“Capitalism is not about the accumulation of wealth for its own sake, but about the ability of people to live peaceful, meaningful lives by engaging in voluntary exchange.”
The late economist and scholar was a leading proponent of “bleeding heart libertarianism,” which emphasizes how free markets and voluntary cooperation can address social concerns typically associated with progressivism. A professor at Ball State University and a longtime fellow at libertarian institutions like the Mercatus Center and the Foundation for Economic Education, he combined academic rigor with accessible commentary. Horwitz advocated for free markets, voluntary exchange, and the importance of decentralized knowledge, framing capitalism as a system that enhances individual liberty and social coordination.
Estimated World’s Smallest Political Quiz Score:
Economic: 100
Personal: 90
Note: Steve Horwitz has not taken The World’s Smallest Political Quiz and this score is purely an estimate made by The Advocates For Self-Government.