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Neoclassical liberalism,  also referred to as  Arizona School liberalism  and  bleeding-heart libertarianism, is a  libertarian political philosophy that focuses on the compatibility of support for  civil liberties and free markets on the one hand and a concern for social justice and the well-being of the worst-off on the other. Adherents of neoclassical liberalism broadly hold that an agenda focused upon individual liberty will be of most benefit to the economically weak and socially disadvantaged.
The first recorded use of the term
bleeding-heart libertarian seems to have been in a 1996 essay by Roderick T. Long. It was subsequently used in a  blog post by Stefan Sharkansky and later picked up and elaborated on by  Arnold Kling in an article for . TCS Daily Since then, the term has been used sporadically by a number of libertarian writers including  Anthony Gregory and  Bryan Caplan.
In March 2011, a group of academic philosophers, political theorists and economists created the Bleeding Heart Libertarians blog.
Regular contributors to the blog include  Fernando Tesón, Gary Chartier, Jason Brennan, Roderick T. Long and Steven Horwitz.
Critics of the bleeding-heart libertarian movement include economist
David D. Friedman, for whom bleeding-heart libertarians "insist that social justice ought to be part of libertarianism but are unwilling to tell us what it means."
^ a b
Brennan, Jason (2012). . Oxford University Press. p. 188. Libertarianism: What Everyone Needs to Know ISBN . 978-0199933914
^ Matt Zwolinski and John Tomasi,
"A Bleeding Heart History of Libertarianism", April 2, 2012, . Cato Unbound
^ a b Neoclassical liberal philosophers such as
David Schmidtz, Jerry Gaus, John Tomasi, Kevin Vallier, Matt Zwolinski and Jason Brennan all have a connection to the University of Arizona (cf. "On the ethics of voting" Archived 2018-09-07 at the Wayback Machine, , January 14, 2013). 3:AM Magazine
^ a b
Zwolinski, Matt (2011-03-03). "Bleeding-Heart Libertarianism". Bleeding Heart Libertarians blog.
"About Us". Bleeding Heart Libertarians.
Long, Roderick (1996). "Beyond the Boss" . Retrieved .
Sharkansky, Stefan (2002-06-01). "My Blog and Welcome to It" . Retrieved .
Kling, Arnold (2003-09-29). "Bleeding-Heart Libertarianism". Archived from the original on 2012-05-19 . Retrieved .
Gregory, Anthony. "Don't Privatize Plunder". LewRockwell.com. Archived from the original on 2015-06-18 . Retrieved .
Caplan, Bryan. "Who's More Irresponsible?". EconLog.
Henderson, David (2012-04-28). "David Friedman on Bleeding-Heart Libertarianism". EconLog.
Jeffrey Edward Green (2016),
The Shadow of Unfairness: A Plebeian Theory of Liberal Democracy, Oxford University Press. Jason Brennan, Bas van der Vossen, David Schmidtz, eds. (2017), The Routledge Handbook of Libertarianism, Routledge: "Libertarianism and the Welfare State" by Matt Zwolinski.
Jeppe von Platz,
"Absolute freedom of contract: Grotian Lessons for Libertarians", Critical Review 25(1), 2013, 107-119. Rob Reich,
"Gift Giving and Philanthropy in Market Democracy", Critical Review 26(3-4), 2014, 408-422. Nicolás Maloberti,
"Rawls and Bleeding Heart Libertarianism: How Well Do They Mix?", The Independent Review 19(4), 2015, 563-582. Otto Lehto, "The Limited Welfare State as Utopia: The Case for a Libertarian Basic Income", Presentation for the BIEN World Congress (Seoul, Korea, 2016).