they are historically failed ideas
your economic ideas are trash from the short bus school
Libertarian concepts are a component of political thought.
How they get translated into "ideas" and applied is all a matter of context.
The history of the U.S. is littered with the "failed" ideas of both parties.
Your assertion is meaningless.
they base their economic ideas on the Austrian school which is a joke
Which libertarian ideas are based on the Austrian school of economics?