This sounds like libertarianism.
On it's face I've always found libertarianism to seem logical and reasonable. It's about being free. "You don't infringe my rights and I won't infringe yours." Sounds great. I even went to a bunch of their meetings in college. I really wanted it to work out and there are certain aspects of libertarianism I can still get behind. Yet, like communism, once you start getting into the actual details I find things run off the tracks pretty quickly.
Like what is the common ground between what one libertarian wants vs another? In my experience, it usually boils down to what one libertarian feels he/she needs from the government to maximally benefit his/her direct needs without the consideration of others. For example, you say you want basic traffic safety directions but if I'm a libertarian living in northern Idaho I sure as hell don't need or want those rules messing up my roads or my day (oh but I will need somebody to build and maintain those roads and would appreciate your tax dollars to do so). Similarly, if you're an urban-dwelling libertarian who bikes to work you sure as hell want there to be rules and order for traffic on the streets (well, just enough to protect you...but not so much that they slow you down). It's fun to hear my libertarian friends argue about this stuff.
But what I find truly sublime is the Cato Institute (a mega libertarian think tank) list of countries where people have the most freedoms. SPOILER ALERT: the US isn't in the top 10, but most of the countries that are have a sizable amount of *gasp* government-supported social and health services:
Human Freedom Index