I just had a fascinating chat with two extremely economically literate Singaporean civil servants. It suggested a challenge for libertarians: If you had to choose the system of government and policies as a package, which would you pick: the U.S. or Singapore? Notice that this bundles two questions:
1. Is Singaporean policy really more libertarian, on balance, than U.S. policy?
2. If the answer to #1 is Yes, is the extra liberty worth the reduction of democracy?
3. If the answer to #1 is Yes, how confident are you that the difference will persist?