Philosophers | Idea’s | How they relate and Promote Classical Liberalism |
Adam Smith | -Individuals work for their own self interest in a free market system -Free market would lead to a stronger economy and would therefore benefit most people in society -Laissez-faire capitalism, the economic system associated with classical liberalism | Free Market Economy Self Interest Economic Freedom |
Milton Freidman | -Idea’s based on Adam Smith’s -Freedom of people to make their own decisions so long as they do not prevent anybody else from doing the something constant liberalism | Self Interest Economic Freedom Individual Rights and Freedoms |
John Keynes | -Market system driven by supply and demand -No government interference -Individuals should be responsible for their own finical situation | Individual Rights and Freedoms Economic Freedoms |
Friday, December 17, 2010
R#2
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You'll want to double-check your information on Keynes. He and Smith don't agree nearly as much as your chart suggests.
ReplyDeleteAlso, have you another historical figure with whom you can compare the contemporary ideologists?