Is Ron Paul the savior of libertarians? That’s what many are claiming about the Texas Republican who ran on the Libertarian ticket for President in 1988. Andrew Sullivan, who styles himself a classical liberal, has been trumpeting Paul ever since the GOP primary debate in South Carolina last month in which Paul went toe-to-toe with Rudy Giuliani over the cause of 9/11. “Ron Paul, for all his faults, is fresh air. We need more of it,” Sullivan wrote last month. In first quarter fundraising in New Hampshire and Montana, Paul finished second among the GOP candidates. Paul seems to be...