Has the "Libertarian Moment" Passed?

Was there ever much of a "libertarian moment" in the first place?

In his opening column for The Atlantic, Kevin Williamson ponders the place of libertarians (or, if you prefer, "classical liberals") in today's political environment. His conclusions are not pretty. If there ever was a "libertarian moment," Williamson argues we're quite far from one now. His essay begins:

Senator Rand Paul is a man out of time. It was only a few years ago that the editors of Reason magazine held him up as the personification of what they imagined to be a "libertarian moment," a term that enjoyed some momentary cachet in the pages of The New York Times, The Atlantic, Politico (where I offered a skeptical assessment), and elsewhere. But rather than embodying the future of the Republican Party, Paul embodies its past, the postwar conservative era when Ronald Reagan could proclaim that "the very heart and soul of conservatism is libertarianism," when National Review founder William F. Buckley Jr. could publish a conspectus of his later work under the subtitle "Reflections of a Libertarian Journalist," and young blue-blazered Republicans of the Alex P. Keaton variety wore out their copies of Milton Friedman's Free to Choose.

The view from 2018 is rather different. The GOP finds itself in the throes of a populist convulsion, an ironic product of the fact that the party that long banqueted on resentment of the media now is utterly dominated by the alternative media constructed by its own most dedicated partisans. It is Sean Hannity's party now.