This book examines the advent of the ‘new liberalism’ in late Victorian and Edwardian times, challenging accepted views about its development. The book analyzes concepts of community, welfare, and state regulation in political theory and stresses the contribution of biological and...

Rights, public goods, and externalities -- Two views of the proper role of government -- Fundamental rights -- Public goods -- Externalities -- Private and public property -- Ownership of productive assets -- Tax policy -- Transfer programs -- Liberal conceptions of private property -- Ownership...