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The Classical Liberal Perspective

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Questions and Answers

According to Thomas Malthus, what causes human misery?

Population growth

Food supplies

Natural phenomena (correct)

Badly organized institutions

What does the term 'Malthusian catastrophe' refer to?

Governments' failure to provide basic necessities

Decline in population due to natural disasters

Rapid industrialization causing environmental degradation

Exponential increase in population growth compared to food supplies (correct)

Which form of checks are natural disasters according to Malthus?

Preventive checks

Positive checks (correct)

Man-made checks

Natural checks

Friedrich Hayek is known for defending which economic concept?

Laissez-faire economy Signup and view all the answers

According to Robert Nozick, what must property acquisition and transfer be free from?

Coercion or theft Signup and view all the answers

What does 'From each as they choose, to each as they are chosen' imply according to Robert Nozick?

Equates taxes with slavery Signup and view all the answers

According to Thomas Hobbes, what did he envision the world as?

A mechanical system relying on natural law Signup and view all the answers

What did John Locke consider to be the only job of the government?

To protect natural rights Signup and view all the answers

According to Adam Smith, what did the 'Invisible Hands Theory' suggest?

Self interests of businesses and firms could benefit the society as a whole Signup and view all the answers

What was one concern Adam Smith had regarding the division of labor?

Laborers being labeled as stupid Signup and view all the answers

According to John Locke, what were the two provisos in the right to obtain property?

Without spoilage or waste, and when there is enough left for others Signup and view all the answers

What did Thomas Hobbes believe was the only means of human existence?

The pursuit of private interests Signup and view all the answers