Libertarian view: individual responsibilities both economic and "foreign affairs"

I liked how Lew Rockwell points out the irony of both sides of the stereotypical political spectrum:

• "conservative right" wants economic freedom (capitalism) but big government war machine.
• "liberal left" wants socialism (big government economic controls) but little or no war machine by the government.

Libertarian view is to have none of the inconsistencies: no big government. Period. No economic controls and no war machines. Individuals should be free to form their own groups be it local home education coop or a mega-church or even a security (or "mercenary") firm. Or not.