Tag Archives: Ron Paul

Ron Paul doesn’t deserve the label “Austrian”

Matt Yglesias: What Is Austrian Economics, and Why Is Ron Paul Obsessed With It?

I don’t think Paul even deserves the label “Austrian.” Austrian economics, as Yglesias notes, had some useful & important insights. Instead, I would call Paul a Misesian–that is, an rabid know-nothing; the economic equivalent of the young-earth creationists who pass themselves off as biologists.

That, or we could just call him wrong. That would be accurate, too.