Libertarian economic policy refers to an approach that supports minimal government intervention in the economy. It advocates for individual freedom and voluntary exchange in markets.
Related terms
Limited government: A political philosophy advocating for a small-scale government that only performs essential functions such as protecting individual rights.
Laissez-faire capitalism: An economic system where there is minimal government intervention in markets, promoting free trade and private ownership of resources.
Individualism: A belief in emphasizing individual rights, freedoms, and responsibilities over collective interests.