No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, September 23, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

The Liberal 19th Century – Econlib

by TheAdviserMagazine
6 hours ago
in Economy
Reading Time: 4 mins read
A A
The Liberal 19th Century – Econlib
Share on FacebookShare on TwitterShare on LInkedIn


Many libertarians and classical liberals consider the 19th century in the West as the most liberal epoch in history. We can certainly see stains, notably slavery and later Jim Crow, as well as colonialism (think about the control of trade from the colonies, which Adam Smith criticized in his 1776 Wealth of Nations). In many countries, moreover, the liberal century started late (in France, for example) or ended early (in Germany). Even in the UK, the Corn Laws were only abolished in the middle of the century, and British libertarians were pessimistic as the end of the century approached (see Matt Zwolinski and John Tomasi’s The Individualists, which I reviewed in Regulation).

Yet, for Anthony de Jasay, whose thought is strongly anchored in the “private forteresses” of private property, the 19th century was clearly the era of liberalism, even if fleeting. In his book Against Politics (see my Econlib review), he wrote:

It is to history taking its time that we owe thanks for the brilliant but passing nineteenth-century interlude in Western Civilization, with limited government and assured-looking private sovereignty of everybody’s own decisions over crucial domains of economic and social life.

The UK was among the countries where the advance of liberalism was most promising. In his English History 1914–1945 (Oxford University Press, 1965), historian, journalist and broadcaster A.J.P. Taylor described his country on the onset of World War I. Was he influenced by similar observations in John Maynard Keynes’s 1919 book The Economic Consequences of the Peace? In any event, the opening paragraph of Taylor’s book is memorable and worth quoting nearly in extenso; it suggests that the promises of liberalism have been seriously betrayed:

Until August 1914, a sensible, law-abiding Englishman could pass through life and hardly notice the existence of the state beyond the post office and the policeman. He could live where he liked and as he liked. He had no official number or identity card. He could travel abroad or leave his country for ever without a passport or any sort of official permission. He could exchange his money for any other currency without restriction or limit. He could buy goods from any country in the world on the same terms as he bought goods at home. For that matter, a foreigner could spend his life in this country without permit and without informing the police. Unlike the countries of the European continent, the state did not require its citizens to perform military service. … Only those helped the state who wished to do so. The Englishman paid taxes on a modest scale … rather less than 8 per cent. of national income.

The rest of the paragraph shows both the emergence of an interventionist trend and that the British were still generally freer than nearly everybody in the West—and even than everybody now. The interventionist trend was not so much apparent in elementary public education and in last-resort social assistance as in the fact that some adults (mainly women) were deemed incapable of liberty in certain areas of life:

The state intervened to prevent the citizen from eating adulterated food or contracting certain infectious diseases. It imposed safety rules in factories, and prevented women, and adult males in some industries, from working excessive hours. The state saw to it that children received education up to the age of 13. Since 1 January 1909, it provided a meagre pension for the needy over the age of 70. Since 1911, it helped to ensure certain classes of workers against sickness and unemployment. This tendency towards more state action was increasing. Expenditure on social services had roughly doubled since the Liberals took office in 1905. Still, broadly speaking, the state acted only to help those who could not help themselves. It left the adult citizen alone.

Taylor is a controversial figure. He had shortly been a member of the British Communist Party in his youth and remained a lifelong socialist. But is it possible that the quote above mainly reflects something that we still observe? I mean that socialists don’t understand that individual liberty is impossible without economic freedom, just as conservatives have problems understanding that economic freedom is inseparable from individual liberty.

According to David Pryce-Jones writing in The New Criterion, though, it’s worse than that: Taylor was also a fellow-traveler of the Soviet regime and a Nazi sympathizer—anything but the opposite of individual sovereignty! He seems to have gone through a whole palette of collectivist ideologies. So, his description of English liberty before WWI was probably an incrimination.

At any rate, we can read his description as close to what individual liberty should be against all forms of authoritarianism on the right or on the left.

******************************

A London Underground station in the late 19th century, as viewed by ChatGPT



Source link

Tags: 19thCenturyEconlibLiberal
ShareTweetShare
Previous Post

Bridging Generational Gaps To Accelerate B2B Revenue Growth

Next Post

How 5 solo Bitcoin miners cashed in over $350K each in 2025

Related Posts

edit post
Fed Chief Powell says stock prices appear ‘fairly highly valued’

Fed Chief Powell says stock prices appear ‘fairly highly valued’

by TheAdviserMagazine
September 23, 2025
0

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following the issuance of the Federal Open Market Committee's...

edit post
How Equal Protection Laws Threaten Free Speech

How Equal Protection Laws Threaten Free Speech

by TheAdviserMagazine
September 23, 2025
0

Egalitarians sometimes deny that there is any conflict between equality and the doctrines of individual liberty—free speech, contractual freedom, freedom...

edit post
Why The US May Return To Afghanistan

Why The US May Return To Afghanistan

by TheAdviserMagazine
September 23, 2025
0

The United States wants to reclaim the Bagram Air Base in Afghanistan. The base is strategically located near China’s Xinjiang...

edit post
The Social Benefits of Iconoclasts

The Social Benefits of Iconoclasts

by TheAdviserMagazine
September 22, 2025
0

Years ago, my father offered me some advice. (Many such instances, but I have a specific case in mind.) When...

edit post
Impunity, Incompetence, and Maybe Some Insight Into Trump

Impunity, Incompetence, and Maybe Some Insight Into Trump

by TheAdviserMagazine
September 22, 2025
0

This past week the Trump administration has put on a bravura display of impunity and seeming incompetence, but perhaps we...

edit post
If Socialists Actually Understood Socialism

If Socialists Actually Understood Socialism

by TheAdviserMagazine
September 22, 2025
0

In light of recent developments in New York City, specifically on the recent primary elections and the emergence of self-described...

Next Post
edit post
How 5 solo Bitcoin miners cashed in over 0K each in 2025

How 5 solo Bitcoin miners cashed in over $350K each in 2025

edit post
Join CSO of SunCar in Fireside Chat Sep 30 at 11AM ET

Join CSO of SunCar in Fireside Chat Sep 30 at 11AM ET

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Who Needs a Trust Instead of a Will in North Carolina?

Who Needs a Trust Instead of a Will in North Carolina?

September 1, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a  cheesesteak every 58 seconds

Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a $12 cheesesteak every 58 seconds

August 30, 2025
edit post
Donald Trump’s full speech at UNGA: Here’s everything the US president said

Donald Trump’s full speech at UNGA: Here’s everything the US president said

0
edit post
7 Tips to Guard Against Medical Identity Theft (Before It’s Too Late)

7 Tips to Guard Against Medical Identity Theft (Before It’s Too Late)

0
edit post
The #1 Wealth Habit Young People Skip — and How to Fix It

The #1 Wealth Habit Young People Skip — and How to Fix It

0
edit post
Test-Optional Policies Failed to Boost Underrepresented Student Applications to Elite Colleges, New Study Finds

Test-Optional Policies Failed to Boost Underrepresented Student Applications to Elite Colleges, New Study Finds

0
edit post
Jerome Powell says Gen Z without tech skills are being crushed in this economy

Jerome Powell says Gen Z without tech skills are being crushed in this economy

0
edit post
Dow, S&P 500, Nasdaq slide as Powell warns of ‘challenging situation’

Dow, S&P 500, Nasdaq slide as Powell warns of ‘challenging situation’

0
edit post
The #1 Wealth Habit Young People Skip — and How to Fix It

The #1 Wealth Habit Young People Skip — and How to Fix It

September 23, 2025
edit post
7 Tips to Guard Against Medical Identity Theft (Before It’s Too Late)

7 Tips to Guard Against Medical Identity Theft (Before It’s Too Late)

September 23, 2025
edit post
Jerome Powell says Gen Z without tech skills are being crushed in this economy

Jerome Powell says Gen Z without tech skills are being crushed in this economy

September 23, 2025
edit post
Dow, S&P 500, Nasdaq slide as Powell warns of ‘challenging situation’

Dow, S&P 500, Nasdaq slide as Powell warns of ‘challenging situation’

September 23, 2025
edit post
Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead

Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead

September 23, 2025
edit post
Bubblemaps Rolls out Community Intel Desk, Fueling Cases With BMT Token Incentives

Bubblemaps Rolls out Community Intel Desk, Fueling Cases With BMT Token Incentives

September 23, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • The #1 Wealth Habit Young People Skip — and How to Fix It
  • 7 Tips to Guard Against Medical Identity Theft (Before It’s Too Late)
  • Jerome Powell says Gen Z without tech skills are being crushed in this economy
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.