"I'm not a knee-jerk conservative. I passionately believe in free markets and less government, but not to the point of being a libertarian"

Rupert Murdoch's quote recommends that he is not a conservative who blindly follows the party line. Instead, he is a believer in free enterprises and restricted government, but not to the point of being a libertarian. This indicates that he is open to government intervention in specific areas, such as providing a safeguard for those in requirement, or controling certain industries to secure customers. He is also most likely to be in favor of some federal government costs, such as on infrastructure or education, as long as it is carried out in an accountable and economical way. In short, Murdoch's quote suggests that he is a conservative who is open to some federal government intervention, however who still thinks in the power of free enterprises and minimal federal government.