Openly gay Rep. Barney Frank has a strong record in support of what might loosely be called cultural or lifestyle libertarianism (my phrase, and yes, I know sexual orientation isn't a "lifestyle"), on issues such as gay marriage, gambling and medicinal marijuana. But as the Cato Institute's David Boaz blogs, Frank's other causes revolve around support for greater government economic intervention.
"Liberal" used to mean support for free markets, and still does in Europe. But not in America, where liberals remain deeply suspicious of free economic decision-making. As Boaz writes of Frank:
This year, as Financial Services chairman, he's demonstrating his interventionist tendencies as well as his sometime libertarian instincts. He wants to push all workers into government health care, to regulate corporate decisions about executive compensation, to put more obstacles in the way of free trade across national borders, to keep Wal-Mart from creating an internal bank clearinghouse to hold down its costs. Not to mention expanding anti-discrimination rules to include gay, lesbian, bisexual and transgender people.
American liberals' seem to believe that the economy needs the firm guiding hand of highly intelligent, morally righteous officials such as themselves. That's a carryover not from the classical liberalism of John Locke, Adam Smith and John Stuart Mill, but from later European socialist philosophies that were noticeably "illiberal" on the issue of individual freedom as opposed to the "rights" of the collective.
Yet, as Boaz notes, Frank told a journalist: "In a number of areas, I am a libertarian. I think that John Stuart Mill's 'On Liberty' is a great statement, and I was just rereading it." Comments Boaz:
Would that the Republicans who once took Congress on the promise of "the end of government that is too big, too intrusive, and too easy with the public's money" also reread (or read) "On Liberty" and take its message to heart. And would that Barney Frank come to realize that adults should also be free to spend the money they earn as they choose and to decide what contracts, with foreign businesses or local job applicants, they will enter into.