http://fff.org/explore-freedom/article/keys-human-prosperity-individual-liberty-rule-law/
We live at time when, increasingly, the U.S. government operates in
arbitrary and discretionary ways. Government regulatory agencies
seemingly have unrestrained powers over land-use, business manufacturing
and enterprise, the workplace and the environment under broad
legislative mandates. And proposals are now frequently being made for ad
hoc restrictions and prohibitions on freedoms of speech, press,
religion and association. The principle and practice of individual
liberty, therefore, is under serious attack.
The history of liberty and prosperity is inseparable from the
practice of free enterprise and respect for the rule of law. Both are
products of the spirit of classical liberalism. But a correct
understanding of free enterprise, the rule of law, and liberalism
(rightly understood) is greatly lacking in the world today.
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