Though Ron Paul is often described as an orthodox libertarian, his ideology is more accurately described as paleolibertarian, which shares the limited government principles of traditional libertarianism but places a heavier emphasis on conservative social values, white racial resentment, and isolationist nationalism. It is, in many ways, a forerunner of today’s alt-right. The appeal of Paul and Trump to many Americans is not so much their specific policy ideas as their anti-establishment temperament and rhetoric, and, more specifically, a feverish anti-elitism that inevitably leads to conspiracy-mongering.