“To condemn free-market capitalism because of anything going on today makes no sense. There is no evidence that capitalism exists today. We are deeply involved in an interventionist-planned economy that allows major benefits to accrue to the politically connected of both political parties. One may condemn the fraud and the current system, but it must be called by its proper names Keynesian inflationism, interventionism, and corporatism.”
Quote by Ron Paul
Work
Pillars of Prosperity: Free Markets, Honest Money, Private Property
This book delves into the theoretical and practical aspects of economic systems, focusing on the roles of free markets, honest money, and private property in fostering economic growth and societal well-being. more
Author
Ron Paul
Ron Paul, a former U.S. Representative, was born on August 20, 1935. He is a renowned politician, physician, and author who served as a U.S. Representative from Texas from 1976 to 1985. Paul ran for the Republican presidential nomination in 2008 and 2012. He is known for his libertarian views and criticism of monetary policy. more