Individualism, Collectivism, and Other Murky Labels

Imagine the following person. He believes all individuals should be free to do"anything that's peaceful" and therefore favors private property, free global markets, freedom of contract, civil liberties, and all the related ideas that come under the label"libertarianism" (or liberalism). Obviously he is not a statist. But is he an individualist and a capitalist or a socialist and a collectivist? It sounds like an easy question, but on closer inspection it's not.

The rest of this week's TGIF,"Individualism, Collectivism, and Other Murky Labels," is at the Foundation for Economic Education website.

Cross-posted at Free Association.