Austrian Ron Paul vs. Keynesian Robert Reich on Larry King

January 25th, 2010 10:37 pm  |  by Marc Gallagher  |  Published in Commentary, Debt, Economics, Federal Reserve, Free Market, Money, Ron Paul, Taxes, government spending, inflation  |  0

Ron Paul appeared on Larry King earlier this evening to discuss the effectiveness of Obama’s stimulus package. The discussion was quite good until the end when Reich used the final opportunity to speak to attack Ron Paul as being like “Hoover” and then praising FDR and “the war” for getting us out of the Great Depression.

I really wish Ron Paul (I’m sure he does too) had time to refute those fallacies, but as is often the case with these appearances, he ran out of time. If you don’t understand why Reich’s statements are incorrect take some time to read some of Robert Higgs work on the same topic.

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