John Stossel on Libertarianism

Don't miss "Stossel" tonight on the Fox Business Network at 8:00 p.m. ET. He'll be discussing "What's a Libertarian?" with P. J. O'Rourke, Andrew Napolitano, and a panel including Cato senior fellow Jeff Miron and me. Here's a column Stossel wrote after taping the show about his own evolution from "Kennedy-style liberal" to libertarian.

When I did talk shows after the publication of Libertarianism: A Primer, I was always asked, "What is libertarianism?" I said then, "Libertarianism is the idea that adult individuals have the right and the responsibility to make the important decisions about their lives. And of course today government claims the power to make many of those decisions for us, from where to send our kids to school to what we can smoke to how we must save for retirement."

Here's another way to put it, which I believe I first saw in a high-school libertarian newsletter from Minnesota: Smokey the Bear's rules for fire safety also apply to government: Keep it small, keep it in a confined area, and keep an eye on it.

For more on libertarianism, check out Libertarianism: A Primer and The Libertarian Reader. For deeper thoughts, take a look at Realizing Freedom: Libertarian Theory, History, and Practice. Find an 80-minute interview on libertarianism here and a short talk here. And for a week-long seminar on libertarianism and our current crisis, come to Cato University this July at the beautiful Rancho Bernardo Inn outside San Diego.