The New Libertarianism: Anarcho-Capitalism
J. Michael Oliver has been a student of objectivism since 1965.      He was very active in the small and emergent libertarian movement in the late 1960’s and 1970’s, a period in which diverse strains of libertarianism were gathering pace and solidifying their ideas.      In 1971 he was the founder and editor of "The New Banner," a nationally-circulated, objectivist/libertarian periodical that while fully accepted Rand’s philosophical premises, rejected Ayn Rand’s limited government political concepts, concluding instead that anarcho-capitalism was the logical/practical political position of objectivist philosophy.      In 1975 he moved away from a would-be academic career in political philosophy, and became a gold futures market specialist with E.F. Hutton.  He continued as a futures specialist with several firms until 1992, when he shifted to market analysis. By means of his own proprietary methodology of technical analysis, “momentum structural analysis,” he has provided timing/ analysis research to mutual funds, hedge funds and financial institutions for over 20 years.