SMRs and AMRs

Thursday, September 22, 2011

Why Ron Paul is winning the GOP primary

By Dana Milbank,
WashPost
Published: September 21

Just 15 seconds into a question-and-answer session with reporters Wednesday morning, Ron Paul found a way to work in a mention of the Austrian School of economics.

From there, he moved inexorably through the Paul oeuvre: the need for the gold standard, the problem with energy-efficient light bulbs, why Greece should declare bankruptcy, why Grover Cleveland was his favorite president, and how our economy is collapsing “just like the Soviet system.”

“I mean, how many people have read ‘Human Action’?” the Republican presidential candidate asked, referring to an economic treatise from the 1940s by one Ludwig von Mises. “How many people have studied Mises and Hayek and Rothbard and Sennholz? … A lot of people just flat out don’t understand what I’m talking about.”

He’s right about that. Rarely does a man go far in public life hawking the sort of oddities that the gadfly from Texas does. And yet, in a sense, Ron Paul is winning the 2012 Republican presidential primary.

(More here.)

1 Comments:

Blogger Minnesota Central said...

For Mr. Paul's information, he is not the only fan of "Human Action" .... in a recent interview, Michele Bachmann was asked her influences on economic matters ...
"I'm also an Art Laffer fiend—we're very close," she adds. "And [Ludwig] von Mises. I love von Mises," getting excited and rattling off some of his classics like "Human Action" and "Bureaucracy." "When I go on vacation and I lay on the beach, I bring von Mises."

Admittedly, Mr. Paul just won the California Straw Poll, thwarting the winning streak of Ms. Bachmann (winner of Iowa and Minnesota Straw Polls) ... but how could anyone vote for Mr. Paul when Ms. Bachmann offers such unapologitic passion ... such as her assessment, if she were president, she wouldn't renominate Ben Bernanke as Fed chairman: "I think that it's very important to demonstrate to the American people that the Federal Reserve will have a new sheriff" to keep the dollar strong and stable.

Mr. Paul is too main stream for today's G.O.P.

9:53 AM  

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