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Reason
Reason
Zach Weissmueller

Noah Smith: I Owe Libertarians an Apology

Noah Smith, an economic commentator and Substack writer, once dismissed libertarianism as a relic of the past. But in a political climate increasingly defined by populist protectionism and authoritarian rhetoric, he's reconsidering. "There are worse monsters than the market," Smith recently wrote.

With Reason's Zach Weissmueller and Liz Wolfe, Smith explores the evolution of his thinking—from criticizing "thin libertarianism" focused solely on state coercion, to advocating for a more expansive, "thick" conception of liberty that accounts for institutional and corporate constraints as well. He also discusses how libertarians might shape political discourse despite being exiled from both major parties.

Sources Referenced
Chapters
  • 00:00 Reflecting on libertarianism and Donald Trump's rise
  • 06:00 Revisiting financial regulation and the housing crisis
  • 11:00 Thin vs. thick libertarianism
  • 17:00 Censorship, coercion, and the role of private platforms
  • 29:00 Tariffs, trade, and the antineoliberal left
  • 37:00 The shifting power dynamics in the Democratic and Republican parties
  • 45:00 Political homelessness and the libertarian intellectual wilderness
  • 54:00 Industrial policy, mRNA vaccines, and the role of government
  • 1:01:00 China, manufacturing, and national security
  • 1:10:00 Argentina, Javier Milei, and libertarian governance in practice

The post Noah Smith: I Owe Libertarians an Apology appeared first on Reason.com.

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