On NPR, Mara Liasson tells Melissa Block that we're in a "libertarian moment" in politics:
BLOCK: And Ron Paul appears to be running. Again, he got a lot of devoted followers on the Internet last time during the 2008 bid, not so many votes in the primary. So this time around, is he a significant addition to the Republican field or more of an asterisk?
LIASSON: Well, I don't think he's a huge factor in terms of the nomination. In the 2008 GOP primary, he got only about 6 percent of the Republican vote. However, as you said, he does have a devoted following, lots of libertarian-leaning young people. He can raise millions of dollars online in a single day in one of his famous money bombs. So he brings energy to the party, and the Republican Party base seems to have caught up to him on the issues.
The GOP is in a real libertarian moment right now, and Paul has always been all about the debt and the deficit and taxes and spending. You could call him the godfather of the Tea Party.
Of course, Paul may have to split the libertarian Republican vote with former two-term governor Gary Johnson. Johnson also was "a Tea Partier when tea-partying wasn’t cool," according to the Capitol Report of New Mexico. He vetoed 750 bills in eight years, not counting line-item vetoes. And since today's libertarian moment goes beyond spending and health care to include rising support for gay marriage and marijuana legalization, Johnson might be better positioned to ride that wave and attract younger and independent voters.
Footnote: Two weeks ago NPR speculated about an Ayn Rand moment building from the financial crisis to the opening of Atlas Shrugged.