Liberty MavenRon Paul Suggests Ludwig von Mises for Time Magazine’s Person of the Year
December 18th, 2008 10:42 pm | by Mike Miller | Published in Banking, Economics, Education, Federal Reserve, gold standard, Liberty, Ludwig Von Mises, Money, Politics, Ron Paul | 1
In Time Magazine Ron Paul makes his nomination for Person of the Year:
Amid a horrific financial crisis, all we hear are calls for more of the money-printing, spending and subsidies that created this mess. So I choose my great teacher, Ludwig von Mises, champion of the Austrian School of economics, who taught us how a central bank like the Fed causes booms and busts and how to build prosperity through sound money and economic freedom.
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December 19th, 2008 at 11:01 am (#)
Ludwig von Mises as Time Magazine’s Man of the Year?
Now that is really funny.
Time Magazine wouldn’t know anything about von Mises.
In addition, isn’t von Mises quite dead, and been dead for 35 years?
But here’s the really funny part: If Time does have old Ludwig as Man of the Year, his name will forever be associated with the economic calamity that was 2008–not as an economist with a viable alternative, but as an associate of the calamity,
For old Ron to have wanted his teacher associated with 2008, as one of the leading figures, albiet dead, of 2008, is to show that old Ron has sone senile.
Time should pick someone who epitomises 2008 for its Man of the year.
But I always thought that Dr Paul needed the services of another kind of doctor or social worker.