The Hidden Cost of Progressivism

The Hidden Cost of Progressivism
Lane V. Erickson/Shutterstock
David Parker
Updated:
0:00
Commentary

With the U.S. Constitution, the Founding Fathers created a nation of maximum individual freedom, maximum individual responsibility, limited government, and classical liberalism. Having fled anti-democratic European aristocracy, privileged class structure, and limited opportunity, American colonists did not want government in their lives. The Founding Fathers believed that Adam Smith was correct when he said individuals independently pursuing their self-interest to survive naturally organize society. Without government planning, it was the invisible hand of nature.

David Parker
David Parker
Author
David Parker is an investor, author, jazz musician, and educator based in San Francisco. His books, “Income and Wealth” and “A San Francisco Conservative,” examine important topics in government, history, and economics, providing a much-needed historical perspective. His writing has appeared in The Economist and The Financial Times.
Related Topics