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"Economic Diplomacy" published on by Oxford University Press.

Traditional arguments used to support freedom are differentiated according to their emphasis on either the social or individual value of freedom. Highlighted are Immanuel Kant's & John Stuart Mill's respective notions of choice for individuals; Adam Smith's reaction against mercantilism is interpreted as playing an important role in the creation of economic freedom. The task of distinguishing between legitimate & illegitimate constraints on an individual's freedom to pursue economic objectives is articulated. Noting the scarcity of resources, it is argued that the realization of absolute economic freedom is unlikely. Asserting that economic authority is not limited to government control, it is stated that economic freedom prevents authoritarian leaders from centralizing power. 21 References. J. W. Parker