Donald Trump's executive order on immigration and refugees is anathema to our core beliefs—as is his proposed tariff, border wall, and a slew of other anti-globalist policies—but he's also talking about deregulating industry, and has nominated (or is considering nominating) several pro-freedom cabinet members. So where do libertarians fall in Trump's America?

"The future of politics is going to be more oriented around a purely issue-by-issue consideration of things," says Reason's Editor at Large Matt Welch. "You're going to have a lot of temporary coalitions." On the other hand, "we also seem to be seeing the rise of a permanent anti-Trump coalition," notes Reason magazine Editor in Chief Katherine Mangu-Ward, "and at some point the true Trump oppositionists will consider any kind of coalition building with Trump to be evidence of non-trustworthiness."

In our latest podcast, Nick Gillespie chats with Mangu-Ward and Welch about "rage exhaustion," tribalism, and how Trump is making us more like Western Europe.