This article seeks to brush aside disputes about when Lie-tzu was written and whether Lie-tzu was accomplished by a real person or a collaborate work. It explores where Lie-tzu stands in the history of Chinese philosophy based on school orientation and the concept of a saint. The article analyzes Lei-tzu's concept of a saint through five parts ((1)稽度皆明、投隙抵時(2)以智籠群愚(3)不橫私天下之身與物(4)至誠感物、統物(5)終北國與華胥國之治), and concludes that a saint should have at least three characteristics of a saint: (1) knowing time and following chance accordingly, (2) not possessing the world for self, and (3) merging with nature. Lie-tzu suggests ideas against autocratic monarchy and purches an anarchistic fairyland called Hua Xu Guo or Zhong Bei Guo. The thought appears to follow the Lao-Chuang school, the Huang-Lao school, and the synthesis of the three religions (Confucianism, Budhism, and Taoism.) Therefore, though Lie-tzu is a collaborative work by authors throughout pre-Ch'in, Hen, Wei and Chin, it must have been collected and finished in the Wei and Chin periods, for the school of thought in the Wei and Chin periods has pervaded this work.