z - f aire ▁capital ism , ▁a ▁system ▁in ▁which ▁the ▁only ▁function ▁of ▁the ▁government ▁is ▁the ▁protection ▁of ▁individual ▁rights ▁from ▁the ▁init iation ▁of ▁force ▁and ▁fra ud . ▁He , ▁therefore , ▁oppos es ▁institutions ▁such ▁as ▁w elf are ▁and ▁business ▁reg ulation . ▁ ▁Bad nar ik ▁first ▁ran ▁for ▁public ▁office ▁in ▁ 2 0 0 0 ▁as ▁a ▁Libert arian , ▁ear ning ▁ 1 5 , 2 2 1 ▁votes ▁( 1 6 . 8 8 %) ▁in ▁a ▁race ▁for ▁the ▁Texas ▁legisl ature ▁district ▁ 4 7 . ▁In ▁ 2 0 0 2 ▁he ▁ran ▁for ▁the ▁district ▁ 4 8 ▁seat ▁receiving ▁ 1 , 0 8 4 ▁votes , ▁or ▁ 2 . 2 4 %. ▁ ▁Bad nar ik ▁is ▁a ▁member ▁of ▁the ▁libert arian ▁Free ▁State ▁Project . ▁▁ 2 0 0 4 ▁U . S . ▁President ial ▁campaign ▁ ▁In ▁February ▁ 2 0 0 3 , ▁Bad nar ik ▁announced ▁his ▁candid acy ▁for ▁the ▁Libert arian ▁Party ' s ▁president ial ▁nom ination ▁and ▁spent ▁the ▁following ▁ 1 8 ▁months ▁travel ing ▁the ▁country , ▁teaching ▁a ▁course ▁on ▁the ▁United ▁States ▁Constitution ▁to ▁do z ens ▁of ▁libert arian ▁groups . ▁He ▁has ▁written ▁a ▁book , ▁Good ▁To ▁Be ▁King : ▁The ▁Foundation ▁of ▁our ▁Constitution al ▁Fre edom ▁() ▁on ▁the ▁subject ▁of ▁constitution al ▁law ; ▁the ▁book ▁was ▁first ▁self - pub lished ▁by ▁Bad