The cliché "Third Way" has been used to define the so-called compromise between the conventional wisdom of the conservative and liberal firebrands. This nice-sounding compromise refers to the noisy rhetoric we hear not only in the US Congress but also in Britain, Germany, and other nations as well. The question, though, remains: Is there really anything new being offered? The demand for bipartisanship is nothing more than a continuation of the Third Way movement of the last several decades, writes Ron Paul.
This audio Mises Daily is narrated by Floy Lilley.