A writer and thinker during the 20th century, Frank Chodorov added significantly to libertarian thought and the theory of individualism.
The 1980 Libertarian party presidential candidate, Ed Clark is a public figure for the libertarian movement who played an important role popularizing it.
Friedman is a prominent intellectual whose critical writings on economics, law, and the state have contributed to the advancement of libertarian ideas.
Hayek was one of the most prominent economists and philosophers supporting free-market economics and individualism; his work is often discussed today.
Thomas Hodgskin was a British political and economic theorist affiliated most with individualist anarchism, though his writings were vivid and original.
Lao Tzu’s anticipatory work argued that a harmonious and prosperous society was one in which people could make their own economic and personal decisions.
Ron Paul was the 1988 Libertarian Party presidential nominee and is a public figure who has helped bring libertarianism to political attention.
Ayn Rand remains one of the best-known and most influential individualist writers, credited with developing the philosophy of Objectivism.
Murray Rothbard’s writings provided a detailed and systematic explanation of politics, society, and economics consistent with libertarian ideas.
The black market refers to those markets involving extra-legal organizations and paths for the trade of goods and services.
Privatization occurs when government grants control of an industry to market forces, often leading to greater efficiency and choice.
The most minimal proposed form of state organization, anarchism, is the philosophy of the absence of government.
The Anti-Corn Law League was a group that opposed the protectionist British Corn Laws and have been praised for achieving radical libertarian reform.
Coercion, the use of force to persuade or limit individual action, has typically been seen as a power of government. It must still be justified.
Supporters of decentralism argue that central concentration of power threatens liberty and prefer decision-making power to be diffused on a local level.
A libertarian focus on equality mostly focuses on the notion of equal rights and justice systems must operate in a way that maintains these rights.
While valued by many schools of thought, freedom can be understood in a variety of ways, such as the difference between positive and negative freedom.
Individual rights function as guarantees of protection and entitlement to a morally granted domain, principally that of self-ownership and choice.