What is classical liberalism?

I like concise definitions that capture the essence of an idea, such as this one, written by Ilana Mercer:

Classical liberals (this writer) are distinguished in that the only rights they recognize are the individual’s right to life, liberty and property, and the pursuit of happiness. The sole role of a legitimate government is to protect only those liberties. Why life, liberty, and property, and not housing, food, education, health care, child benefits, emotional well-being, enriching employment, ad infinitum? Because the former impose no obligations on other free individuals; the latter enslave some in the service of others.

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