IL are Libertarian in the American sense (i.e. against the State, including those whose leadership has been elected by voters - i.e. Democracies - using its powers to regulate Money), and yeah, they’re also morally liberal as part of the package, but their focus is on making sure the Power Of Money is not constrained by the Power Of The State (which in Democracy means the Power Of Voters).

It’s not really about Freedom because in their worldview most people should still be constrained by the Power Of Money, most notably via things like maximum rights for ownership of exclusive resources such as Land - you can’t be Free if you’re born outside the Owner class in a World were all Land has an owner.

Essentially they’re Reaganism (which ultimatelly brought us present day America, which is quite behind the America from when it started in terms of Social Mobility, Equality and even Average Quality Of Life), but even harder that it was.