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Classical liberalism stresses the desirability of free markets, limited government and the rule of law. As such, it builds on some moral judgments. According to ethical objectivism, such judgments (in themselves always personal and subjective) can be true or false since objective moral facts...
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government intervention as being benevolent. But there are many more passages from Smith's major works, The Theory of Moral …
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In studying the development of western freedoms, perhaps no subject is more worthy of discussion than classical liberalism, which the late historian Ralph Raico wrote was “the signature political philosophy of Western Civilization.” Raico defined classical liberalism as “the ideology...
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