Conversation

Two things annoy me about market fundamentalists calling themselves 'classical liberals'.

The first is that they don't actually seem to be aware of the positions of many of the 'classical liberals'. Like the amount of time Adam Smith spent warning against trusts, collusive price fixing, and monopolies.

Second, the classical liberals were radicals in their day and looked for causes of misery and inefficiency to challenge. Drawing a line under history and going “That's done!” is the opposite.