Chicago school of economics
Right-libertarians are economic liberals of either the Austrian School (majority) or the Chicago school of economics (minority) and support "laissez-faire" capitalism which they define as the free market in opposition to state capitalism and interventionism. Right-libertarianism and its individualism have been discussed as part of the New Right in relation to neoliberalism and Thatcherism. In the 20th century, New Right liberal conservatism influenced by right-libertarianism marginalized other forms of conservatism.