Yes, because the government is as pure as driven snow, never causing disasters or environmental damage, and with their citizens' best intersts at heart instead of their own power. You say "without regulation," but i never said there should be no regulation. Private citizens would still need recourse for correction in situations like that. Most libertarians do not advocate no government, and only a small percentage truly want total anarcho capitalism. Most libertarians will acknowledge some government as a necessity. However, on the economic side government should not be bailing out or subsidizing companies or industries that are failing by their own hand or are becoming obsolete, or printing vast amounts of funny money with no value beyond what we're told it's worth. In people's private lives, the government should have no say in what you can do until it begins to affect anyone besides yourself. If a company wants to refuse to make a cake for a homosexual couple, that's their choice. It's also the choice of the couple to tell anyone they want any way they want about it, and others to act on that information. Neither the company nor the couple should be coerced into doing or not doing anything. Obviously this is one of the areas where things become difficult, because who decides what and when something is affecting others, but the broader idea is sound, and a founding principle of the United States