No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, May 21, 2026
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
8 months 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

Shale Wastewater Treatment Trends and Forecast

Next Post

Our Economy Has Never Needed an “Elastic” Currency

Related Posts

edit post
Market Talk – May 21, 2026

Market Talk – May 21, 2026

by TheAdviserMagazine
May 21, 2026
0

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 1,879.73 points or 3.14% to...

edit post
Buc-ee’s: Free-Market Triumph or Simply Capitalist Oppression?

Buc-ee’s: Free-Market Triumph or Simply Capitalist Oppression?

by TheAdviserMagazine
May 21, 2026
0

I’m not sure anything can prepare one for the Buc-ee’s experience. Mine came earlier this week as my in-laws and...

edit post
Algorithmic Management, Monitoring, and Control: Worker Classification in the Digital Age

Algorithmic Management, Monitoring, and Control: Worker Classification in the Digital Age

by TheAdviserMagazine
May 21, 2026
0

Nowadays, it’s hard to read anything about workplace policy without running into “algorithmic management.” Companies, we’re told, are increasingly controlling...

edit post
Iran War: Trump-Netanyahu Dust-Up Over Negotiations – Bona Fide or Deception? Oil Speculators Cheer Three Supertankers Leaving Gulf, as Continued Bond and Financial Market Decline Seems Likely

Iran War: Trump-Netanyahu Dust-Up Over Negotiations – Bona Fide or Deception? Oil Speculators Cheer Three Supertankers Leaving Gulf, as Continued Bond and Financial Market Decline Seems Likely

by TheAdviserMagazine
May 21, 2026
0

Needless to say, with Trump having sought to turn the spotlight away from Iran in the runup to the long...

edit post
UK-Gulf trade deal a monumental achievement: Bahrain industry minister

UK-Gulf trade deal a monumental achievement: Bahrain industry minister

by TheAdviserMagazine
May 21, 2026
0

The trade deal between the U.K. and Gulf states is a "monumental achievement," Bahrain's industry minister told CNBC. Abdulla bin...

edit post
Britain Desperate For Oil | Armstrong Economics

Britain Desperate For Oil | Armstrong Economics

by TheAdviserMagazine
May 21, 2026
0

Britain is now discovering you cannot dismantle your industrial and energy base, wage war on domestic production, impose endless climate...

Next Post
edit post
Our Economy Has Never Needed an “Elastic” Currency

Our Economy Has Never Needed an "Elastic" Currency

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

  • Trending
  • Comments
  • Latest
edit post
Supreme Court Delivers More Bad Redistricting News for Democrats

Supreme Court Delivers More Bad Redistricting News for Democrats

May 19, 2026
edit post
From Maine to Michigan, Democrats Are Making Communism Great Again

From Maine to Michigan, Democrats Are Making Communism Great Again

May 16, 2026
edit post
Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

May 3, 2026
edit post
Florida Warning: With Senior SNAP Benefits Averaging 8/Month, Thousands Risk Losing Assistance in 2026

Florida Warning: With Senior SNAP Benefits Averaging $188/Month, Thousands Risk Losing Assistance in 2026

April 27, 2026
edit post
Minnesota Wealth Tax | Intangible Personal Property Tax

Minnesota Wealth Tax | Intangible Personal Property Tax

May 6, 2026
edit post
10 Cheapest High Dividend Stocks With P/E Ratios Under 10

10 Cheapest High Dividend Stocks With P/E Ratios Under 10

April 13, 2026
edit post
XRP Whale Dominance Returns To Binance While Coinbase Data Tells A Different Story

XRP Whale Dominance Returns To Binance While Coinbase Data Tells A Different Story

0
edit post
Which Supplements Actually Work Better For Seniors Than Some Prescription Medicines: Here’s What Doctor’s Say

Which Supplements Actually Work Better For Seniors Than Some Prescription Medicines: Here’s What Doctor’s Say

0
edit post
SpaceX IPO could be bad news for Tesla stock, investors warn

SpaceX IPO could be bad news for Tesla stock, investors warn

0
edit post
Market Talk – May 21, 2026

Market Talk – May 21, 2026

0
edit post
6 Cars Leading a Sedan Resurgence in the US in 2026

6 Cars Leading a Sedan Resurgence in the US in 2026

0
edit post
Reliving the ’90s Through a Pizza Hut Revival

Reliving the ’90s Through a Pizza Hut Revival

0
edit post
XRP Whale Dominance Returns To Binance While Coinbase Data Tells A Different Story

XRP Whale Dominance Returns To Binance While Coinbase Data Tells A Different Story

May 21, 2026
edit post
SpaceX IPO could be bad news for Tesla stock, investors warn

SpaceX IPO could be bad news for Tesla stock, investors warn

May 21, 2026
edit post
6 Cars Leading a Sedan Resurgence in the US in 2026

6 Cars Leading a Sedan Resurgence in the US in 2026

May 21, 2026
edit post
SpaceX, OpenAI valuations to leapfrog Berkshire Hathaway, traders say

SpaceX, OpenAI valuations to leapfrog Berkshire Hathaway, traders say

May 21, 2026
edit post
Market Talk – May 21, 2026

Market Talk – May 21, 2026

May 21, 2026
edit post
UT System makes it easier to shutter programs, fire faculty

UT System makes it easier to shutter programs, fire faculty

May 21, 2026
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

  • XRP Whale Dominance Returns To Binance While Coinbase Data Tells A Different Story
  • SpaceX IPO could be bad news for Tesla stock, investors warn
  • 6 Cars Leading a Sedan Resurgence in the US in 2026
  • 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.