The Liberty Option advances the idea that for compelling moral as well as practical reasons it is the free society -- with the rule of law founded on the principles of private property rights, its complete respect for individual sovereignty and properly limited legal authorities -- not one or another version of statism that serves justice best, is most prosperous and encourages the greatest measure of individual virtue on the part of the citizenry. The work shows why this is so and lays out some of the most crucial implications of the idea. While the book presents a principled approach to politics, it is firmly grounded in the best and most up to date understanding of human community life and history as well as many of its complications, challenges, adversities and prospects.