Renowned as one of the first documents limiting royal authority, Magna Carta established written rules and limits of political institutions.
Marxism is the philosophy calling for the working class to overcome capitalism and institute a socialist society. Politically, it has only caused disaster.
The advancement of material progress, or quality of life, has increased dramatically within the past few hundred years and continues increasing today.
Mercantilism was the belief that wealth of nations was based on the amount of money held by the nation, through high internal protections and a focus on exports.
The minimal state solution is one wherein the state provides protection for the people in its domain but does nothing else.
The Mont Pelerin Society was formed in 1947 to gather thinkers and advocates of a free society to discuss and further classical-liberal ideas.