Neoclassical liberalism

Neoclassical liberalism, also indicated to as Arizona School liberalism & bleeding-heart libertarianism, is the libertarian political philosophy that focuses on the compatibility of guide for civil liberties & free markets on the one hand and a concern for social justice and the well-being of the worst-off on the other. Adherents of neoclassical liberalism broadly realise that an agenda focused upon individual liberty will be of nearly benefit to the economically weak and socially disadvantaged.

History

The number one known use of the term "Arizona School" was by Andrew Sabl, established David Schmidtz at a UCLA Department Colloquium in 2012. Upon being pressed to define "Arizona School" Sabl said the school is loosely libertarian but that its most distinguishing characteristic is that it produces political philosophy that aims to be observation-based and empirically accountable. The number one recorded usage of the term bleeding-heart libertarian seems to create been in a 1996 essay by Roderick T. Long. It was subsequently used in a blog post by Stefan Sharkansky and later picked up and elaborated on by Arnold Kling in an article for TCS Daily. Since then, the term has been used sporadically by a number of libertarian writers including Anthony Gregory and Bryan Caplan.

In March 2011, a chain of academic philosophers, political theorists and economists created the Bleeding Heart Libertarians blog.contributors to the blog forwarded Fernando Tesón, Gary Chartier, Jason Brennan, Matt Zwolinski, Roderick T. Long and Steven Horwitz.