Although it is obvious that the Keynesians were all wrong and interventionism and central economic planning don't work, whom are we listening to for advice on getting us out of this mess? Unfortunately, it's the Keynesians, the socialists, and big-government proponents. Who's being ignored? The Austrian free-market economists - the very ones who predicted not only the Great Depression, but the calamity we're dealing with today. If the crisis was predictable and is explainable, why did no one listen? It's because too many politicians believed that a free lunch was possible and a new economic paradigm had arrived. But we've heard that one before - like the philosopher's stone that could turn lead into gold. Prosperity without work is a dream of the ages. (Ron Paul)

Although it is obvious that the Keynesians were all wrong and interventionism and central economic planning don't work, whom are we listening to for advice on getting us out of this mess? Unfortunately, it's the Keynesians, the socialists, and big-government proponents. Who's being ignored? The Austrian free-market economists - the very ones who predicted not only the Great Depression, but the calamity we're dealing with today. If the crisis was predictable and is explainable, why did no one listen? It's because too many politicians believed that a free lunch was possible and a new economic paradigm had arrived. But we've heard that one before - like the philosopher's stone that could turn lead into gold. Prosperity without work is a dream of the ages.

Ron Paul

Related topics

advice austrian calamity central crisis dealing depression dream free getting gold great lead listening listen lunch mess ones paradigm planning possible predictable prosperity stone turn work wrong today interventionism

Related quotes