Whichever method you look at it, American conservatism has embraced a great chunk of classical liberalism-so much of it that many observers have argued that American conservatism was an oxymoron; that it is mainly classical liberalism in disguise. The Economist also campaigned towards the Corn Laws that protected landlords within the United Kingdom of Great Britain and Ireland against competition from less expensive foreign imports of cereal merchandise. A inflexible perception in laissez-faire guided the government response in 1846–1849 to the Great Famine in Ireland, during which an estimated 1.5 million individuals died. The minister answerable for economic and financial affairs, Charles Wood, anticipated that non-public enterprise and free trade, quite than government intervention, would alleviate the famine.
The French tradition included Jean-Jacques Rousseau, Marquis de Condorcet, the Encyclopedists and the Physiocrats. This custom believed in rationalism and generally showed hostility to tradition and religion. Hayek additionally rejected the label … Read More