The following article does not argue against either the value of individual liberty or a preference for limited government but demonstrates that attempts to derive the latter from the former are illusory. Scanlon's remarks on what is natural and what is not about property rights [follow link] are germane to this discussion.

http://www.bostonreview.net/BR36.5/ndf_t_m_scanlon_libertarianism_liberty.php

Libertarianism and Liberty

How Not to Argue for Limited Government and Lower Taxes T. M. Scanlon

This article is part of Libertarianism and Liberty, a forum on arguments for libertarian policy conclusions.

Libertarianism presents itself as a simple, clear, and principled view. It appears to provide a moral basis, in the value of individual liberty, for a specific political program of limited government and low taxes. The moral significance of liberty seems obvious even to those who believe it is not the only thing that matters. But the claim of the libertarian political program to be founded on this value is illusory. Three lines of thought lead to conclusions that might be seen as libertarian. But none of these shows that respect for the value of individual liberty should lead one to support the political program of low taxes and limited government that libertarians are supposed to favor.

http://www.bostonreview.net/BR36.5/ndf_t_m_scanlon_libertarianism_liberty.php