I am just a random know-nothing Internet guy. Leonard E. Read, who started the Foundation for Economic Education (FEE), has better credentials.
“Left” and “right” are each descriptive of authoritarian positions. Liberty has no horizontal relationship to authoritarianism. Libertarianism’s relationship to authoritarianism is vertical; it is up from the muck of men enslaving man. But, let’s begin at the beginning …
The kind of libertarianism the FEE think tank advocates for is what I would call right-libertarianism. And it's kind of an oxymoron because there is still a need for authority. How do you assert anyone's claim to private property without a centralised authority? The original libertarianism, which is a strain of socialist political philosophy, calls for decentralised authority and therefore also the end of the private ownership of property.
Of course, this FEE think tank, along with all the other "Libertarian" think tanks, are funded by the likes of the Koch brothers in an effort to legitimise the deregulation of their industries. There is no requirement for it to make any logical sense, just to appear as if it does so that legislation can have some semblance of an intellectual backing.
“Left” and “right” are each descriptive of authoritarian positions. Liberty has no horizontal relationship to authoritarianism. Libertarianism’s relationship to authoritarianism is vertical; it is up from the muck of men enslaving man. But, let’s begin at the beginning …
Source: “Neither Left Nor Right,” https://fee.org/articles/neither-left-nor-right/