Neoclassical liberalism

Similar to the views of American William Graham Sumner, Spencer held the belief that governmental involvement in economic matters (referred to as officialism) would result in social parasitism to the detriment of the working population.

Adherents of neoclassical liberalism broadly hold that an agenda focused upon individual liberty will be of most benefit to the economically weak and socially disadvantaged.

[12] It was subsequently used in a blog post by Stefan Sharkansky[13] and later picked up and elaborated on by Arnold Kling in an article for TCS Daily.

[16] In March 2011, a group of academic philosophers, political theorists and economists created the Bleeding Heart Libertarians blog.

[10] Regular contributors to the blog included Fernando Tesón, Gary Chartier, Jason Brennan, Matt Zwolinski, Roderick T. Long, and Steven Horwitz.