The GOP Has ‘formally committed itself to Austrian economics’

It’s great that Austrian economics is now the embodiment of free market economics in the minds of so many people. This comes at a great price, of course, since groups that have virtually no interest at all in actual free-market economics, such as the Republican Party, are nonetheless associated with Austrian economics. In the case of the GOP,  Republicans like to distract the voters with references to Mises and Hayek right before heading over to vote “yes” on the latest multi-trillion dollar war or welfare program.

Ron Paul: Leave Ukraine Alone

by Ron Paul

Last week Ukraine saw its worst violence since the break-up of the Soviet Union over 20 years ago. Protesters occupying the main square in the capitol city, Kiev, clashed with police leaving many protesters and police dead and many more wounded. It is an ongoing tragedy and it looks like there is no end in sight.

The current conflict stems from a divide between western Ukraine, which seeks a closer association with the European Union, and the eastern part of the country, which has closer historic ties to Russia.