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[A]t the center of classical liberal theory [in Europe] was the idea of laissez-faire. To the vast majority of American classical liberals, however, laissez-faire did not mean no government intervention at all. On the contrary, they were more than willing to see government provide tariffs, railroad subsidies, and internal improvements, all of ...
John Locke's portrait by Godfrey Kneller, National Portrait Gallery, London. John Locke (/ l ɒ k /; 29 August 1632 – 28 October 1704 ()) [13] was an English philosopher and physician, widely regarded as one of the most influential of the Enlightenment thinkers and commonly known as the "father of liberalism".
Classical liberals were also divided on free trade. David Ricardo expressed doubt that the removal of grain tariffs would have any general benefits. Most classical liberals also supported legislation to regulate the number of hours that children were allowed to work and usually did not oppose factory reform legislation.
Classical liberals in the United States believe that if the economy is left to the natural forces of supply and demand, free of government intervention, the result is the most abundant satisfaction of human wants. Modern classical liberals oppose the concepts of social democracy and the welfare state. [93]
In the context of current American politics of the present day, "classical liberalism" may be described as "fiscally conservative" and "socially liberal". [43] Despite this, classical liberals tend to reject the right's higher tolerance for economic protectionism and the left's inclination for collective group rights due to classical liberalism ...
Milton Friedman (United States, 1912–2006), winner of a Nobel Prize in Economics and a self-identified Classical Liberal and libertarian, [50] was known for the Friedman rule, Friedman's k-percent rule, and the Friedman test. Some literature: Capitalism and Freedom, 1962; A Monetary History of the United States, 1963; Free to Choose, 1980
Kevin Clark and Ravi Jain's book, The Liberal Arts Tradition: A Philosophy of Christian Classical Education, has been instrumental in articulating the philosophy behind this modern classical education movement. They argue for a return to a holistic education that integrates faith, reason, and the classical liberal arts to form individuals who ...
[116] The modes of distribution of wealth is a matter of human institutions solely, starting with what Mill believed to be the primary and fundamental institution: Individual Property. [117] He believed that all individuals must start on equal terms, with division of the instruments of production fairly among all members of society.