Ron Paul on Ludwig von Mises





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Uploaded on Feb 13, 2011

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Ludwig Heinrich Edler von Mises September 29, 1881 -- October 10, 1973) was an Austrian economist, historian, philosopher, author, and classical liberal who had a significant influence on the modern free-market libertarian movement and the Austrian School.

The Revolution: A Manifesto is a New York Times #1 best seller by Republican U.S. Congressman Ron Paul. According to Paul, the book is based on written notes during his 2008 presidential campaign.

The contents include a brief preface, seven chapters, and a bibliographic appendix. The preface emphasizes that the book was written to contrast Paul's ideas against "the deadening consensus that crosses party lines, that dominates our major media". Chapter 1 carries this theme by describing recent American elections as false dilemmas and presenting the message of freedom and individual rights as rallying a new widespread revolution, yet one grounded in the tradition of Robert Taft Republicanism. Paul describes the book as "an opportunity to highlight and explain [my views] in the kind of systematic fashion that campaign speeches and presidential debates simply do not allow", "a long-term manifesto based on ideas, and perhaps some short-term marching orders", and "what the agenda of George W. Bush's successor should be if we want to move toward a free society once again".

The longer Chapters 2--6 each take up a particular political issue in turn. A foreign policy of nonintervention is defended from texts of the Founding Fathers and influential conservatives, and diversely elaborated in relation to al-Qaeda, Iraq, Iran, foreign aid, and Israel. Strict construction of the U.S. Constitution, especially as it establishes states' rights, is defended against signing statements and judicial activism, and employed to affirm declaration of war by Congress, opposition to military conscription, a strongly anti-war and non-interventionist foreign policy, rejection of racism, and Paul's pro-life position. Economic solutions are proposed to abolish the income tax while sustaining Social Security, to restore the previous high-quality American health care system Paul recalls from his career, and to address regulation, free trade, environmentalism, and campaign finance. Paul emphasizes civil liberties as expressed in the American Freedom Agenda Act and warns against dangers of a surveillance state, the War on Drugs, and educational mental health screening. Finally, he employs free-market economics against the Federal Reserve, hyperinflation, the subprime mortgage crisis, and taxes on gold and silver transactions.


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