Against what is stupid, nonsensical, erroneous, and evil, [classical] liberalism fights with the weapons of the mind, and not with brute force and repression.
The pillars of classical liberalism call for flat taxes, with revenues put to limited uses; strong property rights; and free markets.
The program of liberalism if condensed into a single word, would have to read: property, that is, private ownership of the means of production.
... an essential feature of a decent society, and an almost defining feature of a democratic society, is relative equality of outcome - not opportunity, but outcome. Without that you can't seriously talk about a democratic state... These concepts of the common good have a long life. They lie right at the core of classical liberalism, of Enlightenment thinking... Like Aristotle, [Adam] Smith understood that the common good will require substantial intervention to assure lasting prosperity of the poor by distribution of public revenues.
I felt that we could hardly improve on the conception of the university expressed by one of the founders of the modern system, Wilhelm von Humboldt, also one of the founders of classical liberalism. That seems to me true today as well, though ideals of course have to be adapted to changing circumstances.
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