Although it is obvious that the Keynesians were all wrong and interventionism and central economic planning don’t work, whom are we listening to for advice on getting us out of this mess? Unfortunately, it’s the Keynesians, the socialists, and big-government proponents. Who’s being ignored? The Austrian free-market economists — the very ones who predicted not only the Great Depression, but the calamity we’re dealing with today. If the crisis was predictable and is explainable, why did no one listen? It’s because too many politicians believed that a free lunch was possible and a new economic paradigm had arrived. But we’ve heard that one before — like the philosopher’s stone that could turn lead into gold. Prosperity without work is a dream of the ages.
Ron Paul Connected to the Carolinas
Source
The Austrians Were Right, November 20, 2008 [http://www.youtube.com/watch?v=8PIEGK0IbA4
- work
- 2006-2009
- year
- 2006
Cite this record
“Although it is obvious that the Keynesians were all wrong an…” Ron Paul. Carolina Quotes, record CQ-227CA05A74. https://carolinaquotes.com/quote/227ca05a74
More from Ron Paul
If we can't or won't define the enemy, the cost to fight such a war will be endless. How many American troops are we prepared to lose? How much money are we prepared to spend? How many innocent civilians, in our nation and others, are we willing to see killed? How many American civilians will we jeopardize? How much of our civil liberties are we prepared to give up? How much prosperity will we sacrifice? [...] I support President Bush and voted for the authority and the money to carry out his responsibility to defend this country, but the degree of death and destruction and chances of escalation must be carefully taken into consideration.
Our foolish policy in Iraq invites terrorist attacks against U.S. territory and incites the Islamic fundamentalists against us.
The constant refrain that bringing our troops home would demonstrate a lack of support for them must be one of the most amazing distortions ever foisted on the American public.