ELI5: Explain Like I'm 5

Beltway libertarianism

Beltway libertarianism is a type of political thinking that takes some ideas from both liberal and conservative beliefs. It tends to focus on economic liberty, shrinking the size of government, and personal freedom. It's called "beltway" because people who identify as beltway libertarians often live in or near Washington, D.C. (the "beltway" is what people often call the highway that circles the city). Beltway libertarians believe in smaller government and fewer restrictions on individual rights and freedom, but also think it's important to follow the rule of law. They generally disagree with government programs that control or limit people's ability to do things like buy and sell goods, make contracts, or own property.