By knowing about the inception of “liberal” principles, we better understand the confusing semantics of politics today. Today, many of those who admire Adam Smith call themselves “classical ...

Classical liberalism is the cluster of ideas devised by a series of political philosophers who wrote between the 17th and 19th centuries: John Locke, Adam Smith, James Madison, and John Stuart ...

Neoliberalism was neither new nor particularly liberal when it prevailed 50 years ago. Its great advantage was its sharp ...

Classical economics is a broad term that refers to the dominant school of thought for economics in the 18th and 19th centuries. Most consider Scottish economist Adam Smith the progenitor of ...

Neoliberalism was neither new nor particularly liberal when it prevailed 50 years ... ideological innovation. Unlike Adam Smith or John Stuart Mill, neoliberals felt no responsibility to ...