pposed in passing ultimate judgment on the system, they play no part in determining the sequence of events within it. The one propelling force is the selfishness of the individual, which becomes harnessed to the public good because in an exchange economy he must serve others in order to serve himself. It is only in a free market, however, that this consequence can ensue; any other arrangement must lead to regimentation, exploitation, and economic stagnation.
             Spiritual side of individual was acknowledged in assumption that man is a free, rational and self – improving being, and that his natural state is freedom. The duty of government was to provide the conditions to individual to enjoy the maximum possible freedom within a frame of law.
             The hallmark of the liberalism is a concern with the limits of authority and opposition to state interference with individual activities. Classical Liberals tend to define freedom in negative forms, for example, freedom from government regulation, and to opposite to almost
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