Classical liberalism
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Classical liberalism is a political and economic philosophy, originally founded on the Enlightenment tradition - established by thinkers such as Adam Smith -, as well as on the tradition of a Nordic school of liberalism even slightly before that, set in motion by a Finnish parlamentarian Anders Chydenius. Classical liberalism tries to circumscribe the limits of political power and to define and support individual liberty and private property. The phrase is often used as a means of delineating the older philosophy called liberalism from modern liberalism, in order to avoid semantic confusion.
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See also
- Liberalism for a comprehensive discussion of classical liberalism.
- Libertarianism
