Libertarianism is a political movement that is all about creating the maximum amount of economic and social freedom. In the U.S. especially, Libertarians advocate the removal of all but the most necessary taxes to keep society functioning while removing any laws that infringe upon your rights of freedom of choice. In a nut shell you can do whatever you want as long as you do not harm or infringe upon another persons natural rights.
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Sources:
Libertarianism in U.S. vs. Europe: https://en.wikipedia.org/wiki/Libertarianism#Etymology
Democratic/Republican Control of Presidential Debates: https://en.wikipedia.org/wiki/Commission_on_Presidential_Debates
Why Haven't Other Countries Tried Libertarianism?: http://www.salon.com/2013/06/04/the_question_libertarians_just_cant_answer/
How Free Market Creates Aggressive Coercion: http://www.demos.org/blog/10/28/13/libertarians-are-huge-fans-economic-coercion
Easterlin Paradox: https://hbr.org/2016/04/when-economic-growth-doesnt-make-countries-happier