U.S. Rep. Ron Paul | Friedrich Hayek |
Friedrich Hayek
A Wise Consistency
February 11, 2004 2004 Ron Paul 2:36
Conclusion: Emerson’s real attack was on intellectual conformity without a willingness to entertain new ideas based on newly acquired facts. This is what he referred to as the foolish consistency. The greatest open-minded idea I’m aware of is to know that one does not know what is best for others, whether it’s in economic, social, or moral policy, or in the affairs of other nations. Believing one knows what is best for others represents the greatest example of a closed mind. Friedrich Hayek referred to this as a pretense of knowledge. Governments are no more capable of running an economy made fair for everyone than they are of telling the individual what is best for their spiritual salvation. There are a thousand things in between that the busybody politicians, bureaucrats, and judges believe they know and yet do not. Sadly our citizens have become dependent on government for nearly everything from cradle to grave, and look to government for all guidance and security.
Friedrich Hayek
CAFTA: More Bureaucracy, Less Free Trade
06 June 2005 Texas Straight Talk 06 June 2005 verse 5 ... Cached
We don’t need government agreements to have free trade. We merely need to lower or eliminate taxes on the American people, without regard to what other nations do. Remember, tariffs are simply taxes on consumers. Americans have always bought goods from abroad; the only question is how much our government taxes us for doing so. As economist Henry Hazlitt explained, tariffs simply protect politically-favored special interests at the expense of consumers, while lowering wages across the economy as a whole. Hazlitt, Ludwig von Mises, Friedrich Hayek, Murray Rothbard, and countless other economists have demolished every fallacy concerning tariffs, proving conclusively that unilateral elimination of tariffs benefits the American people. We don’t need CAFTA or any other international agreement to reap the economic benefits promised by CAFTA supporters, we only need to change our own harmful economic and tax policies. Let the rest of the world hurt their citizens with tariffs; if we simply reduce tariffs and taxes at home, we will attract capital and see our economy flourish.
Friedrich Hayek
The Perils of Economic Ignorance
27 March 2006 Texas Straight Talk 27 March 2006 verse 8 ... Cached
I strongly recommend that every American acquire some basic knowledge of economics, monetary policy, and the intersection of politics with the economy. No formal classroom is required; a desire to read and learn will suffice. There are countless important books to consider, but the following are an excellent starting point: The Law by Frederic Bastiat; Economics in One Lesson by Henry Hazlitt; What has Government Done to our Money? by Murray Rothbard; The Road to Serfdom by Friedrich Hayek; and Economics for Real People by Gene Callahan.
Texas Straight Talk from 20 December 1996 to 23 June 2008 (573 editions) are included in this Concordance. Texas Straight Talk after 23 June 2008 is in blog form on Rep. Paul’s Congressional website and is not included in this Concordance.
Remember, not everything in the concordance is Ron Paul’s words. Some things he quoted, and he added some newspaper and magazine articles to the Congressional Record. Check the original speech to see.