"We're All Austrians Now" - Ron Paul and the IA Caucus

Mitt Romney squeaked out an eight-vote victory over Rick Santorum in Iowa on Tuesday, with Ron Paul finishing a close third.

Reason.tv spent the night at a caucus in Ankeny, IA and at the Ron Paul headquarters at the Ankeny Holiday Inn. While there, we encountered hopeful Ron Paul supporters, many expecting a first-place finish. When those hopes were dashed, many expressed disappointment while also maintaining hope for success in future primaries and acknowledging improvements made since the 2008 campaign.

Paul himself called Iowa a success, saying that his top three finish guaranteed him one of "three tickets" out of Iowa.

"I think there's nothing to be ashamed of, everything to be satisfied [with], and be ready and rearing to go on to the next stop, which is New Hampshire," said Paul.

About 3 minutes.
 Produced by Sharif Matar and Zach Weissmueller.

Visit Reason.tv for downloadable versions, and subscribe to Reason.tv's YouTube Channel to receive immediate updates when new material goes live.

Category:

News & Politics

Tags:

• Mitt
• Romney
• Rick
• Santorum
• Iowa
• Ron Paul
• Election
• Reason
• We're All Austrians Now
• Ankeny

[LordHypnos2]

All the world is subject to Austria.

[suitabledude]

@juliaisafilmbuff123 hayek relied on methodological individualism, and vernon smith has won a nobel prize empirically demonstrating the validity of many of hayek's theoretical constructs, whereas keynesians rely on scientism i.e. they misapply the methods of the harder sciences to complex systems that don't lend themselves to neat mathematical soln's involving simple low-order pde's. i.e. keynesianism suffers from a pretence of knowledge. you've got it backwards.

[hehefromhere]

@TheManiacalSatanist6 Well remember that as soon 1 person understand ron paul, they get educated on the world and how the system works.. So every person converted to Ron Paul is a win! :D

[eventhisidistaken]

If not now, when? If not us, who? Paul is still in the race, even though it's not looking good. Paul is a great man, but the R3VOLUTION is greater than just Ron. If 2012 is not the year, we'll try again in 2016, after Republicans have had 4 more years to cry in their drinks that libertarians spoiled 2012 for Romney/Gingrich and gave the election to Obama - as if they were entitled to our votes simply for wearing the Republican brand name.

[TheManiacalSatanist6]

Ron Paul = The Candidate that won't win because people are too fucking stupid.

[TheManiacalSatanist6]

@hamzyboy The Austrian School was resuscitated by Reagan? Are you fucking kidding me? The harshest critics of Reagan came from the Austrian School. Also, they reject Macro-Economics because they are models not based in reality, and they reject mathematical methods because the variables are changing so quickly that you can't make sound calculations. Any attempt at calculating using mathematics on a Macro scale is going to give some very silly results.

[Lukeor]

@juliaisafilmbuff123 Minus the religion part. Nothing is accepted on faith in Austrian economics. It's all fact based. Like the science field.

[MrLenzi1]

@solarlove429 I'm sorry, who exactly is "Micheal Keynes"? Is it possible that you are talking about John Maynard Keynes? And Keynes was in favour of a central bank manipulating the interest rates and the money supply (which is what's being done now), he was in favour of monetary and fiscal stimulus (again, being done now) and in favour of government programs (being done now). I think Obama's policies are a perfect examples for keynesian economics.

[solarlove429]

Solyndra, 500 million just goes down the Empire moneyhole. Screw the taxpayer, no?

[solarlove429]

Micheal Keynes never said the Goverment should buy private business permently. He knew that only immediately liquidateable loans should he given from public to private. What Obama practices is not even close to keynesian economics.