Neither Mitt Romney nor Rudy Giuliani are libertarians to most of us who support that cause. Personally, I believe Romney would be the better of the two, when measured from my libertarian-right perspective.
Romney is exceptionally brilliant, while Giuliani is merely very smart. Romney has an impressive private sector resume, while Giuliani has spent most of his career in government and the (non-productive) legal sector. Both men will advocate far more government than I'd like, but Romney is more likely to favor mandates that involve private sector competition. Romney ran a diverse state; Giuliani ran a specific city.
So in the categories of competence and free market experience, Mitt Romney is my preferred candidate over Rudy Giuliani. Despite Ron Paul's foreign policy errors, he is still my top choice among the major party candidates.
My friend Bruce Cohen has some related thoughts.
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