At the core of libertarianism is the non-aggression principle (NAP): just law consists, only, of prohibiting the initiation of violence against innocent people. That is it, in its entirety. The remainder of this political economic philosophy deals with logical implications of the foregoing. Thus, in economics we favor laissez-faire capitalism, deregulation, free trade, the only system guaranteed to overcome man’s natural state of poverty. In the area of personal liberties, we support the legalization of (but not at all the engagement in) victimless crimes pertaining to sex, drugs, gambling, etc. And in foreign policy we advocate a strong defense, but non-intervention in the affairs of other nations. It is a very narrow perspective, focusing, only, on just law; it is not at all a philosophy of life.