The Mises Community
An online community for fans of Austrian economics and libertarianism, featuring forums, user blogs, and more.

Scathing review of Ron Paul's End The Fed

Answered (Not Verified) This post has 0 verified answers | 105 Replies | 12 Followers

Not Ranked
13 Posts
Points 485
Koolaid-drinker posted on Sat, Sep 19 2009 7:40 PM

Here's a devastating refutation of Paul's book:

part 1

http://www.youtube.com/watch?v=wZqtjb8LIbU

part 2

http://www.youtube.com/watch?v=IGOdozLEyxQ

  • | Post Points: 200

All Replies

Top 25 Contributor
Male
1,465 Posts
Points 24,465
Answered (Not Verified) Daniel replied on Sat, Sep 19 2009 7:48 PM
Suggested by hayekianxyz

Oh, come on, Ron Paul uses the original definition of inflation, which is the expansion of money and credit. Are you telling me that rising prices that cause the money and credit supply to increase?

My favorite online shop: www.cafepress.com/libertyphile Big Smile

  • | Post Points: 20
Top 10 Contributor
Male
7,643 Posts
Points 132,720
MVP
SystemAdministrator

It's hard to watch Mr. Self Promoter on YouTube anymore.  He's become a bit of a parody of himself, earning subscribers for YouTube, and helping Google data mine people on the web.  Like so many social network socialists, he is just a willing and eager foot soldier for the corporations seeking to exploit the masses.

Besides, his subscriber base can't afford to buy new books anyway, so its a wasted effort.  They were never the audience for Ron Paul's book.

If you find something evil that wobbles, push it. - Gary North

  • | Post Points: 5
Top 25 Contributor
1,691 Posts
Points 26,900

Devastating, or clueless?

Peace
  • | Post Points: 20
Top 200 Contributor
Male
148 Posts
Points 1,970
Suggested by Fephisto

You are linking to 1001 nights? SERIOUSLY?

  • | Post Points: 5
Top 500 Contributor
65 Posts
Points 1,195
Fluery replied on Sat, Sep 19 2009 9:38 PM

None of you sensed the dripping sarcasm of the op...?

  • | Post Points: 5
Top 25 Contributor
Male
1,808 Posts
Points 27,745
Moderator
MVP

wageslave:

Here's a devastating refutation of Paul's book:

part 1

http://www.youtube.com/watch?v=wZqtjb8LIbU

part 2

http://www.youtube.com/watch?v=IGOdozLEyxQ


Apparently, a "devastating" review is one that merely confirms your own preferences, views, & assumptions, regardless of any possible counter-arguments.

Are you going to post more bait anytime soon? 

  • | Post Points: 20
Top 25 Contributor
2,443 Posts
Points 39,250
Moderator

No, he's not. Ever.

  • | Post Points: 5
Top 200 Contributor
176 Posts
Points 3,895

Amidst his rambling, he gave me the impression that he did not read the book.

  • | Post Points: 5
Top 10 Contributor
Male
4,247 Posts
Points 65,050
ForumsAdministrator
Moderator
SystemAdministrator

Or perhaps it's a scathing refutation of any intellectual credibility you had left? Yeah. Run along now and play with the kiddies.

To darkness I condemn you...

  • | Post Points: 5
Top 10 Contributor
Male
4,669 Posts
Points 81,345

To be honest, Paul isn't an economist so I'm not sure he should be writing books like End the Fed. I've not read it so I can't really comment, but I think Paul often steps out of his league when he discusses economics. Especially when he references the Austrian school. Don't get me wrong, I've got nothing against Ron Paul and I appreciate the work he does, especially in regards to my own views, but I think he should cut down on his economic rhetoric.

To be honest, to some extent I'd say the same things about a lot of the LvMI policies.

"You don't need a weatherman to know which way the wind blows"

Bob Dylan

  • | Post Points: 110
Top 25 Contributor
Male
971 Posts
Points 15,480

/facepalm

  • | Post Points: 5
Top 25 Contributor
Male
1,497 Posts
Points 28,630
Moderator

GilesStratton:
To be honest, Paul isn't an economist so I'm not sure he should be writing books like End the Fed. I've not read it so I can't really comment, but I think Paul often steps out of his league when he discusses economics.

Agreed. He doesn't seem to have a really deep understanding of the business cycle; it always seemed to me like he just threw around words like "inflation" and "structure of production" without actually understanding the economics behind them. Then again, I could be wrong, since I've never read End the Fed or The Revolution: A Manifesto.

  • | Post Points: 5
Top 200 Contributor
Male
151 Posts
Points 3,180

GilesStratton:
I've not read it so I can't really comment, but I think Paul often steps out of his league when he discusses economics. Especially when he references the Austrian school. I think he should cut down on his economic rhetoric.  

If the only people who talk about the Austrian school are academics then you can be certain that we'll be lost to obscurity. It's the same reason that I think 'mythbusters' is good for science: you need people to popularize the subject as a supplement to the academic work that's done.

How many people do you suppose are interested in AE solely because of Ron Paul? I sure as hell wouldn't be here if it wasn't for him. Is he a good economist? Not really. Is he good at introducing people good economists? Absolutely.

Just my two cents.

"Constitution worship is our most extended public political ritual, frequently supervised as often by mountebanks as by the sincere"
-James J Martin

  • | Post Points: 5
Not Ranked
4 Posts
Points 65
Suggested by shaggz

To whom it may concern

 

I listened to the first minute and a half. The speaker uses "inflation" to refer to price increases. He then fraudulently refers to these prices increases as a result of capitalism and then launches into a socialist tirade and class warfare rhetoric.  Then he attributes the Fed to the capitalists even though credit is due to the corporatists/fascists. 

 

I've stopped watching at the first three and a half minutes. The speaker is using false language, false premises,false history, and false reasoning in order to promote his own false and criminal ideology. A "devastating refutation" it is not.


To be fair, the speaker does have a good speaking voice and sounds well. So long as one has no knowledge of the language, economics, history, politics etc then at the most superficial of levels the speaker appears to no what he is talking about. To one who isn't wholly ignorant the speaker is evidently an ignorant ivory tower academic sort, and to one who is enlightened it is clear the speaker is one of the well dressed savages who wish to destroy civilization in pursuit of their mad fantasies of power. I for one am quite familiar with this collective and see no reason to continue to spend my time listening to such insane dribble.


Sincerely,

Patriot Henry

  • | Post Points: 5
Page 1 of 8 (106 items) 1 2 3 4 5 Next > ... Last » | RSS

Ludwig von Mises Institute | 518 West Magnolia Avenue | Auburn, Alabama 36832-4528

Phone: 334.321.2100 · Fax: 334.321.2119

contact@Mises.org | webmaster | AOL-IM MainMises

Mises.org sitemap