Samuel Edward Konkin III, an agorist, coined the term in 1971 to describe libertarians who defend some form of compulsory government. Konkin invented the term "minarchism" because he initially felt dismayed of using the cumbersome phrase "limited-government libertarianism".
I remember the occasion when a fellow graduate student at Columbia from Sweden wanted to take me downtown to a restaurant for a Swedish meal and introduced me to the Swedish drink aquavit. This was a restaurant at which this Swedish fellow had been getting aquavit all during Prohibition; they had been selling it to him. And this was just after the repeal of Prohibition. We went there and he asked them for some aquavit. They said, "Oh, no, we haven't gotten our license yet." And finally, he talked to them in Swedish and persuaded them to take us into the back where they gave us a glass of aquavit apiece. Now that shows the absurdity of it.
Prohibition was repealed in 1933 when I was 21 years old, so was a teenager during most of Prohibition. Alcohol was readily available. Bootlegging was common. Any idea that alcohol prohibition was keeping people from drinking was absurd. There were speakeasies all over the place. But more than that. We had this spectacle of Al Capone, of the hijackings, of the gang wars...
Anybody with two eyes could see that this was a bad deal, that you were doing more harm than good. In addition, I became an economist. And as an economist, I came to recognize the importance of markets and of free choice and of consumer sovereignty and came to discover the harm that was done when you interfered with them. The laws against drugs were passed in 1914, but there was no very great enforcement of it.
Image 14The Nolan Chart, created by American libertarian David Nolan, expands the left–right line into a two-dimensional chart classifying the political spectrum by degrees of personal and economic freedom (from Libertarianism)
Image 1517 August 1860 edition of Le Libertaire, Journal du mouvement social, a libertarian communist publication in New York City (from Left-libertarianism)
Johnson entered politics for the first time by running for governor of New Mexico in 1994 on a low-tax, anti-crime platform, promising a "common-sense business approach". He defeated incumbent Democratic governor Bruce King, 50% to 40%. He cut the 10% annual growth in the budget, in part by using the gubernatorial veto 200 times during his first six months. He was unable to convince the state senate to pass any of his motions. (Full article...)