Mona Charen The term "classical liberal" always has been a misnomer, in that it presupposes an earlier or undiluted form of liberalism that must be distinguished semantically and temporally. and But the great historian Ralph Raico disabused us of this empty distinction in his great book Classical Liberalism and the Austrian School: There was no ‘classical’ liberalism, only a single liberalism, based on private property and the free market, that developed organically, from first to last....
