Way back in the day (in the early years of the Cold War), libertarians and conservatives formed an unstable but decades-long coalition against actual, Soviet-style communism (in this, they were of course joined by most liberals as well) and many domestic increases in government power. This was, broadly speaking, "fusionism," and it allowed two political ideologies with very different beliefs and ideas to coexist not simply in the pages of National Review but also more broadly on the post-war right. As Ronald Reagan told Reason in a 1975 interview, "the very heart and soul of conservatism is libertarianism."

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