ELI5: Explain Like I'm 5

Neoclassical liberalism

Neoclassical liberalism is a form of political thought based on the belief that governments should use their power to help create economic conditions promoting growth and prosperity. It also focuses on protecting individual civil liberties and encouraging free markets. Basically, it is a modern way of thinking about government's role in promoting a strong and successful economy, while at the same time aiming to protect individual rights.