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IPFS News Link • Philosophy: Libertarianism
Most Americans express support for private enterprise. Outright
socialists are rare in this country, except on university campuses, and
even progressives, who favor pervasive regulation and heavy taxation,
often declare that they support a free-enterprise economy—they simply
oppose “unbridled capitalism.” For many sincere friends of the free
market, however, it shines as only one star among a host of others in
their ideological firmament, and with regard to one critically important
service—protection from foreign threats—they favor a
government-monopoly supplier with an established reputation for
recklessness and unnecessary ferocity. Thus, notable free enterprisers
include both hawks (for example, Thomas Sowell, George Shultz, and
Walter Williams) and doves (for example, Thomas Gale Moore, David
Henderson, and Donald Boudreaux) in their views about U.S. foreign and
military policy.
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