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I’m using “neoliberal” because it’s the closest American term for someone who supports free markets and free trade. He was an admirer of Friedrich Hayek’s economic ideas while diverging from Hayek’s views on individual liberty.

A better comparison might be Alexander Hamilton or Abraham Lincoln’s view of free markets combined with an interventionist government. But we don’t really have a neat label for that. In the U.S., free markets get conceptually lashed together with individual rights and limited government.

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