Politically, this means Libertarians favor rolling back the size and cost of government, and eliminating laws that stifle the economy and control people's personal choices.
Libertarians are neither.
Unlike liberals or conservatives, Libertarians advocate a high degree of both personal and economic liberty. We're active in all 50 states, and there are hundreds of vigorous state, county, and local Libertarian organizations. More and more all the time. We've elected Libertarian State Representatives in New Hampshire, Alaska, and Vermont. There are currently Libertarians serving as mayors, on city councils, on school boards, as selectmen, on town budget committees, as judges of elections, and in a wide variety of other elected offices such as city treasurer, district attorney, and sheriff.