenced the research agenda of the economics profession. A survey of economists ranked Friedman as the second most popular economist of the twentieth century behind John Maynard Keynes, and The Economist described him as "the most influential economist of the second half of the 20th century…possibly of all of it."
Friedman's challenges to what he later called "naive Keynesian" (as opposed to New Keynesian) theory began with his 1950s reinterpretation of the consumption function, and he became the main advocate opposing activist Keynesian government policies. In the late 1960s he described his own approach (along with all of mainstream economics) as using "Keynesian language and apparatus" yet rejecting its "initial" conclusions. During the 1960s he promoted an alternative macroeconomic policy known as "monetarism". He theorized there existed a "natural" rate of unemployment, and argued that governments could increase employment above this rate (e.g., by increasing aggregate demand) only at the risk of causing inflation to accelerate. He argued that the Phillips curve was not stable and predicted what would come to be known as stagflation. Friedman argued that, given the existence of the Federal Reserve, a constant small expansion of the money supply was the only wise policy.
Avram Noam Chomsky (/ˈnoʊm ˈtʃɒmski/; born December 7, 1928) is an American linguist, philosopher,cognitive scientist, historian, and activist. He is an Institute Professor and Professor (Emeritus) in the Department of Linguistics & Philosophy at MIT, where he has worked for over 50 years. Chomsky has been described as the "father of modern linguistics" and a major figure of analytic philosophy. His work has influenced fields such as computer science, mathematics, and psychology.
Ideologically identifying with anarcho-syndicalism and libertarian socialism, Chomsky is known for his critiques of U.S. foreign policy and contemporary capitalism, and he has been described as a prominent cultural figure. His media criticism has included Manufacturing Consent: The Political Economy of the Mass Media (1988), co-written with Edward S. Herman, an analysis articulating the propaganda model theory for examining the media.
According to the Arts and Humanities Citation Index in 1992, Chomsky was cited as a source more often than any other living scholar from 1980 to 1992, and was the eighth most cited source overall. Chomsky is the author of over 100 books. He is credited as the creator or co-creator of the Chomsky hierarchy, the universal grammar theory, and the Chomsky–Schützenberger theorem.
Ralph Raico is an American historian, libertarian, and specialist in European classical liberalism and Austrian Economics. He is currently a professor of history at Buffalo State College and a senior faculty member at the Ludwig von Mises Institute. Raico was a student of Ludwig von Mises and learned German at Mises' suggestion. Raico translated Mises' Liberalismus into English.
Raico was the editor of the New Individualist Review, along with Ronald Hamowy, a journal initially sponsored by the University of Chicago chapter of the Intercollegiate Society of Individualists. It declared itself "founded in a commitment to liberty." The first article of the first edition was titled "Capitalism and Freedom." Milton Friedman, F.A. Hayek, and Richard M. Weaver were the first faculty advisors, later to be joined by George Stigler and Benjamin Rogge. Between 1961 and 1968, seventeen issues were published including articles by Russell Kirk, William F. Buckley, Jr., Ludwig von Mises, and Murray N. Rothbard.