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Not Losing Sight of the Classical Liberal Ideal

In the midst of the Second World War, the famous Austrian-born economist Joseph A. Schumpeter (1883-1950), published his famous book, Capitalism, Socialism, and Democracy (1942). He asked the question, “Can Capitalism Survive?” He answered, “No.” He expected some form of socialism, dictatorial or “democratic,” to supersede the private market economy in postwar America. He was proven wrong. Postwar American ...

Unlibertarian Libertarianism

Just like liberals, conservatives, progressives, populists, and constitutionalists — but certainly not as bad — libertarians are not always consistent when it comes to libertarianism. In fact, what some libertarians propose is unlibertarian libertarianism. Libertarianism Libertarianism is the philosophy that says that people should be free from individual, societal, or government interference to live their lives any way they desire, pursue ...

Adhering to Principle to Achieve Liberty, Part 2

Part 1 | Part 2 In 1990, the first year of The Future of Freedom Foundation’s existence, I wrote an article entitled “Letting Go of Socialism” (www.fff.org/explore-freedom/article/letting-socialism) in which I criticized the idea of school vouchers. I pointed out that vouchers were simply another socialist program in which government forcibly takes money from one group of people and gives ...